Work Underway on UTSA Student Housing Development
A student housing development, along with a generous amount of retail options, is in the works off the campus of the University of Texas at San Antonio.
The San Antonio Business Journal reports Barshop & Oles Co. and Phoenix Property Co. have started construction on La Cantera Crossing, a 182-unit mixed-use development. The project is across the street from The Shops at La Cantera, an open-air shopping center located within the La Cantera District of San Antonio.
The project will be fronted by several retail buildings at the intersection of I-10 and La Cantera Parkway. Retail uses, leased by Barshop & Oles, are expected to include a mix of casual dining, retail stores and personal services.
Phoenix took out a loan from UMB Bank for an undisclosed amount as part of the transaction.
La Cantera Crossing is slated to deliver before the 2028-2029 academic year.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout