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B. KNIGHTLY ACQUIRES OLD LONE STAR BREWERY FOR REDEVELOPMENT

Posted on by in Retail, Texas

SAN ANTONIO — Austin-based B. Knightly Development has acquired the former Lone Star Brewery in San Antonio and plans to redevelop the site into a mixed-use project. Located on 23 acres, the development will feature 190 residential units, with prices starting at $129,000. Initial plans also include a 3-acre park, an Olympic-size swimming pool, concert venues, bars and beer gardens, and a movie theater. The Lone Star Brewery also features 1,100 feet of frontage on the Mission Reach section of the San Antonio Riverwalk. B. Knightly is seeking LEED certification for the project. Sustainable features will include rainwater collection systems and rooftop photovoltaic solar panels. The first residences are scheduled for completion in summer 2009. The brewery, which was built in 1884, closed 12 years ago after Lone Star moved its brewing operations to Longview, Texas.

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