SAN ANTONIO — Koontz McCombs will break ground in July on CityVista, a high-end, 141-unit, Class A apartment building on one of the last available pieces of commercial real estate in San Antonio’s 281/Hildebrand area — adjacent to Trinity University and the University of Incarnate Word.
The site, located on one of the highest elevations in the city at 647 Hildebrand, will offer views of downtown San Antonio and luxury amenities.
“This is a one-of-a-kind development on arguably the greatest undeveloped site in Bexar County,” says Bart Koontz, president and CEO of Koontz McCombs. “The views and location are spectacular.”
A five-story building designed to blend with its environment, CityVista will feature a brick and stucco exterior and direct-access first floor parking. The building will include a luxury clubhouse, recreation and fitness facilities, and multiple courtyard areas.
Other amenities include an Internet cafe with a coffee bar, a resort-style swimming pool, stainless steel appliances, granite counter tops, gourmet island kitchens, 9-foot ceilings, crown molding and oversized walk-in closets.
“The flats will have all the amenities of a high-end condominium complex without the commitment involved in purchasing a home,” says Koontz.
“We see a market for this as San Antonio is attracting more young professionals who want to live in the city where they work and play, but don’t necessarily want to make a home purchasing decision yet,” he adds.
One- two- and three-bedroom units will be available, ranging from 656 square feet to 1,600 square feet. Rents will range from $1,240 to $3,000 per month.
Wallace Garcia Wilson Architects of Houston is doing the design work, and the project is slated for completion in December 2014.
Headquartered in San Antonio, Koontz McCombs is a commercial real estate company with active disciplines in development, construction, leasing and property management. The company has been involved in the development and/or acquisition of more than 7 million square feet of commercial property. Koontz McCombs is active in the Texas market, specifically San Antonio, Austin and Houston.
— Matt Valley