A San Antonio developer is planning to construct two tales of economic, meals and beverage house on Market Avenue and the River Stroll within the Hemisfair space.
Graystreet Companions’ proposed mission, which might embody an artwork backyard, plaza and greater than 50,000 sq. toes for meals, beverage and industrial house, was accredited by the Metropolis of San Antonio’s Historic and Design Evaluate Fee on Wednesday.
The mission is a part of a rising listing of economic developments in Hemisfair. The Monarch Lodge, only a stone’s throw from Graystreet’s proposed web site, will open this 12 months, and a litany of Challenge Marvel-related efforts, together with upgrades to the close by Henry B. Gonzalez Conference Heart and a brand new downtown enviornment for the San Antonio Spurs, are deliberate over the following decade.
The mission is named 550 Market Avenue, in line with a press launch, and may have underground parking and pedestrian entry to Civic Park and the River Stroll. There will probably be an artwork backyard and a plaza space, in addition to retail and eating places.
Underground parking will be capable to maintain 300 automobiles, in line with a press launch. Parking has been an rising a part of discussions round Challenge Marvel and a brand new Spurs enviornment.
Structure agency Gómez Vázquez Worldwide, which works on initiatives in Mexico, Spain and the U.S., is designing 550 Market Avenue. Graystreet can be working with the Hemisfair Park Space Redevelopment Company, a nonprofit native authorities company tasked with sustaining the Hemisfair space.
“The design helps connection from downtown to Civic Park, prioritizes the pedestrian, offers new retail and eating choices, and provides parking in a means that matches the district and helps its continued development,” mentioned Melissa Robinson, interim CEO of Hemisfair Park Space Redevelopment Company, in a press launch.
The location has been the positioning of proposed initiatives earlier than, together with 29-story, after which 10-story combined use mission that may have concerned housing and retail.
Publish Lake Capital, the Austin-based firm engaged on the mission, bought its curiosity to Graystreet in 2025.
