[JoninATX]

Another major project for San Marcos

by BRAD ROLLINS
November 22, 2011

Darren Casey, the San Antonio developer who is investing heavily in San Marcos, wants to build an upscale $63 million development on 13.5 acres across Sessom Drive from Texas State University.

With 419 units and a total of 1,001 beds, the as-yet unnamed project would be the latest addition to San Marcos’ apartment boom which shows no signs of slowing. The city council entitled 1,000 units of new apartments last week alone, including another Casey project on the Thorpe Lane site of the old county hospital.

The Sessom Drive project would include more than a token commercial component. Plans call for 20,000 square feet of retail and restaurant space arranged around a 7,000 square feet stained and polished concrete outdoor commons area. The apartments would be spread between two buildings connected by a skybridge spanning the development’s entrance.

Casey and Carter Morris, the real estate broker on the deal, say the Sessom Drive development would be a class above any other on the ground — or on the drawing board — in San Marcos.

“It will be a destination. It will look like no other development in San Marcos. … The rents will probably be the highest in town,” Morris said

http://smmercury.com/50922/upscale-d...d-for-pz-vote/