Posted May 18, 2011, 11:55 AM
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Paradise
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Join Date: Jul 2009
Location: L.A.
Posts: 586
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Tobin Hill project gets Alamo Colleges' OK
Mixed-use development near SAC will include retail space, student housing units and a parking garage.
Quote:
Trustees for the Alamo Colleges on Tuesday voted to approve the district's first public/private partnership, with NRP Group/Balfour Beatty Capital, to create a mixed-use development near San Antonio College that could benefit the school and the surrounding Tobin Hill neighborhood.
An estimated $30 million project, the development will include student housing and retail space, a parking garage and later possibly an academic building for the college.
Located near Luther's Cafe on North Main Avenue, the 4.4-acre site, owned by the Alamo Colleges, is being used for parking. The city has slated the commercial corridor for revitalization, in tandem with efforts by the Tobin Hill Community Association and others to spruce up the entire neighborhood.
Given the proximity to downtown and a college with 22,000 students, the project has a great chance of success, she said.
Initially, the design calls for 150 student housing units, 10,000 square feet of retail space and a 1,000-car parking garage.
The garage will accommodate students with parking permits during the day, and will charge fees for nonstudent parking at night.
Trustees could use profits generated from the first phase to fund a second phase with a 100,000-square-foot academic facility and a 500-ton central plant at Park and Main. But that could change as the colleges' needs evolve, said John Strybos, facilities director for the Alamo Colleges.
Tuesday's vote will allow NRP Group to move forward with plans and seek financing, Strybos said. It will come back to the board with more detailed plans later this summer or this fall.
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http://www.mysanantonio.com/news/loc...OK-1384032.php
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