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  #81  
Old Posted Apr 26, 2020, 8:15 AM
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sirkingwilliam sirkingwilliam is online now
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I’m definitely interested in hearing why you feel that way.
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  #82  
Old Posted Apr 27, 2020, 2:24 PM
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Originally Posted by sirkingwilliam View Post
I’m definitely interested in hearing why you feel that way.
Sure. I just think there are more capable developers out there who have a proven track record of developing large scale projects like this one would be.

I have yet to see a large scale project that Gray Street has completed. The Light/Print building seems to be stuck and not nearing completion. This crew owns some great properties but do they have bandwidth to do a large scale redevelopment like Lone Star would require?

A group like Silver Ventures, Embrey, or Weston Urban could be great. Or a developer like Endeavor Real Estate Group out of Austin who was behind The Domain development.
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  #83  
Old Posted Apr 29, 2020, 5:26 PM
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https://www.expressnews.com/real-est...e-15232516.php

“ Sale of former Lone Star Brewery complex falls through

A deal to sell the former Lone Star Brewery complex to a local developer fell through, likely sending the star-crossed property into the hands of one of its lenders, barring any unforeseen twists.”
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  #84  
Old Posted Apr 29, 2020, 6:19 PM
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This one can’t catch a break
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  #85  
Old Posted May 1, 2020, 12:24 AM
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A bankruptcy judge has authorized the sale of the Lone Star Brewery complex south of downtown to a local developer for $14.45 million.

The deal between the brewery’s owners, Lone Star Brewery Development, and GrayStreet Acquisitions, a subsidiary of the development company GrayStreet Partners, will close on Friday.

“We’re looking forward to acquiring it tomorrow and writing a new chapter for the Lone Star Brewery,” said Kevin Covey, GrayStreet’s managing partner.

https://therivardreport.com/sale-to-...-brewery-saga/
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  #86  
Old Posted May 1, 2020, 12:46 AM
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Oh yeah! Sounds good to me.
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  #87  
Old Posted May 2, 2020, 3:11 AM
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Good news!!!!


Life is coming back to SA!!!
After two months of ........
Go away Covid-19......
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  #88  
Old Posted May 2, 2020, 12:21 PM
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Good news!!!!


Life is coming back to SA!!!
After two months of ........
Go away Covid-19......
Serious question: When construction workers all have to use the same portable toilets in a small enclosed space, how is that safe with a highly contagious airborne virus?
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  #89  
Old Posted May 2, 2020, 4:23 PM
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Originally Posted by JACKinBeantown View Post
Serious question: When construction workers all have to use the same portable toilets in a small enclosed space, how is that safe with a highly contagious airborne virus?
Probably the same as other bathrooms: clean regularly, spray Lysol disinfectant, etc.
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  #90  
Old Posted May 2, 2020, 8:00 PM
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Originally Posted by JACKinBeantown View Post
Serious question: When construction workers all have to use the same portable toilets in a small enclosed space, how is that safe with a highly contagious airborne virus?
Face masks, gloves, etc,,,,,

Don't go?,,,

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  #91  
Old Posted May 3, 2020, 12:57 AM
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^^ Is that what the epidemiologists you know told you?
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  #92  
Old Posted May 3, 2020, 1:52 AM
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Hey, if it's any consolation, it'll probably be years before they even start on Lone Star, considering the lineup of projects that they've barely begun, including the twenty-story tower and the multi-acre project east of Pearl. So those construction workers will be dead of old age long before they have to worry about catching a virus from a toilet seat.
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  #93  
Old Posted May 3, 2020, 5:21 AM
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Ok fellas. Covid discussion can take place elsewhere please.
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  #94  
Old Posted May 3, 2020, 5:44 AM
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Originally Posted by Spoiler View Post
Hey, if it's any consolation, it'll probably be years before they even start on Lone Star, considering the lineup of projects that they've barely begun, including the twenty-story tower and the multi-acre project east of Pearl. So those construction workers will be dead of old age long before they have to worry about catching a virus from a toilet seat.
Yup, Gray Street has been long on promises, and short on results.

But, as long as the lake remains, I can wait, and wait, and wait...
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  #95  
Old Posted May 3, 2020, 5:49 AM
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  #96  
Old Posted May 7, 2020, 2:48 PM
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Originally Posted by Spoiler View Post
Hey, if it's any consolation, it'll probably be years before they even start on Lone Star, considering the lineup of projects that they've barely begun, including the twenty-story tower and the multi-acre project east of Pearl. So those construction workers will be dead of old age long before they have to worry about catching a virus from a toilet seat.
Yep, Gray Street has yet to instill any confidence that they have the wherewithal to deliver product to market. They are great at buying property though, I'll give them that.
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  #97  
Old Posted May 8, 2020, 1:17 AM
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Yep, Gray Street has yet to instill any confidence that they have the wherewithal to deliver product to market. They are great at buying property though, I'll give them that.
I will say this in defense of GrayStreet: they are a local company and they "get" what should happen with the development. Quoting from a recent SABJ article:

Quote:
“The history is critical,” Covey told me. “Southtown, King William, the Lavaca area, South Presa, South Roosevelt, these places were the oldest parts of our city. They have a tremendous amount of history that we need to embrace. It’s the kind of character and authenticity you can’t buy. We will complement and augment that."
https://www.bizjournals.com/sananton..._news_headline

I believe GrayStreet will produce a development that is sensitive to the area and will complement the neighborhoods around it, which are some of the most interesting parts of the inner city (assuming they will ever do anything).
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  #98  
Old Posted May 8, 2020, 3:26 AM
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Originally Posted by Spoiler View Post
I will say this in defense of GrayStreet: they are a local company and they "get" what should happen with the development. Quoting from a recent SABJ article:



https://www.bizjournals.com/sananton..._news_headline

I believe GrayStreet will produce a development that is sensitive to the area and will complement the neighborhoods around it, which are some of the most interesting parts of the inner city (assuming they will ever do anything).

Yes, their plans are always fantastic and I have gotten excited each time they announced what they proposed to do...but then nothing. If their goal is to be developers, then develop. If they are holding assets to flip them at a later date...then that’s fine too but be upfront about it and don’t grandstand us with plans of what could be. These guys own prime real estate...i hope they do something with it. That W hotel could be such a great project...can you imagine that kind of corner anchor??

Last edited by Tornado; May 8, 2020 at 3:27 AM. Reason: Typo
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  #99  
Old Posted Mar 4, 2021, 4:01 PM
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Midway of Houston and GrayStreet of San Antonio are proposing a large scale mixed use development on former alone Star Brewery site.


Quote:
The cluster of buildings comprising the Lone Star Brewery have sat empty since 1996, gathering graffiti and falling into disrepair as nearby neighborhoods have flourished and sections of the River Walk remade.

It’s not for lack of interest. Developers have attempted several times to revitalize the 32-acre site across the San Antonio River from Roosevelt Park, but their efforts failed because of costs, bankruptcies and environmental problems.

A new group — a partnership between Houston-based developer Midway and local firm GrayStreet Partners — is confident they can make it work.

With a different ownership structure, experience developing large projects, a new plan for the site, bond funding for improvements on Lone Star Boulevard and Roosevelt Avenue and a swell of construction in the center city, it might actually happen.

Midway has built large developments in Houston, including the 2 million-square-foot CityCentre. Its portfolio encompasses about $2 billion of upscale mixed-use sites. The firm is turning a sprawling swath along Buffalo Bayou into housing, offices and retail.

“We really think about, when we create these districts, what’s compelling for someone to come at all times of the day and/or be with us all day?” said Jonathan Brinsden, Midway’s CEO. “Whether you’re a resident, a community shopper, a potential office tenant or even someone utilizing the trail system, what is it we can offer you to come and stay for a while and hang out?"

The companies plan to turn the Lone Star complex into a pedestrian-friendly mix of apartments, offices, restaurants, shops, entertainment venues, art and green space for events and spending time outdoors.


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  #100  
Old Posted Mar 4, 2021, 8:31 PM
AwesomeSAView AwesomeSAView is offline
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LOVE IT!!!!!
Let's hope this one sticks!!!!
Love the canoeing on the SA river nearby!!!
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