Quote:
Originally Posted by AwesomeSAView
There is a San Antonio Business Journal article that states the Jefferson has broken ground today!!!   
Anyone want to post? |
Here ya go
From SABJ:
Jefferson Bank has begun construction on the new Broadway office tower that will serve as its headquarters, the San Antonio-based bank announced Monday.
The project will include a 230,000-square-foot office building at 1900 Broadway St. with ground-floor retail space, five levels of parking and eight levels of office space. Jefferson Bank will take four of the eight floors of office, with four available for lease to third-party tenants.
“We are pleased to begin construction of our new home. For 75 years, we have been locally owned and managed by folks who genuinely care for our community and the people and businesses we serve," Paul McSween, president of Jefferson Bank, said. "With our new headquarters, we are poised for growth and continuing our legacy."
Amenities on site will include a lounge, a fitness center, an elevated bar area and many outdoor patios.
Joeris General Contractors is building the project designed as a collaboration between Don McDonald Associates of San Antonio and HKS of Dallas. The bank tapped Gensler for interior design. JLL will handle office leasing while CBRE will lease retail spaces.
Completion is expected by the third quarter of 2022. Milam Real Estate Capital LLC is serving as the bank's development partner.
"The new headquarters in the city’s growing financial district on the booming Broadway corridor is a prime location," said Plack Carr, managing principal for Milam Capital, which has more than $400 million in office, industrial, retail and land assets under management.
Jefferson Bank is an independent bank with roots in the San Antonio community, operating 11 financial centers in San Antonio, Boerne and New Braunfels. It is the sixth-largest bank based in the San Antonio area with $75.36 million in 2019 revenue, according to Business Journal research.
Still Golden, the Broadway bar demolished for the development, will be one of the project's first retail tenants.