SAN ANTONIO – Southton OZ LLC has broken ground on Southton Apartments, a 239-unit multifamily complex at 14050 Southton Rd.
The $48 million project will be made up of 11 three-story buildings. It will have studios and one- and two-bedroom units ranging from 566 to 1,053 sf.
Amenities will include a clubhouse, fitness center, resort-style pool, dog park, and spa.
Construction will take 22 months.
The development team includes Stuart Falkin, Waypoint Development, 3lb Equities, and Savoy Equity Partners. NRP is the general contractor. The complex was designed by B&A Architects and MBC Civil Engineers. Greystone Funding Co. provided financing.
The San Antonio Housing Trust Public Facility Corp. owns the land.
The Texas Real Estate Research Center has more news like this online for free:Source: Falkin Platnick Realty Group Inc.