As if the multimillion-dollar San Pedro Creek renovation wasn't flashy enough, a new housing development is currently underway nearby. On June 28, the NRP Group officially broke ground on Acero, a 323-unit billed as "an upscale multifamily development" expected to be complete by spring 2021.
In a release, the developer highlights Acero's primo location just west of Southtown and King William near the Blue Star Complex, and with nearby access to I-10, I-35, and South Flores Street.
"We are thrilled to be offering housing of the highest quality in San Antonio, which has experienced incredible growth in recent years," says NRP cofounder and CEO J. David Heller. "Acero will add a unique living experience to an already vibrant neighborhood."
The new development will consist of five buildings across 10 acres, offering perks such as a resort-style pool, fitness center, grills and outdoor fire pits, and a dog park and pet wash. Other amenities include a 24/7 concierge, conference areas, bike storage, and something called a "cyber lounge."
"Acero will cater to everyone from young professionals entering San Antonio's hot job market to retirees looking for convenient, hassle-free living in one of America's most active cities," the release continues.
In catering to those San Antonians, residences will be apartment only, and comprised of a mix of studio, one-, two-, and three-bedroom units. Street and garage parking will also be available.
According to the release, NRP partnered with the San Antonio Housing Trust Public Facility Corporation to ensure that 50 percent of the 323 units at Acero will be made available to residents earning less than 80 percent of the area's median income.
"Acero is another example of NRP's commitment to meeting the housing needs of all within our community," said San Antonio City Councilman Roberto C. Treviño. "Housing is one of our most important initiatives, and it will be great to see a new residential community in this neighborhood that also provides an affordable component."