REAL ESTATE NEWS

Huge new coworking hub to open in historic downtown San Antonio

202 Main Plaza will be the new home of Project Cowork.

Photo courtesy of Stream Realty Partners.

A giant WeWork anticipated for San Antonio's Kress Building may never have opened, but a local coworking firm is betting that there's still a need for quality shared office space downtown. Commercial real estate firm Stream Realty Partners revealed that Project Cowork has signed a lease for a new outpost at the recently restored 200 Main Plaza.

Although all workers will be welcomed, the 19,060-square-foot space on the building's second through fourth floors will be geared primarily toward attorneys. The Bexar County Courthouse is across the street, providing an easy walking commute from the client to the courtroom.

"We're excited to be part of the momentum in downtown San Antonio," said Aamil Sarfani, CEO at Project Cowork, in a release. "At 200 Main, we're creating a service-first coworking space with private offices and conference rooms tailored for attorneys, client-facing businesses, and other professionals who value flexibility and a premium location."

Project Cowork currently operates three spaces on the Northwest Side, Castle Hills, and near the San Antonio International Airport. Each is outfitted with conference rooms, private offices, team suites, and shared desks for "solopreneurs." The company also owns a building in Dignowity Hill, which is being pitched as a headquarters for single medium- to large-sized businesses.

The downtown location will be the coworking firm's first location in a historic building. Since being built in 1915, 200 Main Plaza has served as a health department, city jail, and police station, before becoming office space in 1962. In 2023, the building was completely modernized while keeping its historic facade intact.

In recent years, San Antonio's city core has been slowly reviving. WeWork's downtown abandonment, decided during the company's scandalous near-collapse, came during a slowdown for downtown, exacerbated by the 2020 pandemic. Since then, adaptive reuse projects like the upcoming Nix Apartments have led a surge in development. Stream says the Project Cowork deal is the largest new lease signed in a year. The timeline for its opening will be announced at a later date.

downtown coworking historic district openings

COMING ATTRACTIONS

$6.5M clinic makeover to bring 2 new restaurants to Alamo Heights

RidgemontProperties.com

5307 Broadway will feature two anchor restaurants.

A new development in Alamo Heights will soon give a former Nix Health building a shot in the arm. The well-known 5307 Broadway building, named for its address, is being converted into a mixed-use hub anchored by two new restaurants.

A webpage for the project describes the dining options, but doesn’t divulge the names or any associated chefs. One is “an East Coast-inspired oyster and martini bar with American cuisine, open for lunch and dinner,” and the other is a “New Orleans-style chophouse with a menu focused on prime steaks, Gulf seafood, and classic cocktails.”

The second level is a little less mouthwatering, mostly featuring office suites. The largest is a 6,870-square-foot private space outfitted with meeting rooms, a “luxury lounge,” and a hospitality-focused kitchen equipped with a cold brew tap.

The familiar building has been vacant since 2019, when Nix Health’s parent company, Prospect Medical Holdings, pulled out of the San Antonio market, citing declining demand. According to the San Antonio Business Journal, local real estate firm Ridgemont Properties originally sought another medical provider to fill the space.

As it sits now, the 1965 building looks more like a clinic than a future Alamo Heights haunt. But renderings for the project show a much warmer space with brick cladding, slatted wood, and a central landscaped atrium that retains the most distinctive feature, the grid at the central facade.

According to recently filed paperwork with the Texas Department of Licensing and Regulation, the $6.5 million renovations are set to begin in February 2026 with a planned completion date in November 2026. A request for more accurate information was not returned by publication time.

5307 Broadway isn't the only new development breathing new life into abandoned Nix Health properties. In July, Innjoy Hospitality submitted detailed blueprints to the Historic and Design Review Commission for the newly dubbed Nix Apartments in the landmark Nix Building at 414 Navarro St.

restaurants alamo heights broadway development