red-hot san antone

San Antonio tops U.S. as 2nd most active real estate market within the last decade

San Antonio had the second highest number of single-family home permits between 2013 and 2022.

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A new report has discovered Texas cities hold the top five most active real estate markets in the country, with San Antonio landing in No. 2. The study by storage marketplace StorageCafe reflects the city's resiliency over the last decade after a recent reported plummet in San Antonio's quality of life.

San Antonio had the second highest number of single-family home permits between 2013 and 2022, totaling about 34,000 units. At the same time, the city also permitted over 38,500 new multi-family/apartment units. The massive influx of housing ultimately adds up to an impressive national surge.

On the industrial end, San Antonio also took the No. 2 spot in the country for the most square feet of new industrial space construction. Nearly 23 million square feet was erected in the last decade, and six million constructed for new office space. This further solidifies San Antonio's standing as a top destination for business.

According to the study, the city mainly benefits with its "innovative economy that revolves around healthcare, tech and tourism, but also rooted in manufacturing and international trade."

Outshining Alamo City in the list of real estate growth is Houston(No. 1), with 55,600 single-family homes permitted between 2013 and 2022, and nearly 90,000 multi-family units. Surprisingly, Austin only made it into No. 3, with vastly greater multi-family permits issued in comparison to single-family units: 98,764 versus 37,029.

The real estate markets in Fort Worth and Dallas respectively round out the top five.

The cities that complete the top 10 include:

No. 6 – Phoenix, Arizona
No. 7 – Jacksonville, Florida
No. 8 – Las Vegas, Nevada
No. 9 – Denver, Colorado
No. 10 – Oklahoma City, Oklahoma

The full report can be found on storagecafe.com.

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Take A Walk

New multifamily community opens near Stone Oak restaurants and shopping

Rendering courtesy of Greyson Luxury Living

The new community offers 291 units.

A new multifamily community is now open to prospective residents in San Antonio. Greyson Luxury Living comprises 291 units at 1734 N. Loop 1604 West, with a focus on lifestyle amenities. But the location will be the main draw for many.

Apartment floor plans range from one to three bedrooms, starting at $1,317 for one bedroom and one bathroom, and working up to a base price of $2,611 for three bedrooms and two baths. The community's pet policy according to the website is: "We welcome all your furry friends at Greyson."

Residents will get reserved parking and a garage with EV charging stations, but it might not always be necessary to hop in the car. The apartments are directly adjacent to restaurants like Cover 3, Eddie V's Prime Seafood, and Blü Prime Steakhouse — not exactly everyday eats, but there's tons more at the Vineyard Shopping Center and the Stone Oak neighborhood's Blanco Market Shopping Center across the highway.

In addition to restaurants, the community is less than a five-minute drive from H-E-B Plus, Whole Foods Market, Target, fashion and furniture stores, and multiple fitness studios like StretchLab and LA Fitness.

A press release promises wood-style flooring, quartz and granite countertops, and ceramic tile backsplash. On the more utilitarian side, it offers single-basin sinks, kitchen islands, "spacious" pantries, a stainless-steel Energy Star appliance package, and washer and dryer connections. (Images shared by the complex so far appear to be more illustrative of the desired vibe than the actual space.)

Every floor plan also shows a private patio or balcony. The most expensive floor plan — the three-by-two — has a wraparound outdoor space.

For shared spaces, a resort-style pool with a tanning shelf (a very shallow area for placing lounge chairs) and bike storage encourage residents to get outside, and a dog wash station makes it easy to leave dirt and hair outside of apartments. There's also a fitness center, a clubhouse with wi-fi, elevators, and concierge services.

“We developed Greyson as a luxury multifamily community aimed to fit any type of lifestyle, and we are grateful for all of our partners that helped bring this project to life,” says Ed Garahan, partner and CEO at Carbon Companies, the development firm heading the project.

Carbon Companies also sold the Addison Medical Center Apartments, Ventura Ridge, Triomphe Apartments, and Pecan Springs Luxury Apartment Homes, with more in the works in San Antonio.

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