San Antonio Commercial Advisors team plans mixed-use scheme in US
November 26, 2019 – A group of local developers, led by San Antonio Commercial Advisors, has planned a 97-acre mixed-use development on the west side of San Antonio in Texas, US.
The development, named Vicinia, will comprise residences including townhomes, condos, as well as mixed-use buildings, many with ground-floor retail spaces.
Located at the intersection of Military and Potranco, within a suburban area outside loop 410 in San Antonio, the new development will create walkable, bikeable, and drivable neighbourhood that offers a mix of housing for all incomes and ages, plus retail, office, and community facilities.
Vicinia will also include events, recreation space, food truck spots, and a future farmer’s market.
San Antonio Commercial Advisors said that the development will be the first of its kind built in a suburban San Antonio area and also the first project to use the city’s Transit Oriented Development (TOD) zoning code that encourages density near transportation facilities.
San Antonio Commercial Advisors CEO Ed Cross said: “For San Antonio to meet the needs of one million additional residents within 20 years, we need to take steps now to address and hopefully pre-empt challenges that will arise with increased roadway congestion and housing supply.
“New urbanism design models address these challenges, providing walkable, mixed use environments that minimize dependency on cars, thereby improving life quality and supplying people with more time and a healthier communal life.”
San Antonio Commercial Advisors said that the development is designed to provide a safe and pleasant pedestrian environment near shops and the transit station, reducing conflicts between vehicles and pedestrians.
The company is a full-service commercial real estate firm and member of the Cushman & Wakefield Alliance.
District 6 councilwoman Melissa Havarda said: “Vicinia is providing a real alternative to typical suburban development models, helping to encourage walking and incorporate more diverse means of transportations into the design phase so that citizens can utilize healthier and more enjoyable ways to get where they need to go.”