The Historic and Design Review Commission Wednesday approved a 223-unit apartment complex near the burgeoning Pearl Brewery, adding to the flurry of residential and mixed-use developments going up in the area.
The four-story, brick complex – called Brewery South – will be located on a 2.5-acre site on Newell Avenue, with Camden Avenue to the west, I-35 to the south, and Avenue A to the east. The site, which abuts the San Antonio River, is currently home to several industrial buildings that will be demolished for the development.
Officials said Brewery South’s location along the river is desirable for future tenants, who can easily access the waterway and take part in the growing number of amenities in the neighborhood and at the Pearl Brewery. Once completed, the structure will include a pool deck, community living room, library, and fitness center, all with views of the San Antonio River. Two interior courtyards and a private connection to the river are also planned.
Houston-based Wallace Garcia Wilson Architects provided the initial renderings for the project.
Brewery South is a project by Silver Ventures, a firm headed by San Antonio billionaire Christopher “Kit” Goldsbury, that bought the Newell Avenue property in 2008. About 10 years ago, Silver Ventures converted the once-vacant Pearl Brewery into the booming entertainment, culinary, and residential hub that it is today.
The firm also plans to build two office towers and a parking garage on the entire block between Broadway Street and Avenue B. A number of other residential and mixed-use projects – including the 122-unit Cellars at Pearl next to Hotel Emma, and downtown developments by GrayStreet Partners – also are going up nearby.
Brewery South signals the growth of the Museum Reach of the San Antonio River, and will complement the neighborhood’s increasing amount of office and retail space. Silver Ventures is expected to remain a large part of that growth, seeing as the firm owns about three acres across the Museum Reach that it plans to develop in the coming years.