Cedar Street Townhouses coming to King William

The December/January King William Association newsletter included this story of the new townhouses being developed by long-time neighbors Steve Yndo and Jim Bailey. They have been working diligently with the neighborhood, neighbors, and the KWA to produce a top-rate product. I look forward to seeing them go up and can assist anyone interested in purchasing one.

“Growing Pains” written by Cherise Bell

With the SA2020 initiative, the City has set a goal to add 7,500 new residential units downtown. Already built are Cevallos Lofts and 1010 S. Flores. Currently under construction are the Elan Riverwalk apartments and the Big Tex apartments, both which have 350 units. In the planning stages are a 150 unit complex on “the slab” next to La Tuna Restaurant and a project on Cedar Street with 12 units and 5 units.

The Cedar Street Townhouse are being developed by Steve Yndo, with Jim Bailey of Alamo Architects. In order to accomplish this project, the Children’s Shelter would be demolished. After presenting their plan to the KWA Board several times, the number of units was reduced and the configuration of the site plan was rearranged to reduce the visual impact on adjoining neighbors. The KWA Board approved the concept and zoning changes at its June 18 meeting. Currently, the zoning for one of the two lots is MF-33 (multi-family with maximum of 33 units); the other lot is zoned RM4, so no zoning change is required to accommodate the proposed 5 unit structure. Yndo will be changing the zoning of 133 Cedar to IDZ – with residential uses, specifically tied to the site plan. Zoning for 311 Pereida will go from MF-33 to RM-4 (single-family dwelling.) Yndo, KWA and SAISD are working together to try and move the Solon Stewart House from 114 Cedar to 311 Pereida. The KWA Board, using the KWA charter and mission as guidelines, approved the change in the use of the Children’s Shelter property (from commercial to residential) and putting a single-family house on the vacant lot at 311 Pereida.

SoJo Crossing Townhomes coming to Pearl area

With almost all of the East Quincy Townhomes under contract the demand for more for-sale inventory heats up in Midtown. Steve Yndo will be building more inventory with his new project, SoJo Crossing Townhomes. I’d be happy to assist anyone interested in purchasing one.

More for-sale product near Pearl

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SOJO Crossing

In an effort to infuse the River North area with for-sale product, a relatively new developer soon will break ground on SoJo Crossing, 27 three-story townhomes in the area across the San Antonio River from the Pearl.

Located on the southeast corner of Myrtle Street and East Euclid Avenue, the townhomes are being developed by SoJo Urban Development, a group that includes prominent developer Steve Yndo.

“We need for-sale housing in the area, so our hope is that the area between the river and St. Mary’s Street is more of a for-sale market,” Yndo said.

The area could be quieter than the bustling stretch of apartments along Broadway, but with just as much access to the Museum Reach stretch of the river, Yndo said. Units start at $400,000 and range from 1,600 square feet to nearly 2,200 square feet.

Designed by Alamo Architects, the $14 million SoJo Crossing is expected to break ground in March and be completed in spring 2016. The group’s first project was the nearby 25-unit East Quincy Townhomes by the River, which is scheduled for completion early next year. It is 92 percent sold.

Link to the article is here.