June 21, 2013
today announced groundbreaking on CityVista, a high-end, 141-unit, Class "A" community on one of the last available pieces of commercial real estate in the highly desirable 281/Hildebrand area – adjacent to
and the University of Incarnate Word. The site is on one of the highest elevations in the city at 647 Hildebrand and will offer spectacular views of downtown
and luxury amenities.
"CityVista will be a jewel box development," said
, President and CEO. "It will include a luxury clubhouse, recreation and fitness facilities, and multiple courtyard areas including a really spectacular rooftop area featuring an amazing view of the city. The flats will have all the amenities of a high-end condominium complex without the commitment involved in purchasing a home. We see a market for this as
is attracting more young professionals who want to live in the city where they work and play but don't necessarily want to make a home purchasing decision yet."
A five-story building designed to blend with its environment, CityVista will have a brick and stucco exterior and direct-access first floor parking.
Other amenities include an Internet cafe with a coffee bar, a resort-style swimming pool, stainless steel appliances, granite counter tops, gourmet island kitchens, nine-foot ceilings, crown molding, and oversized walk-in closets.
One, two and three-bedroom units will be available ranging from 656 square feet to 1,600 square feet.
"This is a one-of-a-kind development on arguable the greatest undeveloped site in
," said Koontz. "The views and location are spectacular."
Rents will range from
$1,240 to $3,000
per month. Groundbreaking is scheduled for July with the completion date
Wallace Garcia Wilson
, Texas, is doing the design work.
, headquartered in
, is a multi-faceted commercial real estate company with active disciplines in development, construction, leasing and property management. This unique combination of services provides our clients a single, seamless point of contact for all their commercial real estate needs.
has been involved in the development and/or acquisition of over 7,000,000 square feet of commercial property.
is active in the