Koontz McCombs Announces High-end, Class A "Flats" In San Antonio
SAN ANTONIO, June 21, 2013 /PRNewswire/ -- Koontz McCombs 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 Trinity University 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 San Antonio and luxury amenities.
"CityVista will be a jewel box development," said Bart Koontz, 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 San Antonio 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 Bexar County," 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 December 2014. Wallace Garcia Wilson Architects of Houston, Texas, is doing the design work. Koontz McCombs, headquartered in San Antonio, 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. Koontz McCombs has been involved in the development and/or acquisition of over 7,000,000 square feet of commercial property. Koontz McCombs is active in the Texas market, specifically San Antonio, Austin and Houston. SOURCE Koontz McCombs
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