The first Opportunity Zone investment signed in Texas has officially broken ground at Brooks, the 1,308-acre mixed-use redevelopment of the former Brooks Air Force Base in San Antonio. Led by DPR Investments, the 9.4-acre development will include a climate controlled self-storage facility and flex space for small businesses.
“We are excited to get to work on creating these new space and storage options for Southside residents and small business owners,” said DPR owner Jimmy Day. “As the country continues to navigate the economic impacts of the coronavirus, we are following all guidelines to ensure our construction crews are able to work safely.”
DPR estimates the total project cost at $16 million. Boerne-based SBS Construction is serving as the general contractor for the project, which was designed by Dallenbach-Cole Architecture.
Brooks is one of 24 Opportunity Zones in Bexar County, as designated by Texas Gov. Greg Abbott in March 2018.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).