Oxbow Development Group is moving forward with plans to build a 9-story mixed-use structure, which would include 250-275 market-rate apartments in San Antonio. It would be the fifth apartment development by Oxbow in the region.

Currently, a 34,500-square-foot industrial building (see picture) sits on the property on the Museum Reach stretch of the San Antonio River. Oxbow Development received approval to rezone the 2.2-acre property from industrial to one that permits apartments and commercial.

The ground floor will be a mixture of office and retail, “We want to do some commercial retail that the neighborhood has been asking for and make this area feel a little more like a neighborhood,” said Oxbow’s Omar Gonzalez. Besides the apartments, plans call for 30,000 sq ft of commercial space.

Gonzalez said the building will also include a rooftop bar with “amazing views over the river.” Construction is expected to start in the first or second quarter of 2024, and take 2½ years to build, putting completion date in late 2026.