Rebranded Multifamily Will Include High Demand Mixed-Use Element
San Antonio-based Koontz Corporation will break ground in early 2022 on a new 300-unit class-A multifamily apartment community at 12631 Vance Jackson Rd. on the site previously occupied by the Regal Fiesta 16 movie theater. It is expected to be completed sometime in 2024. Currently referred to as “Fiesta Trails Apartment Community”, the developer plans to release the formal name and branding at a later date.
“We are excited to bring a first-class multifamily residential development to this vibrant area of San Antonio,” said Bart Koontz, Koontz Corporation president and CEO. “Its infill location with plenty of nearby grocery, retail and restaurant choices makes it an ideal site. Introducing this residential element will essentially transform it to the kind of mixed-use development that is in high demand today and will have strong appeal for young professionals.”
Koontz Corporation recently purchased the property from Weingarten Realty and successfully petitioned the San Antonio Zoning Commission to rezone the tract to allow for the 300-unit residential development. Koontz Corporation will serve as developer and general contractor in collaboration with Garcia + Associates Architect and Pape-Dawson Engineers Inc.
Situated on 10.36 recently rezoned acres, the project site is adjacent to the high-traffic regional intersection of IH-10 and DeZavala, providing access to major employers including UTSA, South Texas Medical Center and USAA, along with retailers.
The four-story community will offer one- and two-bedroom apartment residences with two swimming pools and a dog park. The development will encompass 267,000 square feet.
Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM.
In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.
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