San Antonio Apartments Slated for High-Income Renters

Daniel Corp. has commenced construction on a seven-building, 350-unit apartment complex at Loop 1604 and Bulverde Road. The project is being targeted to high-income renters.

While construction and land costs were not disclosed, the San Antonio Business Journal reports Daniel took out a $48.29 million loan from Fifth Third Bank as part of the deal.

Studio, one-, two- and three-bedroom units are planned. Of the 350 units, 24 will be offered in carriage house buildings with private garages. Other complex amenities include a triple-tiered pool, coworking space, a “grab-and-go” market and a pet park with an adjacent pet spa. The first units are expected to be delivered in early 2025. DFW-based Rampart is the general contractor.