Sources: Credit Human Offered Incentives to Move Downtown

Credit Human, a local credit union, currently has its headquarters on San Antonio’s northwest side. However, according to local sources, the city of San Antonio and Bexar County are offering the company $8.8 million in tax and other incentives to relocate its headquarters to an as-yet unbuilt 310,000-square-foot project at 1803 Broadway, in the Pearl District. Silver Ventures, which developed the Pearl, will be developing the office-and-retail component.

As part of the deal, the company would retain 435 jobs and create another 50. The San Antonio City Council could take a look at the proposal as early as Sept. 21, 2017. The company, known as San Antonio Federal Credit Union until early 2017, has been looking for new headquarters space to accommodate growth and to consolidate employees.

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