Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Texas  + Industrial  | 

More Trouble on Tap for Lone Star Brewery

The abandoned Lone Star Brewery on San Antonio’s south side, is in trouble once again. The 35-acre property at 600 Lone Star Blvd. has undergone at least four failed revitalization plans and was, at the 11th hour, yanked from a public auction. Now, the Edwards Aquifer Authority (EAA) filed a formal notice, demanding that the owner plug three deteriorated water wells on the property. The concern is over potential contamination.

The wells on the property once supplied water to the brewery. Under EAA rules, abandoned wells need to be plugged, to avoid pollution from migrating from the surface to the aquifer.

Parkview Capital Credit took over ownership of the property from Aqualand Development, which had, in turn, planned a $300 million effort to turn the vacant brewery into a mixed-use development.


Get CRE News in 150 words

For comments, questions or concerns, please contact Texas Commercial Real Estate Editor Amy Sorter

Connect

Inside The Story

Read More at San Antonio Express-News

About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.

Step 1: Select Education
New call-to-action
LeeAssociates-27-cube