Downtown living (San Antonio, Austin, Terrell: condos, hotel, house)

[adtobias]

Are they ever going to build high-rise condos downtown san antonio that is less than 200,000 like austin, dallas, houston.

[TXRose]

If the market dictates that downtown housing can go for less than $200K, then I'm sure that something will be built. Obviously the market demands higher prices than $200K for downtown housing.

I wouldn't hold my breath.

[winst0n]

it caters more for the investors, rather than locals... isn't that bad?

[mjr7025]

I drove by Downtown yesterday and saw the new highrise they're building that goes for 300k!! I wouldn't hold my breath either.

[googie2525]

Originally Posted by winst0n

it caters more for the investors, rather than locals... isn't that bad?

Sure is, AND it really caters primarily to an older crowd as well (like retirement age) who can actually afford the 400K+ condos being thrown up all over downtown these days, now I've nothing against older folks, it's just that in order to cultivate an exciting downtown like, say, Austin, New York, Seattle, etc., (i.e. a more sophisticated/artsy/metropolitan vibe) that will support live theatre, galleries, cool eateries (versus franchised crud like Rainforest Cafe, etc.), hip clothing boutiques, yada yada yada, we NEED affordable downtown housing to lure in the younger folks.

Now, on the upside, I've heard that several big developers are working on building affordable condos/semi high-rises in the King William area based on the success of several decently-priced developments that were recently completed (the names escape me), makes sense in that area, and it's close to downtown...but yeah, it's still frustrating as hell that everything in central downtown is so sky high.

I considered buying in downtown a while back, but honestly, downtown is pretty dull IMO at this point, 90% tourists, no grocery stores, so-so dining - downtown has a LONG way to go before it's appealing to most locals (as I've noticed that many of the new downtowners are not from Texas, and have pads downtown as second homes/vacation getaways)...anyway, I ended up getting a MUCH better deal on a house in the Terrell Hills area (of all places!), for less than an 800 square foot "hotel room" at La Cascada would cost, plus a huge yard and 3000 square feet.

So yeah, in summation: we need affordable housing/development in downtown San Antonio.

[FastFerrari]

who knows...but youll have some more choices once the build the Vidorra...that located across 281/37 on Center St. Another site to consider will be Vistanna more to the "working class" prices starting at $600...maybe for a 1 bed 500 to 600 sqft...dont quote me but thats the rumor. These have yet to be built but if ur interested they are going to be new and interesting