25-Acre Purchase Paves Way for 500,000SF Office Project in San Antonio
- Apr 04, 2008
Brass Funds has just acquired 25 acres of land off I-10 in San Antonio to accommodate the development of a new office project that will encompass 400,000 to 500,000 square feet. Laredo Westover Hills was the seller.Brass Funds has already taken another big step toward getting its project underway, having secured the rezoning of one acre of the property from residential to multi-family, thereby allowing for the development of office space. Specific details of the project have not yet been ironed out; however, in addition to office space, the tentative plan calls for several outdoor conference rooms.Magi Real Estate and Magi Construction, both founded by Brass Funds CEO Rick Rodriquez, will handle project marketing and project construction, respectively. With the land in its possession, Brass Funds will now proceed with the demolition of two of the three houses on the site, leaving one residence to serve as a temporary construction office.