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The Peanut Factory Lofts

Peanut Factory LoftsI got a chance to tour the recently redeveloped Peanut Factory Lofts located just west of downtown with the Urban Land Institute (ULI). This is the first major redevelopment on the west side since our “decade of downtown” has begun.  I can’t even recall when we have had a project of this magnitude on this part of town. The construction is still ongoing but there are already a few tenants in place.

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Graffiti Art
This 102 unit complex varies in prices but the average rental is going for $1.60-$1.80 with a contemporary finish out. One of the units I saw was a 2 story with 2 bedrooms, 2 baths and a 2 car garage for $2400.  My favorite part of the tour was walking up the flights of stars in the still ongoing renovation of the century-old peanut processing plant.

 

The Processing Plant
The Processing Plant

The units in the silos are going to be really unique with circular floor plan. I really liked the graffiti and most of the tour group was asking if it was going to preserved as sort of artwork in these units.  Our tour guide said it would probably depend on the tenant’s wishes.

Up at the top of the processing plant lies the Penthouse at just over 3000 sq ft with a price tag of approximately $4659

Beautiful San Antonio
Beautiful San Antonio

per month.It’s going to be an awesome space complete with an outdoor kitchen and panoramic views. Our beautiful city’s skyline is awesome!

Lounging Poolside
Lounging Poolside

Amenities for the complex include a pool, 2 bark parks, fitness center, controlled access gates and a courtyard with grill area. Crossing busy S. Frio may affect the Peanut Factory’s walkability but it is a short car ride away. It was mentioned that students would be getting a 5% discount off market rents. UTSA’s downtown campus is a few blocks away.

 

Fiesta Medal
Fiesta Medal

 

Kudos Peanut Factory Lofts for the 2015 Fiesta Medal.

Downtownish Map

King William Historic District Market Update-March 2015

Pioneer Bakery
Pioneer Bakery

Wow, the King William Historic District homes for sale market is really heating up! Like most of San Antonio, King William’s inventory is low.  The average list price is $443,625 with the average sales price being $538,000.  Last March, the average sales price was $287,500.   These figures are based off only a handful of properties. With all the recent attention on our city’s urban core, we are seeing buyers and investors are really take note of this neighborhood.

Contact Sara Gerrish for more info. 210.639.8151

Data from San Antonio Board of REALTORS®