2012 state of downtown luncheon

Special thanks to our generous sponsors:

Special thanks to our venue sponsor:

#sodtsa

San Antonio

Convention & Visitors Bureau

Casandra Matej, Executive Director

November 19

Economic Impact

• 28 million visitors

• $12 billion economic impact

• 112,531 employed

• $162M+ taxes & fees to the City

• $300M+ taxes to local governments

Competitive Landscape

• Competitive set continues to invest in

their product

• Austin, Dallas, and Houston are all

making major improvements with their

group meetings and leisure product

• Convention Center expansion impact

Convention Center Expansion

• Increases total prime contiguous exhibit space from

426,600 sq. ft. to at least 500,000 sq. ft.

• New Exhibit Ballroom – column free – 80,000 – 90,000 sq. ft.

• New Grand Ballroom – largest in TX at over 50,000 sq, ft,

• Flexible Meeting and Ballroom Space

• Consistent quality throughout convention center

• Improve competitive position nationally

Convention Center Expansion

Timeline

Design Start October 2012

Construction Start September 2013

Construction Complete April 2016

West End Demolition Complete July 2016

• Major Upcoming Developments

• Tobin Center for the Performing Arts

• River Walk expansion

• UNESCO Designation for Spanish Missions

Looking Ahead

•More Major Upcoming

Developments

• Broadway Reach

• Hemisfair Park Redevelopment

• 300th Birthday

Looking Ahead

• Based on consumer research

• Generated more than 200,000 new Facebook “Likes”

• Engaged consumers with 4K+ submitted photos

• First DMO to create and implement a completely consumer-generated

campaign

“Remember the…” Campaign

2013 Initiatives

2013 Initiatives

Certified Tourism

Ambassador Program

Integrated Sales

Strategy

2013 Initiatives

Weston Centre

Dennis McDaniel President Austin Fairchild Management Company Steel House Lofts

SA2020 VISION PROCESS

Achieve

greater

balance

Diversify

product

types

Attract

residents,

workers

Improve

living

experience

Dream It

Map It

Do It

http://www.sa2020.org/

Strategic Framework Plan Recommendations

Housing First Strategy

Creating a Vibrant Place

Strategic Framework Plan

Growth and equilibrium

SENSE OF

COMMUNITY TOURISM

Center City

Today

7,000

12,000

SA2020

+5,000

14,500

Recommendation

+7,500

Housing First Strategy: Set 7,500 housing unit growth target

Housing Units by 2020

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

Potential for housing growth

Population Per Square Mile

CBD 2-Mile Radius of Comparable Cities

Current Status of Center City MF Housing

Existing Apartments 3,343 Units Existing Condos 596 Units Apartments Under Construction 406 Units Apartments Proposed 856 Units Condos Proposed 42 Units

New Units Since SA2020 Vision Announced

Existing 1,080

Proposed 448

TOTAL 1,528

1221 Broadway

Scope Total Investment: $46,275,914 Total Units: 309 Market Rate Apts. Rent Per Square Foot: $1.40 Public Improvements: $2,000,000

Schedule 270 Units opened in August 2011 100% Occupied 39 units under construction

Contact Developer: AREA Real Estate, LLC Contact: David Adelman, Principal 210.417.4314

Cevallos Lofts

Scope Total Investment: $39,000,000 Total Units: 252 Mixed Income Apartments Rent Per Square Foot: $1.25

Schedule Project opened in January 2012 98% Occupied

Contact Developer: The NRP Group Contact: Dan Markson, Senior Vice President 210.487.7878

Can Plant Residences at Pearl – 503 Avenue A

Scope Total Investment: $40,070,590 Total Units: 293 Market Rate Apts. Rent Per Square Foot: $1.65 Public Improvements: $624,078

Schedule Phase I opened July 2012 Phase II & III open late Fall 2012

Contact Developer: Rio Perla Properties Contact: Elizabeth Fauerso, CMO 210.269.6027

1800 Broadway


Schedule Project will open December 2012

Contact Developer: Criterion Broadway Contact: Pretlow Riddick, President 214.393.4107

The Mosaic – 1915 Broadway Scope Total Investment: $21,994,633 Total Units: 120 Mixed Income Apts. 108 Market Rate Apts. 12 Affordable Apts. Rent Per Square Foot: $1.60 12,000 sq. ft. of ground floor retail space Public Improvements: $340,000

Schedule Project will open March 2013

Contact Developer: Broadway Developments Contact: George Mauze, President 210.444.1915

1010 S. Flores

Scope Total Investment: $7,453,204 Total Units: 56 Market Rate Apt. Rent Per Square Foot: $1.40 Public Improvements: $358,325

Schedule Project will open in Spring 2013

Contact Developer: Landbridge Partners Contact: Sunshine Thacker, Partner 210.912.7725

Blue Star Phase II – 500 Block of Blue Star

Scope Total Investment: $42,705,845 Total Units: 320 Rent Per Square Foot: $1.50 Public Improvements: $2,200,000

Schedule Project will open in Fall 2014

Contact Developer: The NRP Group Contact: Dan Markson, Senior Vice President 210.487.7878

River North Multi-Family – Ave. E & 13th


Schedule Project will open Spring 2015

Contact Developer: Hixon Properties Contact: John Beauchamp, Vice President 210.225.3053

Residences at Brackenridge Hill – E. Mulberry at Brackenridge

Scope Total Investment: $32, 727,319 Total Units: 280 Rent Per Square Foot: $1.44 Public Improvements: $783,126

Schedule Project will open Fall 2013

Contact Developer: Embrey Partners Contact: Robert Hunt, Executive Vice President 210.804.5255

1401 S. Flores St. San Antonio

steelhouselofts.com


steelhouselofts.com

Thank You!

Special thanks to our generous sponsors:

Special thanks to our venue sponsor:

downtownsanantonio.org

Thank You!

“Great cities have great

downtowns”

2012 state of downtown luncheon

Business