The Arts Residences at the Thompson San Antonio Hotel
By: Lynn Darden
DC Partners and Universal Service Group have named Jordan Foster Construction as the general contractor for The Arts Residences at the Thompson San Antonio Hotel. The hotel, a $116 million, 20-level mixed-use hotel-condominium tower on the San Antonio River Walk, is set to bring luxury living accommodations to the downtown area. “We are delighted to welcome Jordan Foster Construction to the outstanding team that will make The Arts Residences at the Thompson San Antonio Hotel a reality,” said DC Partners CEO Roberto Contreras. “Jordan Foster has the background, expertise and reputation for excellence this exceptional project demands.”
With the development of The Arts Residences, developer DC Partners is entering the San Antonio market for the first time. Teaming up with San Antonio-based Universal Service Group, the matchless development will create approximately 1,300 jobs during construction and is slated to break ground this summer. “This project will help increase activity in the downtown area and will be a tremendous asset for the city,” said San Antonio Mayor Ron Nirenberg.
Located at the epicenter of San Antonio’s vibrant performing arts district, the 337,000+ square-foot mixed-use development will sit on what is now a .66-acre parking lot at the intersection of North St. Mary’s Street and Lexington Avenue, across the river from the Tobin Center for the Performing Arts and next to Hotel Indigo. The development will include The Arts Residences’ 66 luxury condominiums atop San Antonio’s first Thompson Hotel, a collection of design-forward, boutique lifestyle hotels and resorts in locations such as Manhattan, Chicago, Nashville, Seattle, Playa del Carmen and Los Cabos. Three new Thompson hotels – The Beekman New York City, The Thompson Nashville and The Thompson Seattle – were included on the Conde Nast Traveler “Hot List 2017: The Best New Hotels in the World.” The Beekman also took home the award for “Best Lifestyle Hotel” at Hospitality Design magazine’s 13th Annual HD Awards in New York City on June 12.
With architecture by Powers Brown and interior design by Amass & G., The Arts Residences will boast dazzling views of downtown, the River Walk and the Texas Hill Country. Condominiums will feature soaring 10-foot ceilings, European-style kitchen appliances, Italian cabinetry in kitchens and baths, natural stone and porcelain surfaces, and fine hardwood floors, among other high-end options. Owners will enjoy round-the-clock security and an array of onsite amenities, including a restaurant with a world-class chef and sky bar; a 5,000 square-foot pool deck with cabanas and pool bar; a lavish, relaxing spa; a state-of-the-art fitness center; and 24-hour room service and concierge service.
The Arts Residences owners and guests will be steps away from the Tobin Center for the Performing Arts and the world-famous San Antonio River Walk, with its picturesque network of walkways in the heart of the city, lined with unique shops, restaurants, bars, and music and entertainment venues.
San Antonio has long been known for its storied history and rich blend of cultures, but in recent years an infusion of energy around technology, real estate development, entrepreneurship and creative enterprise has fueled the city’s growth. Companies moving to San Antonio are attracted to the river for corporate headquarters, and housing occupancy rates are more than 90 percent, driving up demand for downtown residences, especially among millennials. Today, San Antonio is among the top 10 tourist destinations in the United States and one of the fastest-growing economies in the nation.
San Antonio’s cultural arts district is about to become the most coveted residential address in the downtown center.