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San Antonio: 217-Room River Walk Hotel Tower Planned for Downtown

Feature Illustration (above): Concept rendering of the Dream San Antonio, a mixed-use hotel/condo/office/retail development. Courtesy: Dream Hotel Group.

Posted: 1-29-2020

by Adolfo Pesquera

San Antonio (Bexar County) — A New York-based hotel brand and management company is planning to have a 217-room hotel tower constructed in downtown San Antonio by 2023, according to an industry publication report.

Hospitalitynet reported on Monday that Dream Hotel Group had announced its intention to put a hotel on the River Walk. It will feature multiple dining and nightlife venues, including a rooftop pool deck, bar and lounge, two restaurants flanking the street level, state-of-the-art fitness facilities, and 10,000 square feet of flexible meeting space that will overlook the San Antonio River.

Concept renderings are being prepared by CUBE3 Architects, a Massachusetts design firm. Those renderings that have been released indicate the tower will be approximately 21 stories up from street level. An exact location was not given, but if the renderings are accurate, it will be located at the northeast corner of East Martin Street and Soledad Street, and it will occupy the three lots that fill the space between Martin and Convent Street.

The Beck properties by the River Walk between Martin and Convent have been targeted for a proposed hotel tower. Image: Google Streets.

The block has been occupied for many years by two commercial brick buildings–a one-story structure at 107 Martin St. built in 1940 and a two-story structure at 450 Soledad St. that was built in 1946. The buildings have been home to various bars and cafes over the years. Between them is a narrow surface parking lot.

Owing to their age, location, character and candidacy for demolition, the Office of Historic Preservation will assess their architectural significance prior to the review by the Historic and Design Review Commission.

Edmund Beck, a prominent local real estate investor, owns all three lots. Beck owns the land at 101 Lexington Ave., the same site where The Thompson Hotel–a 21-story, $90 million hotel-condo–is being constructed under a lease contract. To date, there’s been no real estate records on the proposed Dream San Antonio site filed with the county clerk.

The announcement made mention of the fact that the land is in an Opportunity Zone, suggesting this federal tax incentive increases the financial viability of the project for stakeholders.

Google Map highlighting possible site for a new hotel tower.

Dream San Antonio, a boutique hotel concept, “will be the centerpiece of a large mixed use development that includes office space and private residences, transforming a full city block into a communal gathering place for hotel guests and locals alike,” the developer stated in its announcement.

Also, as everyone has come to expect of any development with River Walk frontage, it appears there will be some sort of retail/restaurant component at river level.

Dream Hotels has 16 hotels in operation and plans for at least four more in the next few years. In 2021, the company plans to open hotels in Doha, Qatar; Palm Springs, California; and Valle de Guadalupe in Baja California, Mexico.

In 2022, new Dream hotels will debut in Atlanta and Memphis, and overseas in Belize.


adolfo@virtualbx.com

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Construction Preview
By |2020-01-29T16:05:20-06:00January 29th, 2020|Construction Preview, Feature Story|

About the Author:

Adolfo Pesquera (Reporter/Editor) is a veteran news journalist. He has worked for Hearst Corp., American Lawyer Media, News Corp and Freedom Communications. His work has been published in newspapers and magazines across the USA. He is a journalism graduate of UT-RGV. He writes, edits and creates digital pages for VBX.

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