Feature Photo: Artist rendering of the redevelopment of The Allen. Image: Studio 8 Architects.
Posted: 9-26-2023
San Antonio (Bexar County) — A transformative redevelopment project is in the works in the Alamo City.
The Allen, situated in the Monte Vista Historic District at the corner of Ashby and McCullough Ave., is breathing new life into the former Allen’s Flowers & Antiques building, located less than a mile from the Pearl Brewery. This innovative project, led by Headwall Investments, LLC, aims to create high-end creative office spaces while leveraging various government incentive programs to promote sustainability.
The Allen will pay homage to the rich history of San Antonio and its architectural treasures. This historic preservation effort seeks to restore the former Allen’s Flowers & Antiques building to its former glory, ensuring the preservation of its unique character within the Monte Vista Historic District.
The property’s transformation includes the development of dynamic common areas and high-end creative office spaces, designed to cater to executives and professionals from diverse industries. A significant portion, 25%, will be occupied by the developer, Headwall Investments, LLC.
The project is taking full advantage of various government incentive programs to support sustainable development including federal and state historical rehabilitation tax credits, property assessed clean energy (PACE) financing, the federal solar investment tax credit (ITC) program, and the City of San Antonio historic rehabilitation property tax and permit fee abatements.
The Allen project team consist of Studio8 Architects, Pape-Dawson Engineers, Guido Construction and Big Sun Solar, who have combined their expertise to bring the project to life.
George Wommack, CEO of Headwall Investments, LLC, expressed his vision for The Allen, saying, “Our mission with The Allen goes beyond real estate development. We are not just preserving history; we are creating a dynamic and sustainable future. This project is a testament to our commitment to the community and our dedication to innovation.”
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Edited from news release.
art@virtualbx.com
