Developer building nearly 300 luxury apartments in north Bexar County – San Antonio Express-News

A San Antonio developer is starting work this month on nearly 300 luxury apartments in northern Bexar County.

Embrey Partners LTD is building the complex, a mix of one-, two- and three-bedroom units, on U.S. 281 just outside Hill Country Village.

We worked closely with officials from Hill Country Village to ensure that our community concept plan would fit the context of the adjacent neighborhood, Jimmy McCloskey, executive vice president for development, said in a statement.

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The firm bought land in the area last month, deed records show. Much of the property is outside the city limits, and Embrey has an agreement with the Hill Country Village requiring it to pay an annual fee of more than $40,000 in lieu of taxes.

Embrey also will apply for permits from the city and follow its landscape ordinance, Mayor Gabriel Durand-Hollis said.

We felt that it was a win-win, he said. They stay in the extraterritorial jurisdiction rather than be subject to our city taxes, but its still a lower fee than if they went into San Antonio.

Rents at the complex, dubbed the Estates at Hill Country Village, will range from $1,200 to $2,500 per month. Embrey declined to disclose the cost of the project.

Residents are expected to begin moving in during the second quarter of 2021 and construction to wrap up in early 2022.

Embrey is known for building upscale apartments in Texas and other states. In San Antonio, the developer has built complexes at the Pearl, near the Rim and on the far West Side.

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The company is working on a mixed-use development with luxury apartments and office space near Alamo Heights thats expected to be finished in fall 2021. Embrey plans to move its headquarters there, taking about half of the office space and leasing out the rest.

The firm also is teaming with Area Real Estate, a San Antonio developer led by David Adelman, to demolish several self-storage buildings near downtown and construct apartments and office, retail and commercial space. The plans also call for removing several billboards that have long been viewed as an eyesore.

Construction is expected to start this spring and take roughly a year, Adelman said in November.

madison.iszler@express-news.net

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Developer building nearly 300 luxury apartments in north Bexar County - San Antonio Express-News