About 500 apartments would be built at the properties across from the former Lone Star...
Off the Mission Reach section of the River Walk in Southtown, near trendy apartments, breweries and restaurants, an industrial area may be on the verge of morphing into a similar blend of fashionable uses — though a 32-acre albatross threatens to impede its potential.
“The project will redevelop an existing, active trash and recycling facility, which will help revitalize the corridor and catalyze future development,” OHT said in a design application to the city last year.Bakke Development Corp. has converted a warehouse at 207 Roosevelt Ave., near the river’s east bank, into its offices.
The sites are close to the Blue Star Arts Complex — also developed by Lifshutz — and apartments that have arisen within the past decade or so, including Southtown Flats, the Flats at Big Tex, Steel House Lofts and Trove Southtown, formerly known as Cevallos Lofts. All were built with public incentives.
“We are very excited about new development as it is moving farther and farther south,” said Jeff Hunt, president of the Roosevelt Park Neighborhood Association. “It would be good if we could get it to cross over Highway 90.” But GrayStreet and Midway put it back on the market last year, casting uncertainty over what will come of their plan. Midway said it and its partners are “exploring the opportunity to sell all or part” of the site.
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