Pearl owner buys more land across San Antonio River for further housing, parking

The owner of Pearl in San Antonio continues to expand its holdings across the San Antonio River from the redeveloped brewery.

in 2019, but it put the land up for sale this spring. Oxbow plans to keep the mix of uses, but the housing may be “workforce” units, with rents lower than those for the luxury apartments at Pearl, which are among the most expensive in the city.

“We want to do something that’s less expensive than what we’ve done before,” Shown said. “We think that’s important for the diversity of the neighborhood.” It plans to build a 151-room hotel at 1210 E. Elmira St. with about 13,500 square feet of space for meetings and other events that will be less expensive than Hotel Emma.Oxbow executives have discussed building condominiums, potentially at a long, thin property between the river and Elmira Street that Shown said they are still deciding what to do with and will develop last.

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