What We Know About Friedrich Lofts
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Details
Address
1617 E Commerce St, San Antonio, TX 78205
Units
358
Floor
4
Developer
Provident Realty Advisors
Property Manager
San Antonio Housing Trust
Property Site
providentrealty.net/projects/friedrich-lofts
About
Friedrich Lofts is a 354-unit, four story wrap apartment community located in East San Antonio. The project is part of a City Initiated Tax Increment Reinvestment Zone, and is partnered with the San Antonio Housing Trust as a Public Facilities Corporation providing workforce housing for 50% of residents at 80% of AMI and below. Friedrich will offer studio, one, and two bedroom apartments and will include all the amenities of a Class A urban-infill product. The apartment is also adjacent to a historic preservation site for The Fredrich Building, a future office and retail renovation planned to revitalize the urban core.
Estimated Cost
$92,900,000
Timeline
September 2022 - Construction is expected to begin a year from now, and take roughly two years putting the project’s completion around September 2025