What We Know About Friedrich Lofts

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