Koontz Corporation’s New 300-Unit Multi-Family Apartment Community Brings Walkability to San Antonio’s Close-In Northwest Sector
SAN ANTONIO—November 16, 2022. San Antonio-based Koontz Corporation today announced construction is underway on The Savoy Apartments, a new 300-unit Class A multi-family apartment community at 12631 Vance Jackson Road on the site previously occupied by the Regal Fiesta movie theater. “We are excited to be breaking ground on this high-quality multi-family residential development,” said Koontz Corporation President and CEO Bart Koontz. “Due to The Savoy’s ideal location and ample nearby retail and restaurant choices, introducing this residential project essentially makes it the kind of mixed-use development that is in high demand and will have strong appeal for young professionals.”
Situated on 10.36 recently rezoned acres, the four-story Savoy Apartments community will offer 300 luxury one- and two-bedroom apartment residences with a myriad of on-site amenities including two swimming pools, two large courtyards, and a dog park. The development will encompass 267,000 square feet and have a 1.76 parking ratio.
The project site is at a high-traffic regional intersection near UTSA, Fiesta Texas, the South Texas Medical Center and the Fiesta Trails Shopping Center, which serves a flourishing population base and ranks as one of the area’s largest shopping destinations outside regional malls. Its national tenants include Sam’s Club, H-E-B, Walmart Supercenter, Home Depot, Marshalls, Bob Mills Furniture, La-Z-Boy and Petco. Residents will enjoy direct access to IH-10 through Fiesta Trails retail, as well as proximity to Loop 410 and Loop 1604.
Koontz Corporation, which will serve as developer and general contractor, is partnering with Garcia + Associates Architect and Pape-Dawson Engineers Inc. for the development, which is expected to be completed sometime in 2024, with the construction timeline slated for 24 months. The Savoy Apartments community will bring the total number of multi-family projects in Koontz’s portfolio to 22, for a total of 5,732 units comprising 6,005,684 square feet. In addition Koontz Corporation Announces Fiesta Trails, a New Class a Multi-Family Apartment Project in San Antonio Page 2 of 2 to multi-family, the scope of Koontz’s properties includes office, medical office, industrial/flex and retail.
“San Antonio is our home and one of the fastest-growing most exciting cities in the nation, with a flourishing, diverse economy and a rich cultural heritage,” said Koontz. “It is a wonderful place to live and work, and anytime we can enrich our city’s infrastructure by offering high-quality residential spaces, we are proud to do so.”
About Koontz Corporation Headquartered in San Antonio, Koontz Corporation is an award-winning industry leader in the development of commercial and multi-family properties throughout the state of Texas. The company takes great pride in building projects of enduring quality and exceptional value for their clients, investors, buyers, and tenants.