San Antonio, Texas, December 1, 2025
San Antonio, Texas, is set to launch the construction of a new apartment complex, the 811 Park Lofts, an investment of $6.5 million. Located near the Pearl District, this development promises luxury amenities and vibrant living spaces. Developers ION Homes and Resort, led by CEO Idowu Ntoka, aim to infuse African-inspired aesthetics into the design. Construction is projected to start in February 2026, with a grand opening tentatively scheduled for early 2027, amid the city’s efforts to address growing housing demands.
San Antonio Announces $6.5 Million Apartment Complex Near Pearl District
San Antonio, Texas – A new $6.5 million apartment complex, named 811 Park Lofts, is set to begin construction in downtown San Antonio, close to the Pearl District. The development aims to provide luxury-style amenities and vibrant living spaces in a high-demand area.
Project Details
The 811 Park Lofts will be located at 811 Park Avenue, less than one mile from the Pearl District. The complex is designed to showcase a blend of African-inspired aesthetics with San Antonio’s heritage, featuring an open rooftop with vacation-style seating, a large gym, a work-from-home space, and on-site community officers. Construction is scheduled to start in February 2026, with a grand opening tentatively set for early 2027.
Developer Information
The project is being developed by Idowu Ntoka, CEO and Founder of ION Homes and Resort, a company with holdings in the United Kingdom and Nigeria. ION Homes and Resort aims to become a leader in the investment, development, and management of multifamily and student housing communities across borders.
Context and Background
San Antonio has seen significant growth in residential developments in recent years. Notable projects include the 32-story 300 Main high-rise, which opened in 2024, and the $65 million Palladium Crestway affordable housing project, which broke ground in 2023. These developments reflect the city’s ongoing efforts to meet the housing needs of its growing population.
Key Features of the 811 Park Lofts Project
| Feature | Description |
|---|---|
| Location | 811 Park Avenue, near the Pearl District, San Antonio, Texas |
| Investment | $6.5 million |
| Developer | Idowu Ntoka, CEO and Founder of ION Homes and Resort |
| Construction Start | February 2026 |
| Grand Opening | Early 2027 (tentative) |
| Amenities | Open rooftop with vacation-style seating, large gym, work-from-home space, on-site community officers |
| Design Aesthetic | Blend of African-inspired aesthetics with San Antonio’s heritage |
Frequently Asked Questions (FAQ)
What is the 811 Park Lofts project?
The 811 Park Lofts is a $6.5 million apartment complex set to begin construction in downtown San Antonio, near the Pearl District. It aims to provide luxury-style amenities and vibrant living spaces in a high-demand area.
Where will the 811 Park Lofts be located?
The complex will be located at 811 Park Avenue, less than one mile from the Pearl District in San Antonio, Texas.
Who is developing the 811 Park Lofts?
The project is being developed by Idowu Ntoka, CEO and Founder of ION Homes and Resort, a company with holdings in the United Kingdom and Nigeria.
When is construction expected to begin and complete?
Construction is scheduled to start in February 2026, with a grand opening tentatively set for early 2027.
What amenities will the 811 Park Lofts offer?
The complex will feature an open rooftop with vacation-style seating, a large gym, a work-from-home space, and on-site community officers.
What is the significance of the 811 Park Lofts project?
The development reflects San Antonio’s ongoing efforts to meet the housing needs of its growing population, contributing to the city’s dynamic residential landscape.
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