San Antonio, Texas, January 22, 2026
GrayStreet Partners has received preliminary approval from the Historic and Design Review Commission for a mixed-use development on Broadway Street in San Antonio. The project, centered around the historic Pig Stand site, will feature a seven-story midmarket hotel, multifamily housing units, and a food and beverage concept. The development aims to enhance the urban landscape while creating job opportunities and fostering economic growth in the area. The next steps involve seeking final approval from the HDRC before construction can commence.
San Antonio, Texas
GrayStreet Partners Gets Green Light for Broadway Hotel and Apartments
A transformative mixed-use project set to enhance San Antonio’s urban landscape.
San Antonio’s entrepreneurial spirit continues to thrive as GrayStreet Partners has achieved preliminary approval from the Historic and Design Review Commission (HDRC) for a new mixed-use development on Broadway Street. This initiative is poised to reinvigorate the area surrounding the former Pig Stand site, an iconic location that has long been a staple in the San Antonio community, setting the stage for future growth in the Broadway corridor.
The proposed development plans to erect a seven-story midmarket hotel complemented by multifamily housing units and a vibrant food and beverage concept, all aimed at enhancing the urban experience in San Antonio. By capitalizing on the success of nearby developments like the Pearl district, GrayStreet Partners seeks to transform this historic site into a modern urban destination.
A Look at the Development Plan
GrayStreet Partners acquired the renowned Pig Stand building in February 2023, following the closure of the restaurant in March after over a century of service. This transition is not merely a development project but a significant move in the broader narrative of urban revitalization in San Antonio. As the city continues to adapt and grow, such initiatives underscore the potential for both private investment and community engagement in fostering economic growth.
Key Features of the Project
The proposed development embodies a commitment to improving the urban landscape while preserving the historical significance of the Pig Stand, which operated for an impressive 101 years. The community is watching closely as GrayStreet Partners prepares for the next steps:
- Return to the HDRC for final approval before breaking ground.
- Expand options for residents and visitors in an increasingly vibrant urban environment.
- Contribute to local job creation and economic resilience through new hospitality and residential opportunities.
Bridging Community and Opportunity
The redevelopment of such a historically relevant site highlights a resilience in small business and a forward-thinking approach to urban planning. The combination of a hotel and apartment complex not only addresses the need for housing but also enhances the local economy by attracting tourists and providing local jobs.
With preliminary approval in hand, residents and city planners alike are optimistic about the project, which reflects a broader trend in San Antonio towards sustainable economic growth. By reducing regulatory barriers and encouraging projects like these, the city can foster a more robust economy driven by innovation and community involvement.
Conclusion
The ongoing transformation of the Broadway corridor through projects like GrayStreet Partners’ hotel and apartment complex marks a pivotal moment in San Antonio’s evolution as a dynamic urban center. As the city embraces change, it invites opportunity for local businesses to thrive. Residents are encouraged to stay informed about these developments and support local initiatives that contribute to San Antonio’s growth and prosperity.
Frequently Asked Questions (FAQ)
What is the proposed development by GrayStreet Partners on Broadway Street?
GrayStreet Partners has received preliminary approval for a mixed-use development on the former Pig Stand site on Broadway Street. The project includes a seven-story midmarket hotel, multifamily housing units, and a food and beverage concept.
What is the significance of the Pig Stand building in San Antonio?
The Pig Stand was a historic diner that operated for 101 years before closing in March 2023. Its location on Broadway Street is considered iconic, and its redevelopment is seen as a key part of the area’s revitalization.
What is the next step for GrayStreet Partners before construction can begin?
Before construction can commence, GrayStreet Partners must return to the Historic and Design Review Commission for final approval of the project.
Key Features of the Proposed Development
| Feature | Description |
|---|---|
| Location | Former Pig Stand site on Broadway Street, San Antonio, Texas |
| Hotel | Seven-story midmarket hotel with 156 parking spaces and a rooftop pool deck |
| Residential Units | Multifamily housing units |
| Commercial Space | Food and beverage concept |
| Historical Significance | Site of the former Pig Stand diner, a San Antonio landmark that operated for 101 years before closing in March 2023 |
| Approval Status | Preliminary approval received; final review pending |
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