{"id":200807,"date":"2026-03-12T02:41:10","date_gmt":"2026-03-12T02:41:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/200807\/"},"modified":"2026-03-12T02:41:10","modified_gmt":"2026-03-12T02:41:10","slug":"construction-of-new-east-side-affordable-apartment-community-underway","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/200807\/","title":{"rendered":"Construction of new East Side affordable apartment community underway"},"content":{"rendered":"<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">SAN ANTONIO \u2013 East Commerce is a main thoroughfare from the East Side into downtown San Antonio, and like many other areas of the city, finding housing can be a challenge.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">In the near future, Central at Commerce may be an option for some.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The new affordable, mixed-income apartment community is the work of a partnership between Opportunity Home San Antonio and the Annex Group, an Indiana-based housing developer.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The project has $107 million in funding from multiple sources, including a city bond.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">According to the <a href=\"https:\/\/www.bizjournals.com\/sanantonio\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.bizjournals.com\/sanantonio\">San Antonio Business Journal<\/a>, the housing development will offer more than 270 apartments.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The complex will be a few blocks from the Alamodome and sit near the proposed entertainment district known as Project Marvel.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Siboney Diaz-Sanchez with Opportunity Home said construction work is visible at the intersection of Cherry Street and East Commerce.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Some adopt a negative connotation when they hear the terms affordable housing or mixed-income.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Jachobb Michelle, who visits and shops at St. Paul Square, which is within walking distance of the construction site, said that automatically thinking affordable housing means a bad thing is absurd.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cWhat\u2019s wrong with bringing affordable housing to a place where people are wanted, you know,\u201d Michelle said. \u201cIt\u2019ll (be) good to bring more people into the area, but especially for the business and businesses and all that.\u201d<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Andy Palacios, who co-owns Atlee\u2019s Rally located in St. Paul Square, shares Michelle\u2019s viewpoint.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cTo get more people to live down here, especially if it is affordable like the other apartment complexes, it\u2019s great, and we\u2019re happy to get all types of people down here,\u201d Palacios said.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Palacios said that, being in the hospitality industry himself, affordable housing near hospitality or entertainment districts also allows hospitality professionals a chance to live close to their jobs.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Palacios said that the fact is beneficial threefold for tourists, locals, and businesses alike.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cNot only will they be going around and having a good time if they work, whether it\u2019s at one of the hotels, at the new complex or surrounding areas, they\u2019ll let the guests know where to go, what to see,\u201d Palacios said. \u201cTo have them kind of point like hey, this is a more local spot, which helps us and everyone else around us.\u201d<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Project leaders of Central at Commerce are planning to offer one-, two- and three-bedroom apartments, according to the San Antonio Business Journal. Rent will fall between 30% and 70% of the median income in the area where the complex is located.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Read also:<\/p>\n<p>Copyright 2026 by KSAT &#8211; All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"SAN ANTONIO \u2013 East Commerce is a main thoroughfare from the East Side into downtown San Antonio, and&hellip;\n","protected":false},"author":2,"featured_media":200808,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[1500,1494,96,26235,3083,82,84,83,5656],"class_list":["post-200807","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-antonio","tag-affordable-housing","tag-construction","tag-east-side","tag-opportunity-home-san-antonio","tag-project-marvel","tag-san-antonio","tag-san-antonio-headlines","tag-san-antonio-news","tag-st-paul-square"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/200807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=200807"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/200807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/200808"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=200807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=200807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=200807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}