former Rackspace headquarters<\/a>. <\/p>\nThe tech company upped and left back in 2022, leaving behind a large office space at a time when many companies were cutting back on traditional office needs following the COVID-19 pandemic. <\/p>\n
Windcrest Mayor Daniel Reese said Rackspace\u2019s departure also cost the city more than $1 million in sales tax revenue each year, money that helped fund road repairs and quality-of-life improvements.<\/p>\n
Within a year of Rackspace leaving, Ohio-based company Industrial Commercial Properties LLC bought the building and began converting it into a business park. <\/p>\n
Crews are removing much of the second level to create a more flexible space for future tenants.<\/p>\n
Mario Hernandez, executive director of the Windcrest Economic Development Corp., said the city is already speaking with several possible tenants, including a technology company and a trade school. <\/p>\n
\u201cMany different kinds of businesses,\u201d Hernandez said. \u201cWe\u2019ve got a trade school that\u2019s also considering the site, and a number of other leads that we\u2019re working on.\u201d<\/p>\n
Hernandez said the site can accommodate up to 18 businesses, depending on how much space each company needs. He said a business could move in within as little as 60 days. <\/p>\n
To make the property more attractive, Hernandez said operating costs have been cut in half, calling that a \u201cbig advantage\u201d for companies considering the site.<\/p>\n
City leaders hope the business park will bring new opportunities to Windcrest. Hernandez said the project is projected to create 1,200 high-level jobs within the first seven years, though that depends on which companies move in and when. <\/p>\n
Some longtime residents are watching cautiously. Rey Valdez, who has lived in Windcrest for 50 years, said he remembers seeing Rackspace employees supporting nearby businesses during lunch hours. <\/p>\n
However, Valdez said it is too early to know what impact the new business park will have. <\/p>\n
\u201cWe\u2019ll see,\u201d Valdez said. \u201cIt depends if and when they get that place full. Cause that\u2019s a big area.\u201d<\/p>\n
Read also:<\/p>\n
Copyright 2026 by KSAT – All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"WINDCREST, Texas \u2013 The Windcrest International Business Park is now ready for new tenants. People may remember that…\n","protected":false},"author":2,"featured_media":343611,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[122589,634,49062,82,84,83,16684],"class_list":["post-343610","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-antonio","tag-daniel-reese","tag-northeast-side","tag-rackspace","tag-san-antonio","tag-san-antonio-headlines","tag-san-antonio-news","tag-windcrest"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/343610","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=343610"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/343610\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/343611"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=343610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=343610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=343610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}