{"id":374113,"date":"2026-07-15T15:15:11","date_gmt":"2026-07-15T15:15:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/374113\/"},"modified":"2026-07-15T15:15:11","modified_gmt":"2026-07-15T15:15:11","slug":"developer-plans-large-apartment-complex-near-hemisfair-arena","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/374113\/","title":{"rendered":"Developer plans large apartment complex near Hemisfair, arena"},"content":{"rendered":"

An apartment complex that has been in the works for nearly a decade is slated to rise\u00a0one block west of Hemisfair, where San Antonio officials plan to build a sports and entertainment district anchored by a Spurs arena.<\/p>\n

Durango Owner LLC wants to\u00a0replace a parking lot at 427 S. Presa St. with a 17-story building with 95 dwelling units and commercial space, according to state and city filings.\u00a0Construction on the $40 million project, which would also include a four-story parking garage, is expected to begin Jan. 1 and wrap up in late 2028.<\/p>\n

The size of the planned complex, dubbed the\u00a0Durango Apartments, has changed since 2017<\/a>, when the company proposed an 11-story building with 70 apartments, two townhomes, three live-work spaces and retail. Durango Owner LLC is affiliated with developer Timothy Proctor of\u00a0Wimberley, state corporate filings indicate, and a different company linked to Proctor bought the Presa property in 2018.<\/p>\n

In a letter to city officials in 2017, Proctor said he is a Trinity University graduate who has worked on a variety of commercial developments primarily in the\u00a0Northeast. Laney Development Group LLC, another Proctor company, was set to receive about $3 million worth of subsidies from the city for the project under a program aimed at increasing residential construction downtown. The status of those benefits wasn\u2019t immediately clear Tuesday.<\/p>\n

Proctor and an architect working on the project did not immediately respond to inquiries.<\/p>\n

The Durango Apartments would be built in an area that\u2019s expected to see a wave of investment.<\/p>\n

The Spurs organization plans to partner with companies to build as much as $1.4 billion worth of restaurants, bars, shops, housing and a hotel\u00a0around the arena. City officials\u2019 proposed district, also known as Project Marvel, would include expanding the Convention Center, renovating the Alamodome and turning a former courthouse into an event venue.\u00a0<\/p>\n

The Monarch San Antonio, a luxury hotel with 200 rooms, opened at\u00a0Hemisfair in March.<\/p>\n

Oxbow Development Group, the firm behind Pearl, is building apartments, retail space and parking across East\u00a0C\u00e9sar E. Ch\u00e1vez Boulevard from Hemisfair.\u00a0<\/p>\n

The Durango Apartments would be adjacent to a pair of hotels: the Plaza San Antonio Hotel & Spa, a former Four Seasons that reopened in 2024 after renovations, and the Kimpton Santo San Antonio-Riverwalk, which also opened in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"An apartment complex that has been in the works for nearly a decade is slated to rise\u00a0one block…\n","protected":false},"author":2,"featured_media":374114,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[82,84,83],"class_list":["post-374113","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-antonio","tag-san-antonio","tag-san-antonio-headlines","tag-san-antonio-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/374113","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=374113"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/374113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/374114"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=374113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=374113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=374113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}