SAN ANTONIO \u2013 The Brooks Development Authority is taking control of 243 acres on San Antonio\u2019s South Side with plans to make the property shovel-ready for large employers as part of an initiative called Project Oso.<\/p>\n
The project is a partnership involving Brooks, Bexar County and the San Antonio River Authority. No major tenant has been announced yet, but Brooks says the property is being prepared so it can compete when that opportunity comes.<\/p>\n
Leo Gomez, CEO of Brooks, said the site could support significant job growth. <\/p>\n
\u201cEasily another 2,000-3,000 people working for an employer on that piece of property if not more,\u201d he said.<\/p>\n
The site sits about 1.7 miles south of the Brooks campus. Gomez pointed to what has already happened at the former air force base as evidence of what is possible on the South Side.<\/p>\n
\u201cThe South Side is on fire. It\u2019s hot. We have major employers who have selected the South Side for many good reasons,\u201d Gomez said.<\/p>\n
Brooks also recently announced a $200 million advanced manufacturing project expected to create up to 3,000 jobs. Gomez said the authority plans to use the same financial model at the new site that it uses on the Brooks campus. <\/p>\n
\u201cWe operate on lease revenue and sales revenue. That\u2019s the model we\u2019ve used on the Brooks campus and that\u2019s the same model we\u2019ll use here,\u201d he said.<\/p>\n
Joe Lutton, who lives near the Project Oso site, said he welcomes the growth but has concerns about the area\u2019s roads. <\/p>\n
\u201cI\u2019d be really concerned about the streets and roads. It\u2019s real small and it\u2019s dangerous right now. They\u2019d have to do some work on the roadway over here. Other than that, jobs are jobs and you need those,\u201d Lutton said.<\/p>\n
Lutton said he moved back to the South Side a couple of years ago after living in other parts of the country and was struck by how much the area had already changed. <\/p>\n
\u201cI was shocked when I moved back at how much it\u2019s grown here. Brooks, all that area, all the retail and everything they grew there. All the subdivisions they\u2019re adding here. I see where the growth is coming,\u201d he said.<\/p>\n
Brooks says it will take 3-5 years until the site is \u201cshovel-ready\u201d for an employer to build on. <\/p>\n
Read also:<\/p>\n
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