SAN ANTONIO – Opportunity Home and Journeyman Development Group are partnering on the Summit at Crownridge project, which will be built on a hill near the Rim and La Cantera area.<\/p>\n
The $63 million project will include 299 units. About half will be designated as affordable workforce housing.<\/p>\n
\u201cOn this side of town, there were only three units, I believe, that we found that were workforce housing,\u201d said Tim Alcott, executive vice president of development and general counsel for Opportunity Home.<\/p>\n
The affordable units will not be limited to efficiency apartments.<\/p>\n
\u201cIt\u2019s not just restricted to the efficiency units,\u201d said Nick LaDuca, project manager for Journeyman Group.<\/p>\n
Thirty units will be set aside for families making less than $60,000 a year, while another 120 units will be available to families making less than $80,000.<\/p>\n
\u201cAs we bring economic opportunities to our residents, we need to make sure they have a place to call home that\u2019s close to where they work and where they go to school,\u201d said District 8 Councilwoman Ivalis.<\/p>\n
The development is planned to include a clubhouse, dog park and infinity pool, with views of downtown San Antonio. Opportunity Home has about 10 projects closer to downtown.<\/p>\n
Some people nationally have raised concerns that affordable housing could lower nearby property values. Opportunity Home says combining workforce housing with market-rate units in the same development helps address those concerns.<\/p>\n
\u201cI\u2019m referring to national studies that have generally been about workforce housing,\u201d said Alcott.<\/p>\n
Developers expect to begin opening units about a year from now.<\/p>\n
If you would like an affordable unit when this is complete, they\u2019re going to be listed online, and you will be able to find them on Apartment Locator, just like any other apartment unit. <\/p>\n","protected":false},"excerpt":{"rendered":"SAN ANTONIO – Opportunity Home and Journeyman Development Group are partnering on the Summit at Crownridge project, which…\n","protected":false},"author":2,"featured_media":438346,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[82,84,83],"class_list":["post-438345","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\/438345","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=438345"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/438345\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/438346"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=438345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=438345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=438345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}