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This page is dedicated to content from the San Antonio Business Journal, which KSAT partnered with in an effort to elevate strong community journalism and provide a wider range of news for our readers and viewers.

The San Antonio Business Journal covers various industries, including banking, commercial real estate, construction, economic development, health care, hospitality, energy, manufacturing, technology and defense industry.

GrayStreet Partners buys downtown properties owned by Mexican Manhattanโ€™s Karam family

Minnesota developer to build affordable apartment complex in Boerne

Valero Alamo Bowl CEO preparing for big change

San Antonio opens bidding for millions in Tower of the Americas renovations

The Tower of the Americas, the centerpiece of the San Antonio skyline since its unveiling at the 1968 World's Fair, is slated to undergo major renovations in 2024.

San Antonioโ€™s housing market expected to rebound, outpace its neighbor to the north

San Antonioโ€™s growth in sales volume is expected to far outpace the national rate of change.

Westside panel recommends $6.6 million for Market Square enhancements

Market Square is preparing to undergo major renovations

USAA leaving downtown office space by the end of 2022

Local insurance and financial services giant USAA announced that the company will be vacating its downtown office space by the end of 2022.

Rate of discounted homes on the market reaches highest level since the pandemic

More than a third of homes for sale in the San Antonio area are being discounted, according to new data from Zillow.

SA theme park owner sees huge drop in attendance

Four million fewer guests visited Six Flags parks in the recently completed third quarter than during the same period a year ago. Over the first nine months of this year, the companyโ€™s turnstile count is down by 5.5 million customers.

Brackenridge Park Conservancy names new CEO

The Brackenridge Park Conservancy has recruited a new CEO, Talli Dolge, who will lead the organizationโ€™s ongoing pursuit of key improvements for some of San Antonioโ€™s more significant midtown assets, including a $62 million plan unveiled more than a year ago to restore and expand Sunken Garden Theater.

Rackspace Technology to exit Windcrest and relocate company headquarters

The city of Windcrest is losing one of its largest employers as Rackspace Technology plans to relocate its corporate headquarters from the former Windsor Park Mall into a smaller space in North San Antonio.

Elon Musk and The Boring Co. waiting on green light for SA tunnel plan

Nearly seven months after Alamo City officials said they were advancing discussions with The Boring Co. regarding a proposed underground transit tunnel connecting San Antonio International Airport with the downtown area, Elon Muskโ€™s venture has yet to strike a deal.

AT&T to extend naming rights for Spurs arena

AT&T Inc. has agreed to extend its naming rights deal for the San Antonio Spursโ€™ home arena just days before the NBA team is set to tip off its 50th season in the Alamo City.

San Antonioโ€™s income surge hints at more housing pressure, moving trucks on the horizon

According to the latest data from the U.S. Department of Housing and Urban Development, San Antonio's median family income has reached $83,500, a 13% spike over last yearโ€™s median of $74,100

With construction complete, this affordable San Antonio apartment complex already has a wait list

An affordable housing community on the Northeast Side, which broke ground in 2020 and held its ribbon cutting last month, is already 99% leased, as San Antonio scrambles to bring affordably priced units online.

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New owner plots rehab of Spaghetti Warehouse building, eyes economic uncertainties ahead

Initial plans to rehabilitate the historic Spaghetti Warehouse building at 1226 E. Houston St. may be hitting a snag as the developer contends with the realities of the current economy.

A sign the Spurs are moving on as new season nears

Bill Schoening 22nd season with the Silver and Black.

Rackspace names permanent CEO as Kevin Jones steps down; headquarters to remain in San Antonio

San Antonio-based Rackspace Technology, Inc. announced Monday morning that CEO Kevin Jones is stepping down, effective immediately.

Proposed change could mean more guest houses in Bexar County

Prefabricated modular homes may soon be on the rise in San Antonio thanks in part to a proposed change to the cityโ€™s development code.

How local universities compare in cost in UT and A&M systems

The University of Texas at San Antonio is one of the least-expensive schools in the University of Texas System, while Texas A&M University-San Antonio is one of the most expensive in its system.

Downtown Castroville rescue plan moves forward

Multiple projects are now in development to bring new businesses to older โ€” and in some cases shuttered โ€” buildings in the heart of nearly 180-year-old Castroville.

Clear Channel co-founder and philanthropist Lowry Mays has died

Lowry Mays, who helped build what would ultimately become iHeartMedia, has passed away at the age of 87.

A home on the North or West Side grows increasingly out of reach for most San Antonians

Over the course of the pandemic, nine San Antonio ZIP codes became prohibitively expensive for median income households.

Santikos eyes major westward expansion and redevelopment

San Antonio-based Santikos Entertainment is now pursuing new ground-up expansion in one of the cityโ€™s fastest-growing areas.

Why cityโ€™s best shot at new ballpark may not be downtown

The San Antonio Missions could be part of a shared-stadium strategy

Scobey Complex plans to revitalize the West Side move forward with new developments

If VIA approves the development plans, they could be underway by the fourth quarter of 2023, and could be complete within 18 months.

The top 10 commercial San Antonio water users

The Business Journal obtained records from SAWS that show information about the highest users of potable water, providing insight into how much water these massive businesses and institutions use.

San Antonio homebuilders signal a pullback as uncertainty creeps into market

Recent surges in pricing are contributing to a slowdown in the pace and competitiveness of home sales in the San Antonio region, and developers are responding in kind.

Houston-area company plans Wonderland entertainment development

A Houston-area company plans to redevelop retail space inside Wonderland of the Americas into a new entertainment venue.

Report: San Antonio apartment rents are up 12% since 2021

At $1,209 per month, San Antonioโ€™s average rental price is 12% more expensive than it was at the end of Q2 last year, according to the report.

Wolff expects county will advance major multihospital expansion

One of the planned hospitals is earmarked for a site near the Retama Park Racetrack in nearby Selma. The other would be built next to the Texas A&M University-San Antonio campus on the cityโ€™s South Side.

Proposed downtown Link development clears key hurdle

Whatโ€™s proposed is a linear parklike corridor stretching from the San Antonio River at Convent Park near the planned Dream San Antonio hotel westward toward San Pedro Creek and rising up at Camaron Street

New hotel near Hemisfair gets green light from city

San Antonioโ€™s Historic Design and Review Commission granted Indiana-based White Lodging final approval to develop a 10-story hotel along South Alamo Street near La Villita and Hemisfair.

Multiple groups exploring potential SA ballpark sites

Multiple entities are exploring several sites, including one group interested in downtown acreage along the redeveloped San Pedro Creek that could involve Weston Urban.

$1M dollar food hall to debut at Helotesโ€™ The Legacy

Roots Food Hall will feature a full-service bar and four separate mini-kitchens

Business partners open Mexican-style ice cream and snack shop in Boerne

Michoacร n A Pedir de Boca, a paleterรญa and snack shop opened in Boerne.

Incentives OKโ€™d for massive film studio in San Marcos

Hill Country Studios would be one of the largest film studios in the country.

After enduring fire, renovations and a pandemic, former George Strait resort seeing more change

Company with a strong presence in the U.S. and Canada looks to build on Boerne-area propertyโ€™s past

Houston development group bringing $20M apartments to Northwest Side

Cambridge plans for Citadel Urban to consist of 182 one-, two- and three-bedroom units.

Whataburger announces Missouri expansion

The fast-food chain announced that the three new locations will employ a workforce of 660 employees.

A Strange Listing: Don Strange Ranch, 81-acre home and event venue is on the open market for $4.75M

The Don Strange Ranch is a sprawling 81 acre estate with two houses and two event venues, and is bifurcated by Zinc Creek.

With population growth, tourism recovery, SA retail rental rates boom

As tourism continues a strong rebound in San Antonio and the cityโ€™s population growth stays on an upwards trajectory, all that foot traffic is showing hefty returns for San Antonioโ€™s retail market.

New Braunfelsโ€™ Schlitterbahn owner beating pre-pandemic revenue

The rebound is key as Cedar Fair Entertainment Co. approaches a third summer season in a pandemic.

New details emerge on planned Pearl concert hall

Pearl is advancing plans to redevelop its Stable building into a new live music venue and more details have emerged, including an estimated price tag approaching $11 million and a clearer idea of who will operate the new concert hall once completed.

180 rental homes coming to New Braunfels

Tricon Trail Creek will include 180 three- and four-bedroom single family houses with attached two-car garages, keyless front door entry and smart home technology.

Lubyโ€™s sets date to delist from NYSE after selling business unit to Pappas Restaurants entity

On May 31, all Lubyโ€™s stockholders will automatically receive a distribution of one liquidating trust unit for each common share held.

Fiesta Texas parent Six Flags suffers big loss despite attendance boost

The Arlington-based company reported a net loss of $66 million for the first quarter of 2022 after generating $138 million in total revenue.

New SA arena a smashing success as promoters line up

For its musical debut, The Smashing Pumpkins christened the Tech Port stage on May 2, playing to a full house in the 3,300-seat building.

Via 313 Pizzeria, The Crack Shack to open at The Rim

Via 313 is a Detroit-style pizza joint based in Austin; Crack Shack serves up California-inspired fried chicken

UTSA teams with Florida firm to boost athlete branding

The University of Texas at San Antonio Department of Intercollegiate Athletics has entered into a licensing agreement with The Brandr Group in an effort to expand marketing opportunities for its student athletes.

San Antonio to get new movie theater complex and entertainment venue

EVO Entertainment is opening a South Park location.

Shiner Beer owner puts $1 million behind Alamo plan

The Impetus Foundation, led by Spoetzl Brewery owner and philanthropist Carlos Alvarez and his family, has contributed $1 million to the Remember the Alamo Foundation.

Frost Tower taken off the market

In January, the Business Journal reported that Frost Tower, the 24-story downtown office tower, was going up for sale. A few months later, however, that is no longer the case.

12 new Dutch Bros. locations to open in SA. Hereโ€™s when and where to expect them.

Adding to the five locations already operating in San Antonio, the brand closed deals on a dozen additional locations that are set to open over the next two years.

Cibolo to welcome new charter school this fall

Students pre-K through eighth grade in the Cibolo area will benefit from a new educational opportunity this coming school year. Legacy Traditional Schools, a public, tuition-free network of charter schools, is opening its new Legacy Traditional Cibolo campus in the fall

New report ranks San Antonio No. 1 in Texas for solar power

A new report by the Environment Texas Research and Policy Center ranked San Antonio No. 1 in Texas and No. 5 in the nation for solar energy, maintaining its position from last year.

New brewery project to anchor Broadway corridor development

Make Ready is expected to include a dozen local tenants in a River North area previously home to part of Cavenderโ€™s Cadillac dealership.

Balcones Heights eyes new prospects for shuttered Santikos Bijou theater

The mayor of Balcones Heights says there is interest in the theater site.

Demand for SA-made trucks increasing despite sluggish Toyota sales

Toyota continues to draw more auto manufacturing activity to the Alamo City.

Million-Dollar Listings: Downtown events center back on the market

CPS Energy, which owns the nearly 25,000-square-foot building, confirmed that itโ€™s back on the market.

SA food industry feels the pinch of rising seafood prices, supply issues

Groomer said prices at his business have gone from up 20 to 50% depending on product over recent months, due to the businessโ€™ dependence on global supply.

With housing demand up, Arizona-based company invests in Seguin

Arizona-based Walton Global Holdings โ€” a land management and real estate company โ€” has acquired 166 acres in Seguin as demand for housing in the Greater San Antonio region continues to outpace supply.

New H-E-B space to cater to swelling population in New Braunfels

A new store is scheduled to open April 29 at an existing H-E-B location at 651 S Walnut St.

First Look: New office development set for former CPS building

BH Properties plans to redevelop and reposition the 10-story structure at 146 Navarro Street into office space designed for a single tenant or multiple businesses.

Texas oil and gas has gained 16,000 jobs in the past year, new report says

The Texas oil and gas industry saw gains of more than 1,000 jobs between December 2021 and January 2022

SA-based Zachry Hospitality close to finalizing plans for major Hemisfair project

Zachry Hospitality is moving closer to a finalizing a new deal for the former Worldโ€™s Fair site.

Fate of Lone Star Brewery makeover unclear as site is back on the market

City officials had put their support behind a plan to bring major development to the 32-acre site.

San Antonio barbershop chain plans two new locations in expansion push

Matador Menโ€™s Grooming is planning to open two new locations.

Former MLB pitcher launches new brewery in Boerne

Retired San Francisco Giants pitcher Jeremy Affeldt has found a new career in the Texas Hill Country.

SA developer strikes land deal for Gruene residential project

The project will feature one- and two-story structures and will include 126 duplex-style homes, with 252 units.

L.A.-based hot chicken joint pins San Antonio for Texas expansion

Eight locations of Daveโ€™s Hot Chicken โ€” a West Coast take on Nashvilleโ€™s iconic, cayenne pepper-loaded hot chicken โ€” are planned for the San Antonio area.

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