East Meadows is a brand new 12-home community located just east of downtown San Antonio minutes away from Ft. Sam, Pearl Brewery, AT&T Center, and the Salado Creek Greenway hike and bike trails. Pre-completion pricing starts in the $130,000’s for qualified buyers and the homes are available now for purchase.
Each home features energy efficient appliances, a new air conditioning and heating system, granite countertops in the kitchen, hand-laid tile, double-pane windows, durable exterior siding and fenced yards. Contact us to learn more and how you can qualify to purchase one of these beautiful new homes.
Terramark predicts it can sell the Urban@Olive homes for about $200,000-250,000. But an agreement, which is still in development with District 2, would have the City pay for infrastructure (streets, sidewalks, etc.) surrounding the project so Terramark doesn’t have to. The developer can then save money on the project overall and charge slightly more for the market price homes in order to subsidize the two or three homes made available at a reduced price – perhaps at less than $180,000.
How do we solve the problem of the suburbs? Urbanist Jeff Speck shows how we can free ourselves from dependence on the car — which he calls “a gas-belching, time-wasting, life-threatening prosthetic device” — by making our cities more walkable and more pleasant for more people.
Update 07/01/2019: The renovations are complete and the new headquarters is open.
Original article 2016:
With a lengthening list of projects and a commitment to diversify the city’s housing stock, Terramark Urban Homes has closed on an historic East Side site to build its new headquarters here in San Antonio.
The residential developer’s new headquarters is slated for 901 Pine St. in the former Childress Memorial Church Of God In Christ’s Fellowship Hall, a structure that remains standing despite a massive fire in 2013 that burned the rest of the property to the ground.
Terramark Urban Homes is planning to move its permanent operations into a former church facility at 901 Pine St. following extensive renovations alongside a residential development.
Terramark — previously based in Sugarland, Texas — is still months away from starting work on its new offices, but has already made the permanent move to San Antonio as the number of units it adds to the city’s residential pipeline continues to climb.
And with its townhome developments scattered throughout the East Side, Tobin Hill, Terrell Hills, Southtown, Lavaca and Midtown that are about to start or are currently under construction, as well as sideline projects such as its role as the general contractor for Rising Barn’s first Dignowity Hill single-family home, the company’s commitment to San Antonio is rising at a similar speed.
Charlie Turner, Terramark’s CEO, told me the company is constantly experimenting with new models, areas and price points as it sticks to its “pioneering” roots.
“We’re trying to offer more variety in the marketplace by doing something different,” he said.
And with a majority of the units at Terramark’s projects selling out before construction even begins, the company is clearly in front of the trend — a quality that will be made evident at its 901 Pine St. development.
The site itself is roughly 1.7 acres, and Terramark Chief Operating Officer John Cooley said the developer is working with architects “to see what plan to put together.”
However, those discussions are heading in a direction that will include the renovation of the Fellowship Hall to house Terramark’s operations along with a combination of townhome and live/work units on the northern end of the parcel to serve as a transition between the commercial area and the rest of the neighborhood.