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SAN ANTONIO
Artisan Park Townhomes
Located in Southtown area, at Durango and 281, this development is literally creating a new neighborhood from the ground up. New infrastructure, streets etc. just south of downtown, Artisan Park features 120 new townhomes, priced from $200s. This property is seen as a great buy for folks wanting the local color, and convenience at a remarkable price. Kuper Sothebys team featuring John Barrera, Debra Maltz and Katie Tottenham are driving sales along with Marc Birnbaum of MAB Realty.

Due to a major confluence of efforts by the City of San Antonio, SAHA and Carleton Construction, this development is seen as a voctory for the area, keeping the spirit of rennovation and revival alive while adding some much-needed high-quality homes to this arts district.210.212.8996
www.artisanparktownhomes.com

COMING SOON:
The Quarry Townhomes
Slate Creek Townhomes
Pinnacle at Oak Hills

Left: The Montane in Uptown Dallas.
Right: La Cascada on the
Riverwalk in San Antonio.

 

 

 

 

TWO TREASURES
HIDDEN IN PLAIN SIGHT
Located in Uptown Dallas, in the historical State-Thomas district sits a little piece of Paris. The 7-story, 30-residence mid rise looks just as much Upper East Side as anything you'll find in Dallas. It's spacious flats are chock-full of extras in amenities, custom finishes and molding and "classic" in every sense according to home owners. There's even private elevators and service entrances. So how come there are still 7 homes left after 2 years of sales?

Similarly, on the banks of San Antonio's lush Riverwalk, the tourist, restaurant, shopping and historical mecca stands La Cascada, 12 stories of luxury (and BIG) condominiums. Aside from some marketing missteps early in the development, La C is still the only game in town when it comes to living the high life downtown. It's pricing is a huge value for those wanting the lifestyle, and yes, it too still has some vacancies.

Can you chalk it up to slowing condo sales? Or is it something more? Both buildings have put top-notch sales and marketing teams to work in the last year, and sales have been on the increase, so the condo trend notion doesn't seem to hold water. And both buildings, having been built before Katrina and soaring construction costs, are priced well under the $250-450/ft levels being thrown around in the marketplace, SO they have a distinct advantge in terms of value for the buyers' dollars. We have a theory, though and it merits some more>

SOME LIKE IT HOT IN SA...
When a market is begging for an expert sometimes an unlikely candidate emerges. Sometimes it's absolutley a given. So it's gone in San Antonio where there have been several attempts to rule the unruly and now burgeoning condominium market.

Outside of Debbie Maltz of Camp Street fame, and perhaps Lisa Schmidt, nobody's stepped up and led developers to the promised land of sales sanity... until now.Enter Nancy Personette and the new condo team at Phyllis Browning Associates. One of the sharpest, no b.s. advisors around, her advice is sought by developers and investors around the U.S. and Mexico because she gives them the straight skinny -- even when others may be blowing sunshine up skirts.

"I learned from a lot of trial by fire in advertising, marketing and selling with one of the pioneers in condo marketing (Houston's Personette & Associates) in the last 15 years. The bottom line is that you have to be prepared, and prepared to address issues very quickly. Leave out a detail and it will bite you," says Personette.

As they say, the Devil is indeed in the details, just reference the plethora of starts and STOPS San Antonio has endured. Watch for announcements very soon about the developers enlisting Nancy's PBA team.