Embrey Partners plans 338-unit community in San Antonio

Embrey Partners has secured financing from Wells Fargo to develop a 338-unit multifamily community at the historic Borden Creamery property on US 281 in San Antonio, Texas.

Plans include demolition of the current self-storage facility and construction of 338 premium multifamily units compatible with the art deco exterior of the Borden building, which will be preserved in a separate project by AREA Real Estate LLC to include 60,000 square feet of office and retail commercial space.

The multifamily property plan includes San Antonio River improvements and promotion of walkable neighborhoods with sidewalks and an elevated pedestrian bridge that connects the Tobin Hill community to the river and the Brackenridge Park Trail.

Multifamily community construction on the 5.1-acre site is scheduled to begin in July. Project completion is scheduled for July 2023.

Embrey Partners is a diversified real estate investment company that owns, develops, bu