Koontz Corporation Announces New Class A Multi-Family Apartment Project in San Antonio

Koontz Corporation’s New 300-Unit Multi-Family Apartment Community Will Add More Walkability to San Antonio’s Northwest Sector

SAN ANTONIO—July 14, 2021. San Antonio-based Koontz Corporation today announced it will break ground in early 2022 on a new 300-unit class A multi-family apartment community at 12631 Vance Jackson Road on the site previously occupied by the Regal Fiesta 16 movie theater. Currently referred to as “Fiesta Trails Apartment Community”, the developer plans to release the formal name and branding at a later date.

“We are excited to bring a first class multi-family residential development to this vibrant area of San Antonio,” said Koontz Corporation President and CEO Bart Koontz. “Its infill location with plenty of nearby grocery, retail, and restaurant choices, make it an ideal site. Introducing this residential element will essentially transform it to the kind of mixed-use development that is in high demand today and will have strong appeal for young professionals.”

Situated on 10.36 recently rezoned acres, the four-story Fiesta Trails Apartment Community will offer 300 luxury one- and two-bedroom apartment residences with a myriad of on-site amenities including two swimming pools and a dog park. The development will encompass 267,000 square feet and provide ample parking for its residents.

The project site is located adjacent to the high-traffic regional intersection of IH-10 and DeZavala providing convenient access to many of the area’s major employment centers including UTSA, South Texas Medical Center, USAA and numerous other corporate employers. The site offers abundant retail choices in the immediate vicinity including major retailers H-E-B, Walmart, Home Depot, Marshalls, Bob Mills Furniture, Petco, and Spec’s. In addition, the Shops at La Cantera and the The Rim are located only two to three miles north of the site and the Huebner Oaks Center is just one mile to the south. Residents will also enjoy direct access to IH-10 through Fiesta Trails Shopping Center, as well as proximity to Loop 410 and Loop 1604.

Koontz Corporation recently purchased the property from Weingarten Realty and successfully petitioned the San Antonio Zoning Commission to rezone the tract to allow for the 300-unit residential development.

Koontz Corporation, will serve as developer and general contractor in collaboration with Garcia + Associates Architect and Pape-Dawson Engineers Inc. for the development, which is expected to be completed sometime in 2024.

“San Antonio is our home and one of the fastest-growing most exciting cities in the nation,” said Koontz. “It’s a great place to live and work, and anytime we can enrich our community with outstanding residential spaces, we are proud to do so.”