SouthPort Retail Triangle
The Heart of Southside Development
Erin Klingensmith
As the 7th largest city in America with a population of more than 1.3 million people, San Antonio has seen a boom in real estate and commercial development over the past several years.
The North and West sides of town have seen an especially large amount of growth, leaving the Southside behind on economic improvement. However, with the introduction of the $1.3 billionToyota Manufacturing Plant in 2003 and a score of new residential communities, the Southside has begun to emerge as the “hot” new area in the City.
In 2002, The City of San Antonio announced the City South Initiative, aimed at improving the southern sector of San Antonio and promoting economic development. The 80 square miles identified as City South border Loop 410 on the North and stretch between I-37 and I-35. While economic development is the cornerstone of the City South Initiative, the preservation of the environment and natural resources is not an aspect of development that will be overlooked.
Once such development, the SouthPort Retail Triangle, is a model for what the City South Initiative is attempting to do for the Southside of San Antonio.
With more than 43,000 square feet of retail space located directly across the street from the Toyota Manufacturing Plan, SouthPort is in the heart of the City South Initiative.
Construction on the SouthPort Retail Triangle was completed in 2007 and the first tenants opened for business in December of that year. Currently, SouthPort is home to a Subway Restaurant, Rios Golden Cut and soon, a drive-through Panchito’s Express.
The retail triangle will also see the construction of a Microtel in the near future, which will cater to visiting Toyota suppliers and executives. To learn more about the SouthPort Retail Triangle leasing opportunities, call Erin Klingensmith at 828-4600.
Despite Toyota’s recent announcement that they were cutting the production capacity by roughly 20 percent, the SouthPort Retail Triangle is thriving. Toyota’s decision reflects national economic trends, not necessarily trends specific to San Antonio. Growth on the Southside is still moving forward.
New housing developments such as the Preserve at Medina River will usher in a new era of growth that will help to further the City South Initiative and economic development in the Alamo City.
