AGENDA - San Antonio Housing Authority

HOUSING AND BUSINESS POTENTIALLONG-TERM (5–10 YEARS) POTENTIAL FOR NEW DEVELOPMENTDEVELOPMENT TYPE LEADING STRONG LACKING WEAK ASSESSMENTHOUSINGRETAILSingle FamilyMulti-familyLocal/NeighborhoodRetailRegional/GeneralMerchandiseRestaurantsAs adjacent neighborhoods continue to revitalize and as employment expands in thesurrounding area, the low cost of land, combined with the large supply of vacant lotsand vacant homes, will create a strong demand for new single-family housing (primarilystarter homes) and rehabilitation of existing homes in the Wheatley Courts area.Continued employment growth in the Central Business District will fuel demand formulti-family housing in East San Antonio; however, demand for multi-family housing inthe Wheatley Courts area will largely depend on the successful re-development of thepublic housing complex.Since 2007, there have been a total of only five new retail establishments built or renovatedin the area compared to the numerous investments in the surrounding neighborhoodsand San Antonio suburbs.Primarily due to the Wheatley Courts area’s proximity to downtown, the potential for newregional shopping centers and general merchandise stores will remain weak in the longterm,even as new residential and commercial development occurs in the neighborhood.There is strong potential for the development of new restaurants along New BraunfelsAvenue and Walters Street. The existing restaurant cluster along New Braunfels Avenuejust south of Fort Sam Houston can be built upon to become a regional restaurant/entertainmentdestination, with positive spill-over effects for the surrounding area.EASTSIDE CHOICE NEIGHBORHOOD TRANSFORMATION PLANSERVICESHouseholdBusinessSupportAs the Wheatley Courts area revitalizes and experiences accelerated population growth,the demand for household and personal services will also increase.Demand for business support services associated with the Central Business District andother nearby employment centers will likely increase substantially over the long-term.The Wheatley Courts area is uniquely positioned to accommodate some of this demand.Public/SocialSupportThe potential for additional public and social support services in the Wheatley Courtsarea will continue to remain strong in the long-term. There is potential for services suchas new educational facilities, specialized medical clinics, and other public facilities thatserve not only the Wheatley Courts area, but the entire Eastside of San Antonio.27