News

Luxury hotel, condo project 80% presold; developer hints at more (slideshow)

The Arts Residences at the Thompson San Antonio hotel, downtown’s new high-end development, has hit two new milestones. Not only has the project topped off, or finished its vertical construction, but it has already presold 80% of its condos, a notable feat for a building that is almost a year from completion. read more

Houston Pushes to Become a World Class Hotel City — Ambitious New Wave of Projects is Changing Perceptions

Houston’s standing as a world-class city is never in doubt — unless you happen to be a visitor staying in one of its unremarkable hotels. For the fourth largest city in America, Houston still comes up short in standout hotels. read more 

DC Partners’ Residential Expansion Shows Houston Is Ready To Embrace Luxury Condo Living

The rise of the luxury condo market has made way for DC Partners’ biggest project yet. The Allen will tout a Thompson Hotel, retail and office along the Allen Parkway, but perhaps most notable is the residential component — high-end condos, something still not attempted often in Houston. read more

The Tease of Houston’s New $500 Million Development Draws a Powerful Crowd

We simply don’t know what to say when guests start arriving at a commercial open house an hour before the doors officially open. Such was the enthusiasm for The Residences at The Allen that more than 300 interested parties joined DC Partners for a preview of the first phase of the $500 million project rising on Allen Parkway, just east of the Federal Reserve…. read more. 

Arabella Wins HBJ Landmark Awards

The Houston Business Journal’s Landmark Awards recognize impressive real estate projects that make a significant impression on the Houston landscape and help sculpt the look, feel and image of the city. DC Partners is proud to announce that two of our projects have been nominated for Landmark Awards. We are so excited to announce Arabella won a Houston Business Journal Landmark Award last night for the Multifamily category!

Read the full story here.

Marlowe & Arabella Nominated for HBJ Landmark Awards

The Houston Business Journal’s Landmark Awards recognize impressive real estate projects that make a significant impression on the Houston landscape and help sculpt the look, feel and image of the city. DC Partners is proud to announce that two of our projects have been nominated for Landmark Awards.

Read the full story here.

Filling in San Antonio’s skyline: An update on 10 major downtown construction projects

A slate of luxury apartment towers, state-of-the-art headquarters and hotels under construction promise to fill in the downtown San Antonio skyline — but residents may have to wait a while longer to see the results.

 

Construction on The Arts Residences at the Thompson San Antonio — a $116 million high-rise at 123 Lexington Ave. — is expected to wrap in early 2020. The tower will have 63 luxury condominiums and 162 premium hotel rooms.

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Bank Offers Zero-Down Mortgages At Luxury Condo Tower

At Arabella, a high-end condominium tower along the West Loop, buyers with good credit can qualify for a mortgage with just 10 percent down.

But those with an M.D. after their name can get a mortgage without putting down a penny.

 

Banks have been making zero-down mortgage loans to doctors in recent years as they’ve realized that while physicians may be in debt from medical school, their salaries are high and they make good banking customers.

Read the full story here.

The Arts Residences Achieves 60 Percent Sales Milestone

San Antonio, Texas, May 17, 2018 (GLOBE NEWSWIRE) — DC Partners announced it has achieved a major milestone, selling 60 percent of the condominium homes in The Arts Residences at the Thompson San Antonio hotel since its sales office opened last May.

“We are proud of reaching 60 percent sold in a year! The interest in this property is increasing daily, and we are continuing to see a large influx of buyers from the San Antonio area,” said Roberto Contreras, CEO of DC Partners, which is developing its first project in the San Antonio market. “Homebuyers are recognizing the unique nature and timeless value of The Arts Residences, and San Antonio will benefit enormously from this project, which creates jobs and boosts the local economy.”

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Sneak Peek: Sleek hotel and condo building to be built in downtown San Antonio

SAN ANTONIO – A groundbreaking ceremony is planned for next week to begin construction on a new high-rise that will include dozens of residences and more than 150 hotel rooms.

The Arts Residences and Thompson San Antonio will be built at the corner of North St. Mary’s Street and Lexington Avenue, along the River Walk and across from the Tobin Center for the Performing Arts. Artist renderings show an impressive and elegant facade; the hotel rooms feature upscale fixtures and plush accomodations.

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