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Alamo redevelopment plan approved; work to begin next month

The Texas Historical Commission has approved the Alamo master plan, paving the way for the project's first phase of construction to begin as soon as next month. Initial work will include closing a portion of Crockett Street, widening Bonham Street and landscape design. It will also include new lighting on the south end of Alamo Plaza from Crockett Street to the mall, along with restoring and moving the Cenotaph. Construction on phase one is scheduled for February with completion expected by the…

Announced River Walk Dream hotel tower still a mystery

Dream Hotel Group, a New York-based company, confirmed that it will manage Dream Hotel San Antonio, which is planned for a site along the River Walk. It’s not clear, however, who is developing the project or where it will be. A spokeswoman for Dream Hotel, Katie Fontana, said the company could not confirm an exact location for the project or whether it was part of a larger mixed-use development. Fontana did say the developer for the planned hotel is local and wishes to remain anonymous. She…

New NADBank CFO worked both sides of the border

North American Development Bank named Julio Zamora, a dual United States and Mexican citizen with more than 30 years of experience in international markets, as its chief financial officer, according to a Monday news release. Zamora has managed portfolios, allocated assets and researched companies, countries and investment managers at global banks, as well as investment boutiques, according to the new release. He is a former managing director at Citi Research, where he was also Latin America equity…

New Rivercenter hotel eatery opening in time for Valentine's Day

A new restaurant in the Marriott RIvercenter will open just in time for Valentine's Day dinner dates. Tributary, which serves a menu of southern style items like a shrimp, short ribs and grits, opens its doors in February, according to a Tuesday new release. The restaurant is led by Chef Ben Annotti, former executive chef and managing partner of San Antonio's Pinch Boil House. His culinary experience also includes time at the JW Marriott San Antonio Hill Country Resort and Spa. The news release…

CPS Energy weighs future of coal as it approves $2.7B budget

The utility's CEO apparently "ruffled some feathers" in the environmental community with a suggestion for its Spruce Plant.

High-end fitness brand planning first local showroom

A fast-growing fitness company that makes internet-connected exercise equipment is planning a showroom in San Antonio. New York-based Peloton Interactive Inc. will begin construction March 9 on a 3,187-square-foot San Antonio showroom at the Shops at La Cantera, estimated to cost $800,000, according to Texas Department of Licensing and Regulation records. Sacramento-based Lochte Architectural Group is designing the space, records show. Peloton (Nasdaq: PTON) sells high-end stationary bicycles with…

Massive layoffs not enough to stop WeWork's SA plans

Despite a massive round of layoffs and selling many of its noncore assets, New York City-based WeWork Companies Inc. still plans to enter San Antonio with a coworking space downtown. WeWork finalized its lease on the Grant Building's top two floors and the Kress Building's top four floors in May, which it announced in 2018 with an expected opening of the end of 2019. The buildings at 305 E. Houston St. and 315 E. Houston St. were vacant for years before the WeWork lease. Developer GrayStreet Partners…

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