SAN ANTONIO — Koontz Corp. has bought a 9.7-acre site in San Antonio from The Concordia Group for an undisclosed price. Koontz will develop The Elle Apartment Homes, a 305-unit community, on the land. Lee Jordan of Cavender & Hill Properties represented The Concordia Group in the sale of the land. Koontz represented itself in the deal.
The Elle Apartment Homes will be a complex of four-story buildings comprising 264,015 net rentable square feet. The community will offer a mix of one- and two- bedroom apartments. Residents will have access to amenities including covered parking, an entertainment room, shuffleboard, fitness center, internet café with coffee bar, business center and conference room, pool with sundeck, grilling areas and dog park.
Koontz will break ground on the project in the third quarter of 2025. Construction is slated to complete in June 2027. IBC Bank provided financing for the project. Garcia + Associates is the architect. Pape-Dawson is the engineer. Casey Roy Design is the interior designer.