SAN ANTONIO — Palladium USA, in partnership with the San Antonio Housing Trust Public Facility Corp. (SAHTPFC), has broken ground on Palladium San Antonio, a $75 million development in San Antonio. The four-story project is situated on an 18-acre site. Palladium East Foster Crossing will feature 288 units in one-, two- and three-bedroom floor plans.
Amenities will include a pool, fitness center, conference center, dog park, business center, children’s playroom and clubroom with a mini kitchen. Pre-leasing will begin by Winter 2025.
Cross Architects designed the community. Brownstone Group is the general contractor. SAHTPFC issued $35 million in tax-exempt bonds for the development. PNC Bank provided $33 million in equity and more than $30 million in long-term debt. The Texas Department of Housing and Community Affairs provided $36 million of 4 percent Housing Tax Credits.