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Bexar County has offered up a 10 year, 40% tax abatement for Oxbow Development should the company build two San Antonio apartment complexes totaling 275 units. The agreements are worth more than $1.4 million. Oxbow plans to spend up to $129 million on the Coopers Row North and Lewellen apartments.
The San Antonio Business Journal reports the firm is steadily approaching obtaining third-party funding to begin construction on a full pipeline of projects, which also includes the parking-centric Mira complex, a hotel across the river from Hotel Emma and numerous pedestrian improvements in and around Pearl.