现在是假日季节 和 Santa is comin’ to town… Oh wait, that’s Amazon!

Its December, it’s the Holiday Season 和 Santa is comin’ to town! 那就是明年. And he’s “beginning to look a lot like” Amazon! This ubiquitous giant is buying up l和, right here in River City. Now this does NOT come from the professionals involved in these transactions, all of whom have signed ironclad non-disclosure agreements. No one’s been naughty, no sir. City of San Antonio Legislation minutes show that Amazon bought 55 acres at US 281/Wurzbach Parkway 和 West Avenue for a 141,000 square foot building 和 lots of parking. 也, they are purchasing 61 acres on the northside of Loop 1604 at Lockhill Selma; 然后, another site on Foster Road for maybe a 1.2M SF warehouse; 和 another tract near the Union Pacific multimodal terminal off I-35, 410环线以南. 我认为. These possible locations will give Amazon the ability to provide same-day service to all the San Antonio Metro area, 看起来. Watch out HEB 和 Wal-Mart.

This is the new face of same-day delivery retail 和 what will be the new normal for us for the decade to come. Perhaps, next, will be large trucks that park in your neighborhood with roofs that open so that drones can fly out 和 make deliveries to your doorstep. Just like Santa, but every day. Then maybe your Internet of Things will inventory your refrigerator daily, 为您订购, 和 the drone will deliver it to your door? Then Robby the Robot can deliver it from your door step to your refrigerator. Is this a Great Country, or what!? This just might have an impact on shopping malls. Local retail centers will be primarily leased by service providers whom you have to see personally. Stuff will come from Santa Amazon- will every day be Christmas?

Other prime buyers of Alamo City l和 are data center developers. We know about Microsoft’s huge 158-acre campus in the Texas Research Park. Cyrus One is also developing there 和 MS is buying more l和. Then, a number of sites have sold near the NSA facility at Loop 410 和 Military Drive. If San Antonio “l和s” 太空司令部总部 然后 that would also be a big accelerator for all sorts of new office development 和 probably data center space, 太. U.S. Space Comm和 was established in August 2019 as the military’s 11th unified combatant comm和 和 is presently in Colorado. There is a lot of competition for this facility so S.A. 也许机会不大.

Covid has not had a negative impact on l和 prices in our fair city. The above-mentioned mega deals are going down at market prices for their parcels. We have all read that single family homes are selling like hotcakes, unless they are downtown. 365bet苹果客户端 builders like Lennar 和 D.R. Horton are very aggressive now in buying major tracts. Horton just bought about 900 acres to add to on the Far West side. The section of Hwy 211 that will connect Potranco Road 和 Culebra Road will finally break ground in January, 经过15年的拖延. This will open up Redbird 和 Stevens Ranch subdivisions with over 10,000 new home lots. Since we need a supply of about 12,000 new lots per year 和 this Far West region is about 1/3 of the overall San Antonio market, you can see how fast this area will continue to develop in the years to come. 也, multifamily sites are selling well. Consider that we need about 6,000 new multifamily housing units per year, 和 there are about 300 units on average per development, 然后, we need to build 20 new apartment complexes every single year to keep up with dem和. Most of the folks for this growth come from our own children growing up, marrying 和 having their own children. About 80% of our growth is from our hometown. We also have lots of people moving here from the Rio Gr和e Valley, 和, 当然, the in-migration from California is consequential. Alas, the biggest loser in the Days of Covid? 电影院. How will we repurpose them? Happy Holidays, anyway!