Cibolo, one of the fastest growing towns in the San Antonio area, continues to diversify its development offerings. Dallas-based Casa Linda Development and Los Angeles developer Highridge Costa Housing are planning to build El Sereno, an affordable apartment community for senior citizens. The $21 million, 136-unit senior complex will contain 99 one-bedroom units and 37 two-bedroom units. More than 110 apartments will be dedicated to seniors who earn 30 to 60 percent of the area median income; the remaining apartments will be available at market rate. Texas Department of Housing and Community Affairs awarded El Sereno $1.5 million in annual tax credits over 10 years to help support the development.
Amenities in the units at El Sereno will include energy efficient appliances, covered balconies or patios, washer and dryer connections, and 9-foot ceilings. Community features will include a clubhouse with kitchen, Wi-Fi, separate rooms for games, fitness and laundry. Residents will also be able to enjoy a pavilion with swimming pool and picnic tables, a walking path, and a variety of social activities. A groundbreaking for the project was to take place by early September, but was delayed by the aftereffects of Hurricane Harvey. Humphreys and Partners Architects is the firm designing the project. HCHP Contractors is the general contractor. UAH Property Management will manage the complex.
Separately, Cibolo City Council recently approved rezoning 80 acres of land at the southeast intersection of Interstate 35 North and Wiederstein Road to allow for a mixed-use project. Babcock Road 165 plans to develop 307,100 square feet of retail and entertainment space, including retail stores, restaurants, a hotel, as well as a movie theater/family entertainment venue owned and run by Santikos. The development will also include a nearly 800-unit apartment complex with one to three bedrooms.
The 76,000-square-foot Santikos entertainment complex will be built during the first phase of work, alongside several restaurant and retail shops. The second phase of construction will produce more dining and retail options, a fitness center, hotel, and bank. According to a San Antonio Express-News report, the apartment complex will offer market-rate units, and be built over several years. City officials said they would welcome the mixed-use project, responding to a recent economic development survey in which most responding residents said they want more commercial, dine-in and family-friendly entertainment offerings inside Cibolo.