With construction complete at Cellars, move ins are happening daily for the already 50% leased high-end residential addition to Pearl. Demanding $3.15/sf, Cellars is the new benchmark for residential living in San Antonio. Living spaces start at $1,830/ month for a 650 sf 1/1 and escalate to nearly $14,000/month for the penthouse suite.
Amenities include well appointed ground floor community kitchen, library, living room, and gym. As expected, attention to detail in materials and artwork create a space that is warm and sophisticated. 24-hour valet parking and Hotel Emma concierge services are also perks of being a resident at Cellars.
What does a product like this mean for San Antonio? With strong interest, it shows a demand for a product that has not been available before. Although the location can not be duplicated, it remains to be seen if this scale and quality will be mimicked any time soon.
Here is a sneak peak: