McCombs Eyeing Tax Breaks for San Antonio Mixed-Use Venture
Why this matters
Mixed-use is where the most interesting urban repositioning is happening. Office-to-residential conversions in Manhattan, Washington, and Philadelphia have moved from pro-forma exercises to closed transactions, and walkable suburban densification is drawing patient capital with longer hold periods than the traditional core or value-add fund structures support. San Antonio industrial demand along the I-35 corridor has been driven by spillover from the larger Texas Triangle gateways. Multifamily fundamentals are steady. For allocators, mixed-use offers exposure to multiple property types within a single basis, which has become attractive as monoline sector forecasts have widened.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The eleventh San Antonio story tracked on the wire in September 2026. All San Antonio coverage →
- Disclosed mixed use deal value tracked in September 2026: $678.5M across 5 reported transactions. All Mixed Use coverage →
Computed from Real Estate Trail’s own tracked coverage
McCombs Enterprises is seeking to capture tax revenue to fund the infrastructure needs of a mixed-use project the company is proposing. The developer estimates the project will require roughly $43.6 million in public…
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