Luckey Ranch will become the home of a 70 acre commercial site at Loop 1604 and Highway 90, part of the larger 610 acre master planned community in what’s become known as San Antonio’s “donut hole” (so named because the demand is high, but there is a limited supply of available land). The 70 acres of commercially zoned land was sold by The Kalikow Group, who had owned and invested heavily in the area, but in the past three years has sold off all of the available residential land, much of it to LGI Homes. With a strong residential market in the area (average home prices are up from $155,000 to $260,000 in the area), the new commercial development is a logical next step in filling in the area and anchoring the residences with commercial opportunities.
image courtesy of jordanmit09