Developer finds luxury townhomes near Pearl

SAN ANTONIOEditor’s Note: This story was published through a partnership between KSAT and the San Antonio Business Journal.

An upscale townhouse community in one of San Antonio’s hottest neighborhoods is now complete after overcoming years of pushback and delays.

Local developer Robert Melvin – CEO of Limitless Creations Inc. – has completed The Legacy, a 20-unit townhouse project near Pearl at the corner of North St. Mary’s Street and East Euclid Avenue.

Homes will start at $ 550,000 and go up to $ 615,000. All have three bedrooms, two full bathrooms and a half bathroom. Unit sizes range from 1,600 to 1,910 square feet.

Some garages in the community will be equipped with a hydraulic lift system to allow them to include an additional vehicle.

The project innovated in 2019. Melvin has previously built Park Avenue in Pearl, a four townhouse development built using nine shipping containers.

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“For me, as a developer, I’m always looking for innovative ways to build,” Melvin said. “The sea container model was a model that I liked because it was durable. It really was a statement.

The Legacy was also conceived as a development of sea containers, but that concept was scrapped due to community resistance to the design. This delayed the project for about 10 months.

The shipping container version of the project was initially released with units starting at $ 350,000. The increase in lumber needed to build traditional townhouses increased that $ 400,000, and soaring material costs further affected the starting price.

“We are constantly monitoring the forecast to determine how we are doing and how competitive we are,” said Melvin.

The Legacy townhouses have drawn buyers from California, New York and Chicago looking for an urban lifestyle. (San Antonio Business Journal)

Half of The Legacy’s units have sold, according to Melvin. He said townhouse buyers came from places such as California, New York and Chicago and wanted an urban, pedestrian-friendly lifestyle that is becoming increasingly common in San Antonio.

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“People who have bought here, they want to walk to the river, to get there for a cup of coffee,” Melvin said. “They want to enjoy the sights and extracurricular experiences of San Antonio without a long trip.”

Click here to read the full article in the San Antonio Business Journal.

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