Citadel at Lookout Road
Citadel at Lookout Road is a to-be-built, Class A, gated rental community that features 303 units in ten 3-story wood frame buildings with more than 500 parking spaces on 11.7 acres. The land was acquired by the development team in July 2019 and construction commenced in December 2019. The property will feature a contemporary clubhouse outfitted with upscale community amenities including a cyber café, gourmet coffee bar and chef’s kitchen, state-of-the art fitness center, resort style swimming pool, dog park with dog wash station, and an open park area. The unit mix is a combination of 21 studio residences at 581 SF, 162 one bedroom residences averaging 744 SF, and 120 two bedroom residences averaging 1,048 SF.
The units will feature 9-foot ceilings, open concept layouts, plank-style flooring, stainless steel appliances, full sized washer and dryer, walk-in closets, and private balconies. Select first-floor units will feature private, pet-friendly yards.
Ranked as the 7th largest City in America, San Antonio continues to grow with young professionals and businesses. Over the last five years approximately 94,400 new jobs have been created in the area with over 36,000 jobs added between October 2018 and October 2019. The San Antonio MSA was ranked #3 nationally in employment growth (3.2%) and is predicted to increase in population by 7% by 2023.
The development site is located in the Northeast/I-35 corridor of San Antonio, with Austin less than an hour drive from the site. Northeast San Antonio is home to major employers such as: Randolph-Brooks Federal Credit Union, Amazon, Brandt Engineering, HVHC, Sysco, GE Oil & Gas, Judson ISD and Randolph Air Force Base. Randolph-Brooks FCU headquarters is located directly across Loop 1604 from the subject property and employs more than 1,300 people. Randolph Air Force Base, the headquarters and primary facility for pilot training in the United States which employs more than 11,000 people, is located less than 5 miles to the southeast.