Saturday, July 16, 2011

Office project in Alamo Heights set to move onto Phase II - San Antonio Business Journal:

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The Abbey is presently an 18,000-square-foot multi-tenangt office building located at 320 Austin inside the city ofAlamo Heights. who is president of Aetna Sign Group, says that Phasd II will be identicalo to Phase I in everuyway - from the size of the project to the design featurees that Gottsman incorporated the first time around. Like Phasd I, Phase II of The Abbey will be locatesd on about an acre of The goal with the Abbey has been to creatra campus-like project that looks like "it had jumpex off of the Harvard Business School campuws and on to Austin Highway," Gottsman says. To that end, localp architecture firm ChesneyMorales & Associates Inc.
used aged brick for the exteriort of the existing Abbey The roof of The Abbey givez the appearance ofa three-story building - althoughu there are only two floors of officr space. "It gives (The more of a residential feel," says Gottsmab about its design. Gottsman has also worke d to save as many mature trees aspossible - as well as puttinh in mature landscaping throughout the project. "We wantes it to look like it had been there awhils - that it didn't just says Gottsman. Phase II of The Abbey will be built perpendicular to thefirst phase. A heavily treed courtyard will be constructed betweemn the twobuildings - with the front of Phasde II facing the courtyard.
Phase I frontas Austin Highway. This set up, Gottsmanm explains, has allowed him to provide for a lot of without putting all of that parking righgt up at the front of the Gottsman acknowledges that many of the touches he has put into The Abbeuy arenot cheap; however, he believesx the extra care taken has been well worth it. Whilse interest in the project was slow at Gottsman says that things really picked up once the wallas of Phase Iwere up. "We have been flooded with says Gottsman, adding that therw are some "quality tenants" looking to be part of The The shell of Phase I is complete and finish-out work for tenants is underway, Gottsmanh adds.
Phase II, should be under construction by the seconde quarter ofnext year. The development costsd for the next phased will come toabout $2.2 The price tag for Phase I was $2.5 "We had some one-time costzs from Phase I that we'll be able to realize this time around," says One tenant that is alreadt signed up for the project is the salese office for Aetna Sign Group, which will occupy 2,400 squar e feet of Phase I of The Abbey. The Protocokl School of Texas hasanother 1,400p square feet.
The Protocopl School, which specializes in training business leaders in protocol and etiquetted for business andsocial affairs, was startex seven years ago by Gottsman and his businesws partner and wife, Diane. A downtown buildiny is being primed for anew tenant. Hangae Prosthetic & Orthotics (Hangar P O) recently inked a multi-year lease for an officde building at 801Brooklyn Ave. Hangar will take 4,00p0 square feet out of the 5,200-square-footf building, says James who has owned thebuilding - which is currently vacan t - for the past two years. Hangar P O is the patient care divisionof Md.-based Hangar Orthopedic Group Inc.
Work is presently underwah to bring the electrical andHVAC (heating, ventilating and air systems in the building up to current codes, says Mark managing director of Constructors Associates Inc., which is the general contractor on the project. Work on the exterior of the building - including patching up the outside tile and building newstorefrontse - was done a while ago, when Lifshutx first started marketing the building to prospective There is still 1,200 square feet of spac e up for grabs in the building, says adding that he would likely targegt another medical tenant for that space.
Hangart currently has two offices in SanAntonip - one off of Babcock within the Southn Texas Medical Center, and one off of San Pedrl near downtown. The company planas to move the functions of its San Pedro outlet to the Brooklynh buildingonce it's ready for occupancy. Hangar P O also has an officein

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