Bart Koontz couldn’t resist the urge to snag a swath of San Antonio land for industrial use after driving past it frequently.
His company, Koontz Corporation, acquired 11 parcels over a year for the Frontera Logistics Supersite, the San Antonio Business Journal reported. The 188-acre site within Loop 410 will be able to accommodate up to 2.8 million square feet of manufacturing and industrial uses
The ambitious project will be built on farmland at Interstate 35 and Somerset Road.
Koontz had the land rezoned from its original agricultural use. It’s unclear how much the firm paid for the land, but Bexar County records show the company borrowed almost $6.2 million from Jefferson Bank as part of the deal.
“I kept looking at that land,” Koontz told the outlet. “There’s not a lot of trees. It’s flat. It’s inside Loop 410, which was the big thing for me. I was thinking proximity to labor.”
He had to convince 26 owners within the same family to sell their parcels, and luckily they were already in the mindset to sell. The site is located outside the Edwards Aquifer Recharge Zone, meaning there are fewer restrictions on development.
Koontz is in no rush to break ground on the project, as there are a slew of nearby industrial developments in the works. He wants to make sure a plan is full-fledged before proceeding, he told the outlet.
Beaty Palmer Architects is the designer of the Frontera Logistics Supersite, and Vickrey & Associates is the engineer. Partners Real Estate will manage sales and leasing.
“This is the largest developable infill site left in San Antonio that is receptive to industrial and manufacturing, and it’s truly rare to find so many exciting features in one site near the San Antonio central business district,” Partners’ John Colglazier told the outlet.
—Quinn Donoghue