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Allen Harrison snags 12 acres in massive San Antonio development
Plans apartments near H-E-B that’s under construction
![Allen Harrison Snags 12 Acres Near Planned H-E-B in San Antonio](https://static.therealdeal.com/wp-content/uploads/2023/10/Allen-Harrison-Snags-12-Acres-Near-Planned-H-E-B-in-San-Antonio_Main-1400x875.jpg)
Allen Harrison Company plans to add to a massive mixed-use project along the rapidly expanding Interstate 10 corridor between San Antonio and Boerne.
An affiliate of the Houston-based developer has acquired roughly 12 acres in the 118-acre Lemon Creek Ranch development with plans for a multifamily project, the San Antonio Express-News reported.
![Allen Harrison Snags 12 Acres Near Planned H-E-B in San Antonio](https://static.therealdeal.com/wp-content/uploads/2023/10/Allen-Harrison-Snags-12-Acres-Near-Planned-H-E-B-in-San-Antonio_Main3.jpg)
The Allen Harrison venture borrowed $4.4 million to help fund the purchase, public records show, although it’s unclear how much the entity paid for the site near Old Fredericksburg Road.
![Allen Harrison Snags 12 Acres Near Planned H-E-B in San Antonio](https://static.therealdeal.com/wp-content/uploads/2023/10/Allen-Harrison-Snags-12-Acres-Near-Planned-H-E-B-in-San-Antonio_Main2.jpg)
Lemon Creek Ranch, which is being marketed by Valcor Commercial Real Estate, is set to include up to 700 residential units; 850,000 square feet of office, retail and restaurant space; 25 acres of parkland; and 5 acres reserved for entertainment activities along the creek.
The only construction underway at Lemon Creek Ranch is a 106,000-square-foot H-E-B grocery store, slated to open in the first quarter of 2024, the outlet said. This will be H-E-B’s third store within a 10-mile stretch of I-10, serving the rapidly growing populations of northwest Bexar and Kendall counties, particularly in Boerne.
The arrival of an H-E-B can often trigger a development boom in the surrounding areas. The San Antonio-based chain is as much of a giant in the grocery industry as it is in real estate, controlling nearly 5 million square feet and leasing space to more than 1,500 tenants.
H-E-B serves as the anchor tenant for a number of large-scale mixed-use projects. In the north Austin suburb of Georgetown, for instance, the 164-acre Wolf Lakes Village will feature a 121,000-square-foot H-E-B store. The company will also have a 100,000-square-foot store in Howard Hughes Corporation’s 11,500-acre Bridgeland Central community.
—Quinn Donoghue
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![A photo illustration of Iva Wolf McLachlan, Donald McLachlan and a rendering of Wolf Lakes Village in Georgetown, near Austin (Getty, Wolf Lakes Village)](https://static.therealdeal.com/wp-content/uploads/2023/05/ft_TX_Georgetown-development.jpg)
![The Howard Hughes Corp's Jim Carman with Bridgeland Central](https://static.therealdeal.com/wp-content/uploads/2022/10/FT-Howard-Hughes-Corp-150x106.jpg)