DEPARTMENT: Center City Development & Operations
DEPARTMENT HEAD: John Jacks
COUNCIL DISTRICTS IMPACTED: Council District 1
SUBJECT:
Disposition: Sale of Property located at 421 S. Alamo
SUMMARY:
An ordinance to declare as surplus The German-English School located at 421 S. Alamo, described as a 0.9827 acre (42,807.90 square feet) tract of land being a portion of Lots 4 and 5, NCB 155, and a portion of Lot 10, NCB 155, in Council District 1, and authorizing its sale to HH San Antonio LLC for $1,900,000.00.
BACKGROUND INFORMATION:
The City of San Antonio acquired property commonly known as The German English School (a portion of Lots 4 and 5, NCB 155) in 1953 as part of a property exchange with SAISD. The adjoining parking lot (Lot 10) was acquired in 1965 as part of a property exchange with St. John's Evangelical Lutheran Church, and the property is historic. The City has leased the property since 1978. The current Lessee is HH San Antonio, LLC on behalf of the Marriott Plaza San Antonio. The property is used as a Conference Center/Event Venue for the Marriott Plaza Hotel. Petitioner's current lease ends on March 31, 2018 and has a ten-year renewal option.
There are two masonry buildings on the property that were constructed circa 1859. The south building is used for storage. Petitioner would like to convert it into usable conference space to include a large meeting room on the first floor, meeting rooms on the second floor, kitchen renovations and renovation of the bathrooms. Petitioner plans to update the d?cor in the north building. Total renovation costs of both buildings will be an investment of approximately $1,200,000.00. Petitioner requests the City declare the property as surplus and authorize its sale so Petitioner can complete the renovations which will allow both buildings to be utilized as meeting space.
The request was canvassed throughout City departments and municipal utilities and was appro...
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