ICYMI: Luxury apartments set for La Cantera, and it's time to show us your Fiesta medals!

Weekly Wrap: This week in San Antonio, even as the apartment market shows signs of trouble, luxury apartments are coming to La Cantera; and VIA gets a federal funding boost for Advanced Rapid Transit lines. Click the links in the text to read about these top stories and more news of the week, right here!

Toil and trouble

Signs point to trouble for the San Antonio metro area apartment investors, according to a recent article from residential real estate reporter Ramzi Abou Ghalioum.

A story from commercial real estate reporter James McCandless seems to support the idea that the apartment market is in turmoil, with a North Side apartment complex selling for millions less than its appraised value in a foreclosure auction.

In spite of the downturn, multifamily developers are still keen on construction, particularly in some areas of San Antonio. In fact, according to an exclusive interview, luxury apartments are planned for La Cantera.

Show your medal

Viva Fiesta! The Alamo City's annual celebration is weeks away, and it's time to submit your medals for San Antonio Business Journal's 2024 Fiesta medal contest. Learn more about the contest and how to submit Fiesta medal entries, here. Time is running out!

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Rapid transit

VIA Metropolitan Transit is poised to receive more than hundreds of millions of dollars in federal funding for its development of the city’s first Advanced Rapid Transit lines. Find out what that means for the city and what areas of the city the first ART lines will target in senior reporter W. Scott Bailey's recent article, here.

Alpha and o-Mega metro

In this week's cover story, SABJ's Bailey talked to numerous area stakeholders and a University of Texas at San Antonio economic development expert to see how the Austin-San Antonio megaregion could result in benefits for the popular capital city and the Alamo City, as well as what it could look like if San Antonio expands southward. Read more, here.

Weekend wind-down

Each week, retail and restaurant reporter Jalen Lopez tells us what's on the menu and in the works at area eating establishments and what's happening around town. In this week's Restaurant Roundup, Bar Lorreta opens a new market; Plaza San Antonio Hotel & Spa is hosting an eclipse viewing event; and Cuarto De Kilo is now open at its first location in the United States.

In honor of Women's History Month, the Pearl is celebrating women-run businesses and the women who run them. Check out the Women of Pearl and possibly plan a visit to the popular destination.

Looking for more of this week's top business news? Check out our website, here.