SATX360 Newsletter | 2023: SATX Around The Globe

There is no better time to be living and working in San Antonio than right now. The San Antonio region is committed to growing in a way that is smart and that will benefit all San Antonians. At this pivotal moment, we are making some of the most impactful and massive investments in our place that will help us see our commitment through for decades to come. 

This month, the San Antonio International Airport (SAT) announced the next phase of its more than $2.5 billion terminal development and expansion plan through conceptional renderings of its third Terminal. This announcement constitutes the first phase of the plan and will offer more capacity for inbound, outbound, and nonstop flights, including up to 17 new gates, 29,000 square feet of airline club lounge space, 41,000 square feet of concession space, and a new, more welcoming global entry. 

Our international airport, just minutes from our downtown business district, is key to supporting attracting new nonstop service that would support attracting new businesses and people to relocate to the region.  And speaking of downtown, right now there are approximately $3 billion in construction, nearly 60 projects, in development within our central business district set for completion in the next 5 years.

Redeveloped military bases at Brooks and Port San Antonio have been reshaped into prosperous economic hubs. Brooks just reached a significant milestone of more than $1.2B in investments on the campus, which include investments from manufacturers like Cuisine Solutions, Nissei Plastics, and Bakerly. And Port San Antonio has also surpassed the $1B mark for infrastructure investments alone, attracting companies like Boeing, Lockheed Martin, Booz Allen Hamilton, and others to establish operations.

From the private sector, CPS Energy and SAWS continue to invest in infrastructure to sustainably meet the needs of our increasing population.

These investments happening at this time are not by chance. They’re the result of collective efforts to align around a regional strategic vision and invest in our place to build an even greater future for our residents.

Together, we are driving greater connectivity for our region, which ultimately leads to more opportunities for San Antonians. 

Regional Updates

Black History Month in SATX

As San Antonians celebrate Black joy, resilience, and empowerment in this month of February, we are encouraged to reflect on San Antonio’s Black History. We look at the fight for better representation in the private sector and growth in our predominantly Black Eastside community.  With organizations like San Antonio for Growth on the Eastside (SAGE) leading the conversations and putting in the work to build a better future, we are committed to joining in on the hard work it takes to improve and sustain our Black Communities.

Here are some ways you can support Black communities this month (and every month!).

Victory Capital Leads as Newest SATX HQ

In San Antonio, people can build a life and leave a legacy. Victory Capital, through its specialized investment strategies, helps fuel legacy building for individuals and institutions. greater:SATX is proud to be part of Victory Capital’s story as they continue to grow and thrive in San Antonio.  

Investor Spotlight: O’Neill’s and Signature Catering

As one of the only DoD certified caterers in Texas, O’Neill’s Inflight Catering provides over a hundred thousand meals each year to our service men and women flying around the globe.  

Locally owned in San Antonio since 1995, O’Neill’s Inflight Catering and Signature Catering serve clients across Texas on the ground and in the skies. Driven by an elite team of owners, managers and employees with incredible culinary, service and logistical skills, these two catering companies are prepared to service our Texas communities each and every day for decades to come. 

We sat down with O’Neill’s Inflight Catering’s Owner, Neill Reagan to find out more about the companies and their impact in the Greater San Antonio region.  

Regional Highlight: Windcrest

Windcrest is a progressive city with a government focused on services for the citizens and with an aggressive economic development effort that enables a great business climate. Known as the “City of Lights”, Windcrest is a beacon of opportunity in South Texas and one of the best and brightest communities for business.

We sat down with the Windcrest’s Economic Development Coordinator, Karen Nelson, to learn more about this community. 

In the News

New terminal design signals major, billion-dollar changes at San Antonio airport: Conceptual renderings show a bright and modern airport terminal bigger than the two existing terminals combined, with up to 17 gates, lengthy passenger departure and arrival lanes, spacious waiting areas and club lounges and a lushly landscaped, open-air courtyard.
San Antonio among top U.S. real estate markets to watch in 2023: The real estate market for the combined San Antonio and New Braunfels area is receiving national attention for being ranked as one of the top 10 markets to watch in 2023, according to an annual outlook report from the National Association of Realtors. 
San Antonio ranked among top 10 best cities to buy a home in 2023: San Antonio became a migration hotspot during the pandemic. Many potential homebuyers have migrated to San Antonio from nearby Austin.
Spurs, Victory Capital announce partnership for new performance center: The Victory Capital Performance Center is set to open in late summer 2023 and will feature a state-of-the-art training facility for the San Antonio Spurs. The 134,000-square-foot building will be equipped with a motion capture shooting lab, environmental training room, hydrotherapy pools, sensory deprivation tank, team dining room, and performance kitchen.
Building boom: Brooks redevelopment reaches over $1 billion in total investment: The milestone follows the recent groundbreaking for the first Class-A office building at Brooks and the unveiling of plans to build almost 500 single-family homes intended as rental properties. 
Stay up-to-date with news from the region by subscribing to the News of the Day.

Alamo Fellows

Alamo Fellows is our latest workforce program, focused on supporting first-generation STEM students at our local 4-year institutions, with the goal of retaining talent in our community. 

Hear from the students directly about how this program is impacting their career pathways already. 

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Stay up-to-date with news from the region by subscribing to the News of the Day.

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