President's POV
San Antonio is in a moment of real forward motion. Employers are investing. Our target industries are growing. Our workforce pipeline is stronger and better aligned to industry needs than ever. When our team meets with site selectors and corporate leaders, the conversation sounds different than it did five years ago. We are no longer just talking about the momentum in our region. We are demonstrating it in the data.
That progress reflects years of intentional investment.
Since 2021, our team has secured more than $7.5 billion in capital investment that has created 19,400 good-paying jobs. Those are almost 20,000 new paychecks and new career paths for local families. San Antonio led Texas in wage growth and job creation in 2024, and the Dallas Fed projected we’d do it again in 2025. These investments signal that employers believe Greater San Antonio is where they can grow.
As a region, we have prepared for this moment. We readied sites, strengthened infrastructure, and built high-quality workforce programs to train and keep talent. That foundation is exactly what companies look for when choosing where to expand high-wage operations. They look for confidence. Confidence builds momentum. Momentum delivers jobs.
Here’s how we keep that momentum going.
We continue to invest in people. Talent is a major driver in corporate relocation and expansion decisions. Can our region build the team a company needs today and grow the team it will need five years from now? In Greater San Antonio, the answer is increasingly yes because this community invests in workforce development at scale, aligned with the industries we’re seeking to grow here. Voters backed SA Ready to Work and, more recently, the Alamo Colleges District $1 billion bond, supporting our education partners in expanding training and credentials tied to real demand. Those choices matter because good-paying jobs follow talent.
We also compete on place. Companies choose communities where people want to live. They look for vibrant, walkable districts that have a mix of housing, dining and entertainment options, culture, green spaces, and energy in the urban core. When those ingredients are in place, we can win headquarters and major office investments that multiply opportunity across our economy.
That is why the proposed Sports & Entertainment District, supported by Propositions A and B on the November 4 ballot in Bexar County, is so important. This is not just about venues. It is about creating a downtown district with offices, apartments, street-level retail, restaurants, and public green space that stays active seven days a week. Places like The Battery in Atlanta, Mission Rock in San Francisco, and Power & Light District in Kansas City show what is possible when a district is built with intention and community in mind.
These are the investments that keep our economy strong. A strong economy is how we fund better streets, safer neighborhoods, quality schools, and attainable housing. Saying yes to projects that strengthen our downtown and our region’s identity is saying yes to a more competitive, more prosperous, and more affordable San Antonio.
That is why greater:SATX endorses Propositions A and B. We are confident this plan can deliver economic development outcomes that arena-only approaches could not. A district brings everyday activity, year-round customers for small businesses, and a sense of place that helps us attract and retain talent.
This is our moment. We have always chosen our future together. This is an opportunity to leave a legacy our future generations will be proud of—a city built for them, and a city where opportunity belongs to everyone.
Greater together,
Sarah Carabias Rush
President & CEO
Investor Spotlight: Trinity Real Estate Finance
Trinity Real Estate Finance is a San Antonio–founded firm celebrating 30 years of arranging and closing commercial mortgages across Texas and nationwide. With offices in San Antonio and Austin, Trinity finances everything from offices and industrial to multifamily, retail, hotels, and self-storage, sourcing capital from life companies, banks, credit unions, and the agencies. Deeply rooted in San Antonio, the team prides itself on client service and has backed marquee projects like the Continental Hotel redevelopment with Weston Urban.
In the News
Austin-San Antonio growth summit tackles challenges of I-35 corridor: The I-35 corridor between San Antonio and Austin is rapidly coalescing into a single megaregion projected to reach 8.3 million people by 2050, and at the Austin–San Antonio Growth Summit in San Marcos, leaders emphasized strategic planning, mobility infrastructure, and workforce development to balance rapid growth with sustainability.
H-E-B names its first female president; Roxanne Orsak takes the helm in January: H-E-B has named Roxanne Orsak, its current COO and the first woman to lead the 120-year-old San Antonio grocer as its next president, succeeding Craig Boyan upon his January retirement. Orsak joined the company in 1988 as a trainee.
San Antonio’s Zachry Construction acquires Plano general contractor:San Antonio–based Zachry Construction Corp. acquired Plano’s Crescent Constructors, a water and wastewater contractor, adding 100+ employees (now 2,500+) and strengthening its position in the fast-growing water infrastructure market.
New battery system goes live, boosting CPS Energy's grid: CPS Energy has launched Padua 1—a 50-MW battery system operated by Eolian that connects to its grid to store excess power for peak demand—advancing Vision 2027’s goal of 520 MW of contracted storage and following recent deals for an additional 350 MW.
Regional leaders push for new highway linking I-35 and Texas 130: Economic development officials from San Antonio, Austin, Hays County, and New Braunfels are jointly pushing a new east–west highway to link I-35 and SH 130. The only current connector, Texas 80, narrows to one lane each way east of San Marcos across a 40-mile stretch.
Locals pony up to turn 1930s-era Fort Sam building into military health hub: San Antonio plans a $40 million renovation of Fort Sam Houston’s historic South Beach Pavilion into modern offices to support the Defense Health Agency consolidation. San Antonio is the Air Force’s preferred location, which could bring thousands of jobs.
VelocityTX deal with Pentagon beefs up collaboration in medical research: VelocityTX has signed a research agreement with the Defense Health Agency, naming it a “trusted partner” to enable military–civilian collaboration and advance a $60 million military medical collision center by its downtown biotech campus.
Alamo Colleges promise program wins national accolades: AlamoPROMISE has served 30,000+ Bexar County students in five years, generated an estimated $1.1B in economic activity supporting around 7,800 jobs. The program has helped raise the college-going rate from 48% to 64%.
Proposed parkway could reshape South Texas: The Alamo RMA is preparing an RFQ to start schematic design work on the proposed $1.5B, 13-mile South Texas Parkway linking I-37 and I-35 south of Loop 410.