San Antonio’s Inner City Tax Increment Reinvestment Zone (TIRZ) took a significant step toward enhancing the city’s historic core on November 6. Board members, led by Councilman Jalen McKee‑Rodriguez (District 2), approved a five‑year, $2 million commitment to fund a grand staircase that will link the Villita Assembly Building directly to the River Walk.
Project details and community benefits
The proposed staircase will replace the existing switchback ramp with a wide, accessible stairway, a public elevator, and upgraded restrooms. By removing the barrier between the Assembly Hall and Villita Street, the project aims to increase foot traffic to the artisans’ shops in the La Villita Historic Arts District, fostering both cultural exchange and economic activity.
Attorney James McKnight, representing the development firm Escalara, described the wall separating the river from the building as an “economic and cultural barrier.” He emphasized that the new infrastructure will “connect history to history,” creating a seamless pedestrian experience for residents and visitors alike.
Private‑sector partnership
Private‑equity firm MLSA Ventures, managed by investor Robert Magee, purchased the 401 Villita Street property in 2024. Magee’s Escalara Capital, in partnership with Onset Hospitality, plans to transform the iconic circular building into a vibrant food hall. The redevelopment is expected to revitalize the site while preserving its historic character.
Local business owner Alex Cerna, who runs the arts store Yolix Luna, praised the plans, noting that the project is “not decorative; it is public infrastructure.” She added that the Inner City TIRZ has a strong track record of supporting initiatives that benefit the community.
Economic impact
According to McKnight, the Villita Assembly Building is currently valued at $6 million on tax rolls, generating roughly $35,000 in annual property taxes. He projects that, within three years of operation, the building’s value could rise to $47 million, potentially increasing tax revenue eightfold. This boost would provide additional resources for city services and further investments in the historic district.
Local‑resident requirements
Councilman McKee‑Rodriguez raised concerns that the TIRZ boundary appears to have been drawn to capture La Villita for funding. To ensure district residents benefit directly, he proposed an amendment requiring that half of all rotating galleries, pop‑up kiosks, and artist showcases be leased to artisans who reside in District 2. The board unanimously approved the amendment, and the recommendation now heads to the full council for final approval.
Board member Mohammad Rasool shared a personal note, saying his mother would be thrilled to see the stairs finally built, underscoring the project’s community resonance.
Other TIRZ actions
During the same meeting, the board approved a $350,000 expansion request from Gardopia Gardens and heard a briefing on a potential joint funding request from Southstar for the Lone Star Brewery project. Earlier in August, the Inner City TIRZ approved $46 million for an Eastside senior center and natatorium, illustrating the zone’s broader commitment to neighborhood development.
The staircase project reflects a growing focus on connecting San Antonio’s historic assets with modern infrastructure, supporting local artisans, and generating long‑term economic benefits for the city.
Original reporting: San Antonio Report — read the source article.
