OtherUnder review

Somerset Grove TIRZ No. 38

San Antonio

Description

The board reviewed amendments to the development agreement, project plan, and finance plan alongside a developer reimbursement request.

Impact summary

Affects public infrastructure funding and development timelines within the Somerset Grove reinvestment zone.

Applicant

Name: Lennar Homes of Texas Land and Construction, LTD

At a glance

Hearings: 1
Public comments: 0
Total mentions: 1

Last discussed Feb 24, 2026.

Meeting timeline (1)

Feb 24, 2026

Tax Increment Reinvestment Zone No. 38 - Somerset Grove - Feb 24, 2026

The board reviewed amendments to the development agreement, project plan, and finance plan alongside a developer reimbursement request.

Related issues (1)

Somerset Grove TIRZ Project and Finance Plan Amendments

A $277 million mixed-use development on six vacant acres next to the River Walk and art museum. The city would reimburse up to $7.5 million for public infrastructure like roads, a pedestrian bridge, and an under-highway park, with 25% of the tax increment going to affordable housing.

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