Developer gets OK to build another 250 apartments at the Pearl

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Developer gets OK to build another 250 apartments at the Pearl
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The multifamily project is planned for a 2-acre industrial site at 102 E. Josephine St., which sits along the Museum Reach of the River Walk in the booming Tobin Hill neighborhood.

Renderings show what the nine-story, 250-unit apartment building at 102 E. Josephine St. will look like.The Pearl is expanding again. A city panel on Wednesday approved new plans by the redevelopers of the former brewery campus for a mid-rise apartment tower north of the property.

The Historic and Design Review Commission granted a certificate of appropriateness to Oxbow Development Group, the development arm of investment firm Silver Ventures, for architectural plans showing a nine-story structure with a brick facade and stone banding, exposed structural concrete and decorative metal guardrails.

A vacant, two-story warehouse and surface parking lot on the site will be demolished to make way for the building. The city’s Zoning Commission approved Oxbow’s rezoning request in November. Success! You're on the list. Acquired by a Pearl investor group in 2020, the property was most recently assessed at $7.1 million, according to tax records.

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