Palladium Old Farm 471 W in San Antonio, TX

Palladium Old Farm 471 W is a new construction project in the Alamo Ranch area of San Antonio, Bexar County. The development comprises 390,248 square feet of apartments for rent, with an estimated cost of $43,000,000. The site is located along Old Farm to Market 471 W, in the 78013 ZIP code area. This large-scale residential build represents a significant addition to the local housing inventory, distinct from the smaller commercial or institutional projects often seen in the region.

Project Scale and Cost

The estimated cost of $43,000,000 places this project above the county median for new construction filings. In Bexar County, the median estimated cost for similar registrations is $600,000, with the middle half of projects ranging between $216,098 and $2,000,000. The size of this development is also substantial, far exceeding the median new construction size of 6,328 square feet. The cost per square foot is calculated at $110, which is close to the county median of $115 per square foot. These figures indicate a high-value development relative to typical local filings.

Construction began in January 2024, following plan review completed in April 2023. The scheduled build window was 547 days, which is longer than the county median of 207 days. The project was registered with the Texas Department of Licensing and Regulation (TDLR) in April 2023. The registered accessibility specialist for the project is Jeffrey A Gutknecht. The filing indicates that the project involves public funds, public land, or is a Federally funded roadway project, though the primary scope is residential apartments.

Current Status and Completion

The final inspection for the project passed in May 2026. The completion date listed on the original filing was July 2025. TDLR closed the project file in October 2026, which marks the end of the accessibility review process for this construction. The status of the TDLR record is now Project Closed. This closure confirms that the administrative and accessibility review phases have concluded for this specific registration.

The area around the project includes several established businesses and institutions. Nearby entities include Extra Space Storage, Country Oaks, NISD Transportation—McClung Station, and Stonebridge Baptist Church. Other registered projects in the immediate vicinity include NISD Sensory Play Area, Rimrock Plaza, Missions Emergency Center, and The Shops at Sawmill Glade. The Alamo Ranch neighborhood is part of the broader San Antonio metro area, serving a population of approximately 5,305 residents according to U.S. Census estimates for the 78013 ZIP code.