Avenue A Retail

Avenue A Retail is a new construction project located at 303 Peal Pkwy in San Antonio, Texas. The development consists of two distinct retail buildings, designated as Building 5-1 and Building 5-2. Building 5-1 covers 1,000 square feet, while Building 5-2 covers 550 square feet, bringing the total project size to 1,550 square feet. The estimated cost for this development is $602,292, which calculates to $389 per square foot.

The project is owned by Rio Perla Properties, LP, with Alamo Architects serving as the design firm of record. Robert V Buck is the registered accessibility specialist associated with the filing. The work is privately funded on private land for private use. TDLR completed the plan review in August 2026, and the status is listed as Review Complete. Construction is scheduled to begin in December 2026 and is scheduled to finish in January 2028.

Project Context and Comparison

This project’s estimated cost is close to the county median for new construction in Bexar County, which stands at $600,000. However, the cost per square foot of $389 is above the county median of $115. The scheduled build window of 396 days is longer than the county median of 208 days. In the local market, Bexar County’s unemployment rate was 4.7 percent in July 2026, higher than a year earlier.

Rio Perla Properties, LP has six other TDLR-registered projects totaling $18,793,879. These include Building 1-1, Building 1-2, and Building 1-3, which are review complete. Alamo Architects has six other registered projects totaling $70,444,879, including MVISD Elementary School #7, which is registered. Local coverage, such as a Facebook post by MySA, noted that Pearl could add 10 new buildings in a major San Antonio expansion, with the Garage potentially transformed into smaller storefronts along Avenue A.