Weston Urban is led by Graham Weston, the one-time San Antonio billionaire who founded Rackspace Technology Inc. SanAntonio SATX SanAntonioTX Downtown Development
The 12,655-square-foot abode is set to be sold to Weston Urban for $2 million, paving the way for the developer to restore the property — which also includes a carriage house and greenhouse — as a restaurant, hotel and entertainment space, the daily reports.
Weston Urban is led by Graham Weston, the one-time San Antonio billionaire who founded Rackspace Technology Inc. Located at 310 W. Ashby Place, the mansion was built in 1901 for Pearl Brewing magnate Otto Koehler. According to the, Koehler deeded the estate in 1971 to the San Antonio Union Junior College District for the use as the Koehler Cultural Center in 1971.
During its stint as a cultural center, the building housed ceramics, art metals and jewelry design studios for the visual arts and technology department.Express-NewsWeston Urban has renovated historic downtown buildings for offices and retail, including the Savoy and Rand buildings along Houston Street. It also developed — and is now looking to sell — Frost Tower and is preparing to erect a 32-story luxury apartment high-rise, both located in the center city.
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