The St. Anthony Hotel is the featured project of the Foss Texas 2015 Fund and it was also one of the first project’s to receive a bridge loan from Foss Bridge Credit, LLC. The St. Anthony opened in 1909 and for many years it was the most prominent hotel in San Antonio (the business plan for Southwest Airlines was famously created in the hotel’s bar). After years of deferred maintenance, San Antonio based development firm BC Lynd Hospitality purchased the hotel in 2012 and began a $60 million renovation project to return the hotel to prominence. Construction was completed in May 2015 and the hotel now contains 277 hotel rooms, 30,000 square feet of ballroom space, a high end restaurant, and a rooftop pool. Established in late 2014, the Texas Historic Preservation Tax Credit Program went into effect on January 1, 2015. The St. Anthony Hotel represents the very first project to be issued Texas Historic Tax Credits by the State program.
San Antonio, TX