Upcoming Jefferson Bank headquarters on Broadway gets first tenant: Still Golden

by Ben OlivoJanuary 31, 2020

Jefferson Bank has reached an agreement with Still Golden Social House that will keep the popular cocktail bar on East Grayson Street, the bank announced Thursday. The bar will remain open through May 23, at its location on the corner Broadway and East Grayson, then go on a two-year hiatus while the bank's new headquarters is built.

Still Golden's aging one-story building, which sits on the corner of Broadway and East Grayson, is the only structure that remains standing on the block; the others have been razed or moved in anticipation for construction. In June, the building will be demolished and Jefferson Bank will begin construction on its $62 million, 13-story headquarters on the square block bound by Broadway, East Grayson, North Alamo and East Josephine streets.

In 2022, Still Golden is expected to move into a retail space, one of four in the new building, on the corner of East Grayson and North Alamo, the bar's owner Jeret Peña said via text.

Scroll down for more info.

Rendering of 13-story Jefferson Bank headquarters building to be located at 1900 Broadway. Rendering reviewed by HDRC Dec. 18, 2019. Courtesy Don B. McDonald, Architect
Courtesy Don B. McDonald, Architect, San Antonio. Submitted to HDRC Dec. 18, 2019.

Details

» Developer: Milam Real Estate Capital (for Jefferson Bank)
» Address: 1900 Broadway
» Property owner: Jefferson Bank
» Type: Office with retail
» Height: 13 stories
» Units/square feet: 190,000 s.f. office; 15,000 s.f. retail
» Land size: 1.8 acres
» Cost: $62 million, according to state documents.
» Investors: N/A
» Incentives: None
» Rate of return on investment: N/A
» Construction start date: June 2020
» End date: Spring 2022
» Occupancy: The bank is expected to use half of the new building—200 to 300 workers—and lease the remaining space to other tenants.
» Architects: HKS Architects (Dallas); Don B. McDonald/DMA Architects (San Antonio)


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Timeline

DEC. 18, 2019
HDRC approves design for 13-story Jefferson Bank’s headquarters building. It's unclear whether Still Golden Social House will be incorporated into the new building. In early December, Plack Carr, Milam Real Estate Capital’s managing director, and Jeret Peña, Still Golden’s owner, declined to comment on the bar’s future. Peña said at the time Still Golden has eight years left on its lease. One of three mid-rise office buildings going onto the fast-changing Broadway corridor. Read more

DEC. 3, 2019
Zoning Commission approves rezoning of the property where Still Golden Social House sits at 1900 Broadway. The vote paves the way for Jefferson Bank to control the entire square block, bound by Broadway, East Grayson Street, North Alamo Street, and East Josephine Street, for its future headquarters building. Read more

AUG. 22, 2018
Three shotgun-style homes on North Alamo Street are prepared for relocation. Read more

JUNE 28, 2018
Jefferson Bank executives purchase 1.7 acres of land on Broadway and East Grayson Street, except for Still Golden Social House. Read more

More images

Rendering of 13-story Jefferson Bank headquarters building to be located at 1900 Broadway. Rendering reviewed by HDRC Dec. 18, 2019. Courtesy Don B. McDonald, Architect
Courtesy Don B. McDonald, Architect, San Antonio. Submitted to HDRC Dec. 18, 2019.
Rendering of 13-story Jefferson Bank headquarters building to be located at 1900 Broadway. Rendering reviewed by HDRC Dec. 18, 2019. Courtesy Don B. McDonald, Architect
Courtesy Don B. McDonald, Architect, San Antonio. Submitted to HDRC Dec. 18, 2019.
Still Golden Social Club, 1900 Broadway
In this photo taken December 2019, Still Golden Social House stands at 1900 Broadway. Photo by Ben Olivo | Heron

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