As Texas Public Radio reported to you last month, San Antonio's downtown building vacancy rate is at 29 percent. Now that USAA has announced plans to locate some of its employees in a building downtown, city leaders hope more will follow.
The insurance company announced that 150 workers will report to One Riverwalk Place on the northeast corner of North St. Mary's and Convent in September. They'll occupy only a few floors of the tower bought by USAA Real Estate Company last year.
District 8 Councilman Ron Nirenberg praised the score for downtown.
San Antonio's downtown building vacancy rate is too high. The statement didn't meet with any arguments during a recent interview with Pat DiGiovanni, the former executive who worked as deputy San Antonio city manager and is now the president and CEO of Centro San Antonio.
In his new role, DiGiovanni leads the collaboration of initiatives aimed at making downtown San Antonio and the central business district more desirable, active and filled with people.
He said there is a 29 percent downtown building vacancy rate, and the challenge remains clear.
In a unanimous ruling Tuesday night, the Ethics Review Board found that Deputy City Manager Pat DiGiovanni violated the city's ethics code when he failed to recuse himself from a conflict of interest involving a city contract and his future employer.
Earlier this year, DiGiovanni took on oversight of the selection process for contractors in a $300 million bid to expand and renovate the Henry B. Gonzalez Convention Center.
The city's ethics review board will look at the case, which stems from DiGiovanni's new employment with the non-profit Centro Partnership, whose goal is to revitalize the downtown San Antonio area, and his role at the city.