Soap Factory tenants get nothing if school district kills baseball stadium project, Weston Urban says

by Michael Karlis

Real estate firm Weston Urban on Friday warned residents of the Soap Factory Apartments they won't receive a $2,500 relocation stipend if San Antonio ISD doesn't sell land needed for the downtown ballpark the company wants to develop. Earlier this fall, City Council and Bexar County Commissioners Court signed a deal with the owners of the San Antonio Missions minor-league baseball team and Weston Urban to move forward on developing a $160 million sports facility. The paperwork included a clause stipulating that tenants at the Soap Factory — a low-cost downtown complex owned by Weston Urban — would receive a $2,500 relocation stipend to help locate new housing. Weston Urban plans to demolish the Soap Factory to make way for luxury condominiums as part of the stadium project.
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