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Former Frost HQ renovation now costing City of San Antonio $141M | The Daily
Switch to the of this page.The City of San Antonio’s renovation of the former Frost Bank headquarters on West Houston Street has increased by $15.6 million to a total of $141 million, according to city officials who presented the City Council with a financial update on Thursday.The council unanimously agreed to amend the contract with the Skanska-Nunnelly joint venture, which is overseeing what city officials call the City Tower project.In 2015, the city purchased the circa-1975 building from Frost Bank for $52.9 million in a complex deal with the bank and developer Weston Urban that...…Switch to the of this page.The City of San Antonio’s renovation of the former Frost Bank headquarters on West Houston Street has increased by $15.6 million to a total of $141 million, according to city officials who presented the City Council with a financial update on Thursday.The council unanimously agreed to amend the contract with the Skanska-Nunnelly joint venture, which is overseeing what city officials call the City Tower project.In 2015, the city purchased the circa-1975 building from Frost Bank for $52.9 million in a complex deal with the bank and developer Weston Urban that...WW…
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