Central at Commerce: Affordable Housing Finally Gets a Downtown Zip Code

San Antonio’s East Side is getting a $91.2M affordable housing complex near the Alamodome. Central at Commerce will bring 279 units to folks earning 30–70% AMI—finally, an apartment you don’t need Spurs season tickets to afford.

San Antonio affordable housing, East Side apartments, Central at Commerce, Alamodome development. 

San Antonio finally decided to put some “affordable” in affordable housing. Meet Central at Commerce—a seven-story, 279-unit complex landing smack near the Alamodome. It’s like the developers asked, “What if people who actually work downtown could also afford to live near downtown?” Revolutionary.

This $91.2 million project isn’t just a building—it’s basically urban infill with a conscience. We’re talking gyms, a pool, playgrounds, balconies… the kind of stuff you normally only get after selling a kidney to rent in Pearl. Only here, rents are pegged to folks making 30%–70% of area median income. Translation: teachers, service workers, first responders—the backbone of the city, not just the Instagram crowd.

Why should buyers and sellers care? Because when affordable housing drops this close to downtown, the East Side’s property values and desirability start flexing. Investors—pay attention. These projects are backed by tax credits and bond money, which means the city’s practically gift-wrapping opportunities for those who know how to play ball.

And let’s be real—279 units within walking distance of Spurs games, concerts, and Monster Jam? Somebody’s gonna call it “luxury adjacent,” and I’ll let them. But hey, at least it’s not another empty parking lot by the Dome.

central-at-commerce

Quick Data Points 

  • 279 units, 7-story building.

  • $91.2M total cost, with ~$41M from low-income housing tax credits + $6M city bond.

  • Construction starts Jan 2026, completion slated for spring 2028.

Hit us up always if you have any questions on this San Antonio project or any others as we are always happy to be your trusted resource expert for all things San Antonio real estate related!