San Antonio's first student housing cooperative (CoOp) complex is underway for development at 511 El Paso (just off Frio Street), which is located just south of the University of Texas at San Antonio downtown campus. Developer Michael Spencer announced the 12,000-square-foot warehouse will house approximately 40 students and more by fall 2013 if all goes well.
CoOps are a form of housing controlled democratically by the residents. In Austin and across the U.S., CoOps have been both wildly successful and create a unique living identity within the community.
To learn more about the project, click here.