San Antonio’s growth doesn’t happen by accident. It takes vision, investment, and leaders willing to transform underused spaces into thriving places.
In this episode of Breaking Ground SA, Stephanie Reyes and Rob Killen sit down with David Adelman, founder and principal of Area Real Estate, to discuss his journey from buying his first rental property while still in high school to becoming one of the developers helping reshape downtown San Antonio.
Adelman shares how early entrepreneurial curiosity led him into real estate, his transition from residential investing into commercial development, and why he focuses on redevelopment and historic preservation. He explains how developers identify buildings with “good bones,” why adaptive reuse can be more sustainable than ground-up construction, and what it takes to bring new life to historic properties.
The conversation also explores several of Adelman’s projects including The Creamery, St. Paul Square, Sunset Station, and The Maverick, and the growing entertainment and cultural energy emerging in downtown San Antonio.
Stephanie, Rob, and David also discuss the importance of collaboration between developers, business leaders, and local government, and why thoughtful development plays such an important role in the long-term economic growth of San Antonio.
For developers, business leaders, and anyone interested in the future of Texas cities, this episode offers insight into the mindset behind building vibrant communities.
Topics Covered:
- (01:30) - Buying his first rental property while still in high school
- (07:20) - Transitioning from residential investing to commercial real estate
- (10:45) - Why he focuses on redevelopment and historic preservation
- (14:30) - Identifying buildings with “good bones” for redevelopment
- (19:40) - Sustainability, density, and smarter urban living
- (20:00) - Revitalizing St. Paul Square and Sunset Station
- (21:00) - Building entertainment and nightlife in downtown San Antonio
- (23:00) - Strengthening collaboration across San Antonio’s business community
- (28:30) - The role of policy in real estate development
- (37:00) - Mentoring the next generation of real estate leaders
- (40:40) - What excites him most about San Antonio’s future
Links and Resources:
RECSA – Real Estate Council of San Antonio
https://recsanantonio.com/
Area Real Estate
https://www.areatx.com/
St. Paul Square
https://www.areatx.com/stpaulsquare
The Creamery District
https://www.areatx.com/the-creamery
Breaking Ground SA is a podcast of the Real Estate Council of San Antonio (RECSA) exploring the people, projects, and decisions shaping the future of our city.
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