"A Done Deal" – Rackspace is moving into one of my old haunts

Windsor Park Mall – once one of the premier malls in San Antonio has been vacant for a number of years.  Besides a brief stint as a Katrina Refugee Center it has been largely neglected.

This mall went from the second most popular mall in San Antonio to being out of business 15 years later.  A changing demographic and huge growth on the other side of San Antonio took it’s toll.

This used to be the place I shopped in San Antonio.  Before Target or Walmart offered once stop shopping for everything.

So now Rackspace has a deal with 14 years tax free – a HUGE facility that will allow them to expand from ~1500 employees here to three times that.  Maybe more.  And a major growth-driver in the Northeast side.  This is one of those cases where I think everyone wins.  The city, the landlord, the people, and the employees.

I do like Rackspace!