In 2006, a group of Las Vegas investors slipped into town and began buying some South Side properties and optioning others through paper companies that existed to obscure the buyer's identity, a tactic commonly used by major assemblers of land. By the time Triple L Management ended its buying spree, it had spent about $55 million for roughly 3,000 acres between Toyota's pickup plant and Loop 410 South. The out-of-towners paid with cash, stunning SA's real estate community and touching off a flurry of lame jokes about the mob's newfound interest in San Antonio. But more importantly, the display of financial muscle helped create huge expectations, every bit as much as the dazzling blueprint for a master planned community produced by Scott Polikov's Austin-based Gateway Planning.
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