Shiner Beer owner puts $ 1 million behind Alamo design

The Impetus Foundation, led by Spoetzl brewer owner and philanthropist Carlos Alvarez and his family, has donated $ 1 million to the Remember the Alamo Foundation.

The gift will support the preservation and restoration of the Alamo soils as part of a wider transformation of the historic site.

This Alamo project will include a new showroom and collection building, due to open later this year, that will house the Phil Collins Texana collection. The 24,000-square-foot construction will include a second-floor area overlooking the Alamo Gardens to be named Alvarez Family Terrace in recognition of the gift.

Alamo Trust Inc. officials stated that the unique outdoor area will be available for special events and other gatherings to help further preserve the Alamo and surrounding structures. The Exhibition Hall and Collections Building will also house A Collector’s Journey, an exhibition inspired by the Phil Collins collection. In 2014, Collins donated his artifacts to the Texas Land Registry. His collection of other donors led to the construction of the first new building on the Alamo site since the 1950s. Collins is a singer and songwriter perhaps best known for his tenure at Genesis.

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In February, the Business Journal reported that a years-long downtown real estate battle over Texas’ most recognizable landmark ended as Phillips Entertainment reached an agreement with the Texas Land Office for an early termination of leases on the Woolworth and Plaza buildings. across. from Alamo. As a result, the company will close three of its operations at Alamo Plaza to pave the way for work on a planned $ 150 million Alamo Museum and Visitor Center that will help consolidate the Alamo area’s biggest transformation.

The CEO of Alamo Trust Inc. Kate Rogers said in January that stakeholders needed to raise about $ 140 million through private sources to fund significant improvements.

Editor’s note: This story was published via a partnership between KSAT and the San Antonio Business Journal.

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Shiner Beer owner puts $ 1 million behind Alamo design

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