Another old concrete building is being transformed into something new and different; this time, senior housing in San Antonio. The former National Grocer Company is giving way to the Grocer Lofts, a 48-unit project headed up by American Agape Foundation and Partners in Community Development.

The San Antonio Business Journal reports the team plans to apply for the Texas Department of Housing and Community Affairs’ 9% housing tax credits to help finance the project.

The site has been owned by Austin-based real estate firm Sabot Development for the last few years. Sabot listed the property for sale at $6.2 million and is still listed as the current owner.

The building was constructed in 1919. It’s approximately 70,000 square feet and built in the style of the day, solid concrete. It’s not known if the two groups will utilize historic tax credits, and other incentives to keep the building’s unique character.

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