This ownership group plans to usher in new era for the building as a residence with 244 units for rent, expected to be completed in 2026.

Subsequent structures in the development were never built as a direct result of the Stock Market Crash of 1929 and the Great Depression.

The tower housed San Antonio's first Sears, Roebuck & Company store, originally occupying the building's basement and first 4 levels.

[4] A famous purchase at this Sears, Roebuck & Co. took place on Nov. 17, 1934 when San Antonio Postmaster Dan Quill purchased multiple wedding rings from the jewelry counter on behalf of his friend Lyndon Baines Johnson, who was getting married later that day.

Uncertain of the size, 12 wedding rings were purchased, with the one fitting Lady Bird Johnson's finger – and ultimately being selected – costing $2.98.