USA: Marina in ‘preserve’ plans for North Padre Island

Whitecap Preserve will consist of 50 acres (20ha) of commercial development, and the balance will be residential, hotel, marina/boat barn, mixed-use, and a nature preserve. The project will be developed in phases, with full occupancy expected in seven to ten years.
The developer submitted a Public Improvement District (PID) petition to the Corpus Christi City Council in February. The PID, at Ashlar Development’s request, adds an assessment on the property within the district, which is used to pay for the cost of public infrastructure that benefits the properties within the district.
“This new development will be a catalyst for not only North Padre Island but the city of Corpus Christi,” said Mayor Paulette Guajardo. “I am so excited about what this means to Corpus Christi in terms of tourism, growth and economic development.”