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Construction on South Padre Island, during 1971 which set a record of $1 million, spared to $6 million in 1972, permits at the County Engineer's office in Brownsville have revealed Beginning in the spring of ‘72 new construction has included condominiums, hotels, marinas and residential construction. Entering the first month of ‘73, there is con struction projected through the next three and four years with a backlog of $40 million. Some of this will be by projects now under way and does not include several expected to be an nounced within 90 days South Padre’s first high rise condominium, the eight-story Padre South, has been complete except for interior details. It is on the Gulf side of the island and contains 122 units, built at a cost of above $2 million and owned by Canfield and Shaw En terprises of Norman, Okla A 38 acre tract on the Gulf and on the Laguna Madre sides of the island is being developed by Marisol Corporation, which has projected $15 million in construction for this year, according to R.E. Spriggs president. The first phase will provide 64 units and Phase II will have 47 three-story units, and the Bahia Mar Hotel, a $6 million project on the Gulf side, will have 200 rooms, Spriggs said. Work on the yacht basin and marina on the lagoon side is due to start this month, he said, and will have 154 town houses, a restaurant, and recreational facilities adjoining the marina. Ttaniff International Hotels has a 20-year contract to operate the facility. John Leer, president of the hotel division in Dallas, has said Other condominiums building in 1973 wall include the Tiki, a 144 unit facility on the Gulf beach, which estimates con struction of $2,360,000; the Isla del Sol, with $1,051,833, and the multi-million dollar Holiday Inn complex to be known as Gulf point and to be located on the Gulf and lagoon near the new CauseWay approaches to the Island. Development of the 61- acre site is projected over several years, Tom Woodward, president of Southwestern Dynamics, Inc., and Jack Pratt, president of Prattco, Inc., both Dallas firms, have indicated. Construction of a new Coast Guard station, costing around $950,000, and a $300,000 Marine Laboratory under the Sea Grant Program, have been announced but no definite financing or construction dates have been announced on these projects.
Newspaper Details
Port Isabel South Padre Press
Port Isabel, Texas, US
Thu, Jan 18, 1973
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TX, USA 15 Oct 2025
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