Earlier this week GlobeStreet.com a leader in commercial real estate coverage and analysis reported that “The heavy lifting has been done” in preparation for breaking ground on the new Conference Center Hotel located at Cinnamon Shore on Mustang Island. The center will be a multi-purpose building to accommodate a wide variety of events and is slated to open in 2021 for gatherings of 500 to 2,000 people.
The new conference center is one of many new tourism developments planned or underway. A luxurious new bayside marina resort backed by an international hospitality brand is coming soon as well. These developments are coming as the number of Port Aransas visitors arrivals have exceeded last year’s numbers by 40%. Those arrivals are expected to rise thanks to the upcoming special events this Fall Season.
Commercial and residential construction continues at Cinnamon Shore, Sunflower Beach and Palmilla Beach adding to the Port Aransas housing and hospitality market.
Mustang Island is home to the luxurious beachfront resorts Cinnamon Shore, Palmilla Beach and Sunflower Beach. These unique communities make up what has been called “The New Texas Coast.” They each feature new urbanism design elements that combine elegant housing, work spaces, retail amenities, parks and recreational facilities in highly livable, walkable authentic communities. These architecturally driven beachfront homes, condos and townhomes offer a healthy investment opportunity through appreciation and vacation rental income. View all the properties for sale on The New Texas Coast.