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Laguna Bay Bayfront Condominiums
1943 Views ::
4 Comments ::  :: Bayfront, Condo |
Laguna Bay Condominiums South Padre Island Texas 200 W. Constellation and 201 W. Capricorn
Laguna Bay, your island retreat, is the ultimate secluded bayfront community offering the perfect balance of luxury and privacy. The atmosphere on the Island is casual with a touch of tourism offering a variety of water sports, cultural arts and dining experiences.
The interior design of Laguna Bay residences lends itself to the mix of casual and elegant. Spacious rooms are designed with family, friends and entertaining in mind with expansive living areas, luxurious detailing, and gourmet kitchen.
An intimate community of only 30 residences from $450,000 available for immediate occupancy. Sales models and office open daily.
The only new high rise project on the bay located with breathtaking views of the Gulf of Mexico, the development features two buildings, six floors in each, with residences varying from 1987 sq. ft. to 3303 sq. ft.
Current Photo of Laguna Bay
Call us for the latest information at 956-761-7560 Furnished model shown by appointment
Pricing from $599,00 to $670,000, call for the latest specials and buyer incentives.
Floorplans:Contact us and we will send you high resolution detailed floor plans! 
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By
mikead @
Friday, September 15, 2006 10:31 PM |
Option 1 Realty Group is paving the way for quality and visionary development of retail, commercial real estate and luxury condominiums.
The group built Park Plaza in Katy, which is the first of its kind to attract high-end retailers by building a lifestyle center, which is a mix of retail and office space.
Option 1 Realty Group is investing in the future of the city with establishments totaling over a quarter of a million dollars by the end of 2006 and looks to exceed $100 million for 2007.
“We are the first center like this in the area and I chose Katy because of accessibility and ingress versus egress,” said CEO John Hamilton, of Option 1 Realty Group.
“We have moved our corporate headquarters to Katy and we are glad to be here.”
Park Plaza is located on Grand Parkway, a quarter mile south of Interstate 10.
The Option 1 Realty Group building is four stories high, complete with 46,000 square feet of office space and 86,000 square feet of retail space.
The realty group's headquarters are on the top floor of the building.
The Option 1 building is the focal point of Park Plaza and its owners hope it will be a driving force for Katy's economic development and growth.
The Park Plaza project has seen much success early in Katy with 87 percent of the retail and office space occupied.
“We have had success in this area because there is a need for new infrastructure and we have a great location,” Hamilton said.
“ I looked at going into Sugar Land but it's getting too expensive for investors and builders. Our projects have done extremely well here in Katy.”
Hamilton has more than 20 years experience in the real-estate development field. He has developed hundreds of multi-family, commercial and retail properties.
He is known for his ability to identify market trends and locations of high growth potential areas and builds quality structures, which are environmentally friendly, with enormous customer appeal.
“I watch the rooftops,” Hamilton said. “I look at various economies and a lot of different markets in my research.”
Hamilton and his team have also built and developed Times Square Plaza, which sits just north of Park Plaza and houses Times Square Entertainment, a family-oriented entertainment complex.
Times Square Entertainment is the focus of the center with 94,000 square feet, housing laser tag, a 36-lane bowling center, 12 pool tables, 90 arcade games, six conference rooms, a restaurant and full-service sports bar. Retailers surround the entertainment complex, housing Wells Fargo, David Powers Homes, On the Bayou Restaurant and Curves, to name a few.
These additions give residents of Katy a place to eat, shop and play.
S ix years ago, Hamilton developed Westland Center, where Ruthie's Mexicana is now located, along with other retailers.
At that time, not much was around and many thought Hamilton was jumping the gun a little in wanting to purchase and develop the property. Needless to say, it is a huge success and a prime piece of property near Cinco Ranch.
Jim Fields is Option 1 Realty Group's Director of Real Estate. Fields is in charge of land acquisition, leasing and sales.
He has many years of experience in real estate development, beginning in 1980 and is a graduate of the University of Houston.
“We are glad to be branding Katy with our corporate headquarters here,” Fields said.
Along with his other responsibilities, Fields is in charge of overseeing the marketing and advertising for all projects and manages the Real Estate Division team.
“It's that saying, ‘Behind every good man is a good woman' in this case behind me is a great team of leasing agents,” Fields said.
“My leasing agents have many years of experience and market very aggressively.”
Fields has successfully leased spaces in Park Plaza currently to Lenny's Sub Shop, who is a loyal follower of the realty group, Rocket City, Kumon - which will occupy 4,000 square feet - and a sushi restaurant on the bottom floor of the office building. He is now working closely with doctors, dentists, salons and children's clothing retailers who may soon call Park Plaza home.
Another right hand man of Hamilton's is Rodger Carnes, who serves as President of the Construction Division for Option 1 Realty Group. Carnes is a long time working partner and friend of Hamilton's, having known him for more than 30 years.
Carnes has 40 years of experience in the construction industry and has diverse working knowledge of commercial real estate, multi-family and industrial projects.
“I am responsible for all materials purchased and used for projects and my job is to focus on controlling productivity while building with speed,” Carnes said.
Carnes works hard to manage the costs and scheduling of development while balancing supply and demand. “We really evaluate on a global economy because with the tragedy of Hurricane Katrina all building supplies went up dramatically in cost,” Carnes said.
“I have to keep costs down while continuing to stay on schedule with the project. Luckily, this project (Park Plaza) remained on schedule and on budget.”
For 2005, Option 1 Realty Group expanded developments to Houston, San Antonio and South Padre Island, Tucson, AZ and Ruidoso and Albuquerque, NM.
Option 1 Realty Group is not done with their development in Katy.
The group has already purchased 10 acres near FM 1093 for new retail developments and has broken ground near Katy Mills Mall, across from Toys ‘R' Us and will complete this new retail destination in June of 2007.
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By
joe78733 @
Tuesday, February 05, 2008 7:14 PM |
OK... what's the real story on these units? they have been on the complete for over two years and half of them are still for sale. Is there a problem with the developer? I see they never did a pool and i hear they may do boat slips, but no real action yet.
Are they just too much for the Bay side, or is it the lack of amenities? With the current directipon of the market, they may be on the market for a long long time. |
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By
mikead @
Tuesday, February 05, 2008 9:19 PM |
I think the lack of a pool and some exterior quality issues for the price - put the value vs. price out of higher-end buyer demand.
Price needs to come down or amenities and quality issues addressed for the product to move.
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By
joe78733 @
Friday, February 15, 2008 8:16 PM |
Thanks fo rthe info. Can you tell me what kind of exterios issues they have had? Do you know if it was fixed?
thanks. Appreciate it. |
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