is breaking ground Friday at 2 pm for its new water park resort on North Padre Island.
Water park resort officials are expected Tuesday to finalize the land purchase and project financing, said Jeff Henry, co-owner of Schlitterbahn.
A couple weeks ago, the city granted a grading permit for the project, which allows the project to break ground. However, full construction permissions have not yet been granted, according to Mark Van Vleck, director of city’s development services.
Schlitterbahn had until the end of February to break ground in order to meet their $117 million economic development incentive with the city.
The $41 million resort planned west of Park Road 22 tentatively is set to open in March 2014. Early designs showed the project would include a 65-acre water park with lodging, golf and restaurants. It will be built on the existing golf course and tied into a master plan for the area that includes a marina in Lake Padre, an extension of the residential canal system, hotels, condos and single-family homes on about 500 acres of mostly undeveloped land.
Come join the fun Islanders, we will be there with cameara’s documenting this momentous occasion. As North Padre Island makes its biggest leap in the 21st century, we still can’t believe it’s here. Thank You to all of you that kept your vision…the day is almost here!! ~Cheri