The Cinnamon Shore vacation community, located on Texas’s Gulf Coast near Corpus Christi, is set to begin Phase II of development, which will increase the size of the community by 300 acres and more than quadruple the number of homes in the master-plan.
Phase I of Cinnamon Shore is 85% sold. It encompasses a $275 million build-out of 200 home lots, with homes priced between $636,000 and $2.5 million. The new additions include a 3,300-foot stretch of private beach, multiple pools, a mile-long boardwalk, a spa, a “honeymoon cottage”, and a hotel.
“We are proud of the community we have created with phase I of Cinnamon Shore and gratified by how well it has been received,” said Jeff Lamkin, CEO of Sea Oats Group, the developers of Cinnamon Shore. “We plan to build on what has been a very successful model with this major phase II expansion. Full details, including the master plan for phase II, will be released later this year.”
Home building for phase II is expected to begin in mid-to-late 2018.