Former Schlitterbahn Becoming Resort Community, Market briefs

In Corpus Christi, Texas, The former site of a Schlitterbahn water park on North Padre Island in Corpus Christi is being redeveloped into a community with 600 homes, many with canal access.

Called Whitecap, the 240-acre development will have a resort hotel, retail and a marina. Ashlar Development and Diamond Beach Holdings are developing Whitecap NPI.

Developers of the upscale project, located near the shores of the Gulf of Mexico, recently held a work start ceremony

“Whitecap NPI will serve as the first and only coastal contemporary luxury residential and resort destination on North Padre Island,” the developers said in a press release.

Whitecap NPI, an $800 million large-scale planned community is designed for residents and visitors alike. When completed, it is set to feature over 600 residential options, including single-family homes, villas, condos and cross-generational housing. A public town center and multi-use area will provide dining, entertainment and retail options. The development will also include a resort-style hotel, dry stack marina and yacht club, cafés, shops, galleries, markets and the Whitecap Nature Preserve.

Diamond Beach Holdings LLC, as the property owner, has engaged Ashlar Development to develop and lead this project. The team of highly skilled, nationally based companies with experience in coastal development also includes PLACE Designers Inc. as the residential architects, Turner Ramirez Architects for amenity and commercial architecture, Cadence landscape architects, LJA Engineering LLC as the structural engineers, DeLeo & Fletcher Design for interior design and Strategyst LLC for marketing and sales.

“Whitecap sets a new standard for coastal living,” said Steve Yetts, president of Ashlar development. “The focus is on building up, not out, and enhancing the feel of community through both canal-and street-level experiences. Whitecap is destined to become the most influential coastal community on the Texas Coast, if not the country.”

In Houston, Ashlar is known as the developer of The Groves, a 1,000-acre large-scale planned community located 1.5 miles north of Beltway 8 between Woodland Hills Drive and West Lake Houston Parkway.