On Real Estate

Tuesday, October 10, 2000

Golf course opening on Mustang Island

It's part of a condominium development that could open as soon as next year

Mustang Island offers visitors looking for an island getaway all of the surf and sand they can handle. The only thing missing, some would say, is the opportunity to get on the green.
   Not to worry - as early as next year, the island will add a golf course to its list of recreational activities.
   Workers for Power & Sons Construction Management are preparing a site on State Highway 361 outside of Port Aransas that will hold a 40-unit condominium development and a 9-hole public golf course. The Waco-based general contractor took out $2.1 million in building permits for The Golf Course at Dune Crest and condominiums.
   The project is expected to be complete in the first half of the year, said Mark McKee, comptroller with Dune Crest Developers. He declined to say how much each unit might cost , but that it would be comparable to the pricing of other condominiums on the island. The median price of a condominium on Mustang Island right now is $75,250, according to the Corpus Christi Association of Realtors.
   The condominiums in the four-story complexwill have two or three bedrooms. The golf course is spread out over 10 acres.
   The project is a sort of homecoming for Dune Crest Developers, the same company that rehabilitated its first condominiums 12 years ago at the Mayan Princess and Port Royal Ocean Resort Condominiums. Since that time, the company has developed condominiums all along the Gulf Coast.
   Subdivision opens
   Braselton Homes is opening its newest subdivision, Dunbarton Oaks.
   The 132 lots being built near the corner of Saratoga Blvd. and Patti Drive are priced starting at $140,000 up to the low $170s, said Fred Braselton, president of Braselton Homes. He is also the president of Braselton Land Ventures, which developed The Village at the Lakes.
   At Dunbarton Oaks, buyers can choose from 10 floor plans ranging from 1,800 square feet to 2,500 square feet. The 31-acre subdivision will allow larger than average lots, Braselton said.
   Braselton's companies are both the builder and the developer, which he said will give the subdivision more of a consistency in design.
   The homes are near an active commercial area in the southern part of the city, but removed enough from it to offer a quiet setting, Braselton said.
   The houses will mostly attract young families that are looking to move into a slightly larger home, he said. The homes are near Kaffie Middle School and the newly opened E.E. and Jovita Mireles Elementary School.
   New doctors' offices
   The purple building at 4525 S. Staples St. was once a topless bar. Then it became a Pentecostal church. Before the end of the year, the building will be doctors' offices, said Epitacio Elizondo, owner of Elite Construction, which is renovating the building.
   The former Venus nightclub is being remodeled to become offices for a family practitioner, an obstetrics and gynecology practice and a psychiatrist. The building is expected to be completed in less than two months, Elizondo said. In the 1970s, long before the building was the Venus nightclub, it was a popular club known as the Electric Eel.
  

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On Real Estate is published every other Tuesday in the business section. Business writer Andrea Jares can be reached at 886-3678 or by email at jaresa@caller.com

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