Posted: May 1, 2013 6:12 PM
Updated: May 1, 2013 7:16 PM
INGLESIDE - The community of Ingleside has turned into a real estate hot spot thanks to the Eagle Ford Shale development.
"I remember when my grandparents were here and there were maybe 1,700 people," says Rosie Otalora, owner/broker of 1st Star Real Estate says.
But that is not the case in Ingleside now. Rosie Otalora's desk is packed with real estate requests. She says this time last year, maybe 2-3 calls a week would come in from people looking to buy homes around town.
Now, she gets 15-20 calls a day. Something she never thought could happen after the U.S. Navy left town. "People would talk about how when the base closed Ingleside would disappear," Otalora remembers.
But thanks to the Eagle Ford Shale and companies interested in the La Quinta terminal the city has been growing.
"When I got here they called it the slow side of the bay. It is not so slow anymore," Ingleside City Manager Jim Gray tells us.
In the last year, oil and gas companies have been fighting to build their facilities along the La Quinta Channel.
4-6 projects are underway that could bring up to $6 billion to the city. Some companies that already call Ingleside home have already brought in millions. They've helped transform the community.
"This last year we were able to put nearly one million dollars toward our infrastructure projects. We put another $3.2 million toward our water tower project," Gray shares.
As Ingleside works on closing deals and selling more land, they are expecting up to 5,000 open jobs; jobs that will bring in tons of workers looking for housing-and Rosie will be ready.
"This is space for three or four realtors so I am ready for the boom," Otalora says.
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