The billion dollar project is underway on Highway 361 out on Mustang Island.
Here is an update on the expansion of the Cinnamon Shore Resort in Port Aransas.
The billion-dollar project is underway on Highway 361, out on Mustang Island. Developer Jeff Lamkin says the company plans to sell a thousand homes at an average price of one-millions dollars each, 300 units have already been sold.
Lamkin says he expects demand for the homes to skyrocket, "We've got 4,000 renters a year that are coming down, the families are telling their friends. It's a stable investment for good long-term place."
The Port Aransas Chamber of Commerce also expects the development to bring more tourists and more revenue to the area.