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Port Aransas, Texas, Sept. 27, 2018 (GLOBE NEWSWIRE) -- Sea Oats Group today announced the groundbreaking ceremony for Cinnamon Shore South, the $1.3 billion, approximately 300-acre expansion of Cinnamon Shore on Mustang Island, will take place Friday, October 5 from 10:30 to 11:30 a.m. at the Cinnamon Shore South project site, Port Aransas, with an on-site reception immediately following.
“Cinnamon Shore North has been enormously successful, with more than $250 million in sales, and is nearly sold out,” said Jeff Lamkin, CEO of Sea Oats Group, developer of Cinnamon Shore. “The beachfront development of Cinnamon Shore South will include luxury homes, Town Center residences, community pools, and plans for a boutique hotel. The long-term master plan will more than quadruple the size of the existing community in years to come.”
Groundbreaking remarks will be provided by Jeff Lamkin, CEO of Sea Oats Group, the Cinnamon Shore realty team, and City of Port Aransas officials. Lamkin will update guests on the launch of the beachfront mixed-use development followed by a ceremony of shovels. Upon conclusion of the ceremony guests will enjoy light bites, refreshments and a presentation from the Cinnamon Shore Realty team featuring site details.
The first 20 home sites of Cinnamon Shore South will be released during this special groundbreaking weekend, Oct. 5-7, 2018. Throughout the weekend, buyers can register for property tours, take advantage of one-time-only Founders Pricing, and join the Founders Club at the new community. Guests are invited to attend The Grand Unveiling event and beach reception on Saturday, October 6. Attendees will enjoy paella and cocktails from Lisabella’s Bistro and music under the stars at Cinnamon Shore North’s Town Center. Those interested in qualifying for Founders Pricing during The Grand Unveiling at Cinnamon Shore South, should visit cinnamonshorerealty.com/cs-south.php, where they can register for the event and learn more about the weekend’s festivities.
Sea Oats Group began developing the 63-acre Cinnamon Shore North, phase I of its incomparable Texas Gulf Coast vacation community, in 2007. Its $250 million buildout includes homes sales on approximately 200 lots and 75 multi-family residences, with a median price of $1 million. Single-family homes are priced from the mid $600s and beachfront homes start at $2.5 million.
The first stage of the beachfront, 150-acre phase II expansion will encompass Cinnamon Shore South, a $200 million investment, and Cinnamon Shore Bayside, projected to be a $500 million buildout. Lamkin said Sea Oats Group envisions four primary pillars of distinction for phase II: (1) home craftsmanship and a lifestyle unrivaled on the Gulf Coast; (2) a dining district with dozens of restaurants to please any palate or mood; (3) enticing destination retail; and (4) a health and wellness center.
Cinnamon Shore South’s 150-acre beachfront mixed-use development will include 3,300-foot wide beachfront access, maintained daily – almost three times the size of the beach at Cinnamon Shore North. Eventually, the development will lie on both sides of State Highway 361, about a mile south of Cinnamon Shore North, with a golf cart bridge enabling residents to easily access amenities on both sides of the highway. Cinnamon Shore South beachfront plans feature multiple swimming pools and lakes to provide refuge and enhance the landscape and an approximately 7-acre lake, one of the largest on the Texas Gulf Coast – will be encircled by a mile-long boardwalk. The development will also feature a boutique hotel with fifteen rooms, detached cottages, a spa, and Town Center shops and condominiums.
“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 Lamkin. “We plan to build on what has been a very successful model with this major phase II beachfront expansion. Full details, including the master plan for phase II, will be released later this year.”
For more information please visit https://www.cinnamonshore.com/real-estate or contact the Cinnamon Shore sales office to schedule a tour at (361)749-1851.
About Cinnamon Shore
Cinnamon Shore is a pedestrian-friendly planned community nestled behind the protective dunes on Mustang Island along the Texas Gulf Coast. It is the first new urbanism development for Sea Oats Group, which is fulfilling its vision of a traditional seaside village with a wide array of amenities and recreational facilities intertwined with beach cottages, luxury villas and vibrant town centers. Every detail of Cinnamon Shore is designed to embrace the natural ambience of Mustang Island and the slow-paced charm of a walking neighborhood. For more information, visit http://www.CinnamonShore.com, and follow us on Facebook, Instagram and Twitter (@CinnamonShore).
About Sea Oats Group
Port Aransas-based Sea Oats Group is one of the most successful developers of coastal properties in any market nationwide, including the Texas Gulf Coast, where the value of its beachfront portfolio is unequalled. The firm is dedicated to creating traditional neighborhood developments that provide residents with the highest possible quality of life, while preserving the integrity of the resort landscapes they occupy. By combining living spaces with retail areas in a walkable, connected plan, Sea Oats Group weaves together beautiful places to live, work and play. For more information, visit www.SeaOatsGroup.com.
Lynn Darden Cinnamon Shore 512-363-5160 firstname.lastname@example.org