The LIDO HARBOR project will be an upscale yachting and sports minded residential enclave in a Gulf Coast suburb of Houston. The 38 acre project will have a 163 slip marina, 380 residences, and a posh, state of the art yacht/health club. This is the "Newport Beach" of Houston. There are enough research tools provided herein, (including active links) to facilitate extensive due diligence. The financial "particulars" are being revised at this time. (Reflecting stronger demand) There is room for another "EQUITY J.V." partner or an aggressive participation lender. Qualified interests should contact developer, Eric Bruns: (949) 981-7900 or FAX: (866) 884-7641
----The Plan*---- Clear Lake* is the "Newport Beach" of Houston; and, as a significant part of the Houston S.M.S.A. (standard metropolitan statistical area), it is the "Gulf Coast's Largest Yachting Community." THIRD LARGEST YACHT-BASIN IN THE UNITED STATES---OCEANGOING YACHTS!! LIDO HARBOR is located in League City; which is the wealthiest, fastest growing part of the Clear Lake Area--(according to a thirty-six page Independent Report confirming the local demand coefficient). Recently, city officials were planning a 900 acre zoning overlay for a mid-term plan to turn Clear Creek into a $425 million water oriented development (adjacent to LIDO) packed with businesses, restaurants, offices and residential sites. This will be a DRAMATIC benefit to LIDO; and ensures that LIDO is surrounded by class.The project could create up to 20,000 jobs in the area and project sales tax revenues at $10 million. We have been approached about providing a "WaterTaxi" service. As of August 12, 2004 the RiverMarket project has been stalled by opposition; but, a downsized version should ultimately be approved. History of LIDO HARBOR* - - one page. embruns@onebox.com
If you've ever signed "personal liability", or put your own money into a deal; you'll appreciate....
LIDO HARBOR - - - a $95 million, gate guarded, "Upscale P.U.D."
*Denotes topics for quick overview of the project.
More about LIDO HARBOR* - - one page.
South Shore Harbour* - - $1.5 BILLION - - our nearest competitor.
RiverMarket - - $425 million (adjacent to LIDO)
Waterford Harbor - - another distinguished development.
Villas by Design - - Custom Bayfront Homes
Constellation Pointe - - Nearby Custom Homes
LIDO MARINA* - - FIRST CABIN! - - - "High Margin" profit component.
CLUB LIDO - - An ambience like no other.
Poco Bueno - - (Invitation Only) "One Of The World's Richest Marlin Tournaments."
OTHER IMPORTANT LINKS* - - (Project data, Photos, documents, other research, etc.)
The Site - - Nineteen acres of land with 2,500 linear feet of frontage along the twenty acre marina site. This might well be the choicest remaining parcel!
Phase One * - - Description of work.
Scope of Project - - This is a $95 million deal; to be done in three phases.
Timing - - Less than three years.
Entitlements - - C.O.E. marina permit, impact fees paid for "HIGH DENSITY", supporting documents, legal precedent. .....work in progress.(see "OTHER LINKS")
Tract Map One - - Original land plan as described in "More about LIDO HARBOR"--currently being revised
Preliminary P.U.D* - - Preliminary to concept being proposed to League City.
Tract Map Two - - A secondary plan for extreme "High-end" custom homes will be developed and analysed concurrent with Map One.
Marketing - - Absorbtion, competition, timing,- - Continually being updated.
IRR/ROI------LUCRATIVE BEYOND STANDARDIZED AVARICE!
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