10-story condo construction set for summer start in Galveston
Construction is slated to start this summer on one of the first condominium towers to be built on Galveston Island in more than 15 years, according to the developer.
Houston real estate developer Satya recently announced it’s progressing on the 10-story Tiara on the Beach in Galveston’s West Bend at 10525 San Luis Pass Road. Satya also announced it has completed construction of an associated sand dune and hired Ludlow and Associates as the general contractor.
With a design inspired by Miami architecture, the 63 units, ranging from 1,600 to 2,700 square feet, will be available with one, two and three bedrooms with views of the Gulf of Mexico from floor-to-ceiling
windows. Every unit will have its own balcony with gas lines if residents want to install outdoor kitchens, said Anastasia Gaido, real estate associate with Nan and Co. Properties, which is marketing the project.
The units will be priced from
$1.2 million to more than $3 million. Seven penthouses on the 10th floor feature private elevator vestibules and fireplaces, Gaido said.
Community amenities include a pool, outdoor grilling area, fitness center, yoga studio, pickleball courts, golf simulator, cigar lounge, wine tasting lounge and private walkways to the beach.
About 20% of the units are under contract, Gaido said. A sales gallery is open at 4918 Seawall Blvd.
“Galveston is ready for a new project,” Satya CEO Sunny Bathija previously told the Chronicle. “There’s lack of inventory and the inventory which is there is dated.”
Satya has said the project could take 24 to 30 months to complete.
Satya is also involved in other Houston condo communities such as the Giorgetti, The Westmore and The Sophie at Bayou Bend. The developer is planning a 35-story condo building off Memorial Drive that also will be the first St. Regis-branded residential community in Texas.