Tiara on the Beach, Galveston’s first condo in 15 years, broke ground after delays. The $130M development will offer luxury living with beachfront views and premium amenities.
Excitement fills Galveston’s west end as construction kicks off on Tiara on the Beach, a $130 million luxury condominium project. This represents the city’s inaugural high-rise condo development in 15 years, indicating a revitalized enthusiasm for luxurious beachfront living.
Houston-based Satya Inc. developed the project, which encountered delays stemming from the permitting requirements of the city, FEMA, and FAA. The groundbreaking, initially scheduled for a 2022 start, took place on Dec. 6 at the location on San Luis Pass Road.
The 10-story tower will comprise 63 units, with prices ranging from $1.2 million to $3.5 million. The condos feature one- to three-bedroom layouts crafted to deliver a resort-style living experience. The property features a stunning negative-edge pool, a dedicated yoga studio, a pickleball court, and exclusive access to 300 feet of immaculate beachfront.
The Tiara project has inspired additional developments in the vicinity, such as proposals for a neighboring 80-unit condominium tower and a $250 million mixed-use beachside project. This surge of investment is rejuvenating Galveston’s coastline, establishing it as a top-tier destination for luxury real estate.
Nan and Company Properties is set to oversee condo sales that commenced in 2022. As the skyline starts to change, Galveston’s status as a luxury coastal destination becomes increasingly prominent.
Texas Gas Service residential customers in Galveston will see a monthly rate increase beginning in June. The new charge will add $3.36 to each bill, affecting all residential customers on the island.
Galveston LNG Bunker Port LLC (GLBP) has signed a supply agreement with Dunmura Ltd., a U.K.-based LNG bunkering specialist, to provide liquefied natural gas (LNG) from GLBP’s proposed liquefaction facility in Texas City. The deal supports the growing demand for LNG as a marine fuel, with bunker deliveries expected to begin in 2027.