The cities of Taylor Lake Village and El Lago will soon be home to a $90 million...
Courtesy/ Karen Derr RealtorsWhat was described as a sleepy coastal neighborhood is now seeing a major mixed-use development take shape that one real estate agent says could bring new life to the area.
The development is split into two geographical areas- the north development called Taylor Lake Canals, located in the city of Taylor Lake Village, and the southern unnamed development located in the city of El Lago. Both projects will bring several penthouses and condos, single-family homes, a half-acre sandy bottom lagoon, walking trails, a dog park, and a floating barge with public restaurants and a members-only club.
In the Taylor Lake Canals, there will be a total of six condo buildings with 72 units, 24 of which will be three-bedroom penthouses and 48 will be two-bedroom condos. According to Karen Derr Realtors, pricing for the condos will be between $300,000 to the mid $500,000s. There will also be 34 gated single-family homes. The northern development will also be the location of the sandy bottom lagoon with a swim-up beach on either side for the private use of the condo and single-family home residents.
"They're going to be some pretty cool restaurants," Boudreaux said,"they're not going to be franchises."The first phase of the condos has already begun and the Taylor Lake Canals project should be completed by February 2023, according to the developer.
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