Landowner
Pitches 30-Story Towers for Beach
Galveston County Daily
News, January 23, 2008
by Leigh Jones
GALVESTON
— Beachfront landowner Cory Miner has big dreams for
Stewart Beach.
This week,
Miner unveiled plans for four 30-story buildings at the
end of a boardwalk the Galveston Park Board of Trustees
wants to build at the city-owned park.
Miner claims
the towers are necessary to entice developers to fund the
boardwalk, a public-private partnership the park board covets.
But with mounting
opposition to buildings even half that height, Miner’s
dream will likely be a tough sell.
Miner, who
owns a tract at the end of Avenue L south of Seawall Boulevard,
began working on plans for what he calls the Stewart Beach
Redevelopment District 18 months ago.
The district
stretches from Fourth to 10th streets south of the seawall
and includes the city’s Stewart Beach Park and private
property owned by Miner and two others — about 60
acres.
The park board
revealed its plans to redevelop the Stewart Beach area in
October. With city council’s blessing, the group hopes
to build a new visitor’s center at the park’s
entrance by 2010.
Miner told
a meeting of the University Area Association on Monday he
could have the entire project, which includes a new park
pavilion, retail and restaurant buildings and the hotel
and condominium towers built within seven years.
There’s
just one catch.
“This
has to be a collaborative effort between the city, its citizens
and the private sector,” he said. “If not, this
project will fail.”
Park board
members listened politely to Miner’s presentation
on Tuesday, but they didn’t ask him any questions.
Area residents
were more inquisitive — and not necessarily in an
encouraging way.
Ralph McMorris,
who has opposed several recent high-rise projects on the
island, asked Miner if he would be willing to sell the property
so someone could turn it into a park. Other residents asked
why he couldn’t build on the other side of Stewart
Beach. They also wanted to know where the people who would
work in the proposed hotel would live.
Miner said
his plans are not set in stone and he wants people to give
him feedback, realizing it could change the project. But
he’s adamant he won’t compromise on the height.
“Without
the high-rises, this project will never get off the ground,”
he said.
Miner commissioned
an economic feasibility study to compare his project with
the recently approved Marquette Land Investments West End
residential development.
While The
Preserve at West Beach will create one job per acre during
the next 15 years, Miner said his project would create nine
jobs. He also said his proposed hotels could bring the city
as much as $5.3 million in room tax during the next 15 years.
Miner’s
study shows the Stewart Beach district would boost the city’s
economy by $388 million during the same period.
And he said
he doesn’t need any incentives from local government
to make it happen. He even plans to pay for extra police
protection with an additional layer of property tax on the
new buildings.
Miner said
he has no intention of taking his plan through the city’s
development process until after the city council has adopted
new regulations governing height and density in April.
The property’s
current zoning limits him to a three-story building.
But Miner,
who purchased his property in 1992, said he’s confident
his plan would be best for the whole East End, which he
describes as a serious financial disaster.
“Maybe
shorter is better, but the reality is that it’s not
economically viable,” he said.