Article about the growth occuring in Galveston includeing mentions of some of the projects listed on this thread. The developer of Palisade Palms, The Falcon Group, has purchased more land around their project for more residential tower projects in the future.
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Residential development, propelled by an aging population looking for retirement, second-home and resort properties near saltwater, is also booming: An additional 9,500 residential units are expected to be built here by 2014.
"Islandwide, we have not seen this rate and growth of development since post 1900," said Alicia Foyt, public information officer for the City of Galveston, referring to what locals call the "Great Storm" — the hurricane that destroyed many of the homes and killed more than 6,000 people at the turn of the century.
Last year, the city issued building permits for new residential and commercial construction valued at $2.5 billion. During the first five months of this year, the value more than doubled, with $5.3 billion worth of new construction permitted.
Austin American-Statesman:
Growth wave hits Galveston