Destination Bayfront Could Bring in Millions for the City - KiiiTV.com South Texas, Corpus Christi, Coastal Bend

Destination Bayfront Could Bring in Millions for the City

Posted: Updated:
CORPUS CHRISTI (Kiii News) -

City Engineer Dan Biles said the City of Corpus Christi stands to make millions if Destination Bayfront becomes a reality.

City Council has until August to decide whether the project should be put before voters in November. Residents are being asked to fund the $69 million project, but what hasn't been reported is that Destination Bayfront is forecasted to bring in over $100 million a year in new monies.

The City itself would see about $4.5 million in sales tax and property taxes each year.

"Conceivably, the City could raise revenue in 20 years to offset the cost of the park, although that growth that was projected is over time, so you have to take that into consideration as well," Assistant City Manager Oscar Martinez said. "But there's no doubt that if you improve property, it does spur or activate economic development. We know that, but to what degree? That's what we're unsure about."

Biles recently compiled the figures. He also said that, if the park is built, there is a private endowment that may be able to pay at least 50-percent of the annual cost to maintain the park.

  • 20,000 Eggs Rain Down from the Sky During Egg Hunt

    20,000 Eggs Rain Down from the Sky During Egg Hunt

    Sunday, April 20 2014 10:00 PM EDT2014-04-21 02:00:13 GMT
    Now here's one unique way to hunt for Easter eggs! 20,000 eggs were dropped from a helicopter Sunday by one special visitor. The Easter Bunny making that special delivery today from a helicopter up above. All of the fun happening at the Church of Hope in Calallen Sunday morning. There was fun for the whole family and it was a great turnout, with more than 300 people on hand. This was the first year the church has used a helicopter to drop all of the eggs. Along with the Easter egg hunt, the...More >>
    Now here's one unique way to hunt for Easter eggs! 20,000 eggs were dropped from a helicopter Sunday by one special visitor. The Easter Bunny making that special delivery today from a helicopter up above. All of the fun happening at the Church of Hope in Calallen Sunday morning. There was fun for the whole family and it was a great turnout, with more than 300 people on hand. This was the first year the church has used a helicopter to drop all of the eggs. Along with the Easter egg hunt, the...More >>
  • Recognizing the Behind the Scene Heroes of Emergency Response Calls

    Recognizing the Behind the Scene Heroes of Emergency Response Calls

    Sunday, April 20 2014 9:00 PM EDT2014-04-21 01:00:13 GMT
    All week long, we have been celebrating the heroes who are behind the scenes when it comes to emergency response. We're talking about all of the 9-1-1 dispatchers. Today we caught up with the DPS dispatchers who are spending their Easter weekend answering your emergency calls. The DPS operators are on duty 24 hours a day seven days a week and get this, they serve 18 counties in the South Texas area. Not only do they help dispatch State Troopers for DPS, but they also help Texas Parks and Wil...More >>
    All week long, we have been celebrating the heroes who are behind the scenes when it comes to emergency response. We're talking about all of the 9-1-1 dispatchers. Today we caught up with the DPS dispatchers who are spending their Easter weekend answering your emergency calls. The DPS operators are on duty 24 hours a day seven days a week and get this, they serve 18 counties in the South Texas area. Not only do they help dispatch State Troopers for DPS, but they also help Texas Parks and Wil...More >>
  • Labonte Park was a Popular Place for Campers on Easter Sunday

    Labonte Park was a Popular Place for Campers on Easter Sunday

    Sunday, April 20 2014 8:00 PM EDT2014-04-21 00:00:09 GMT
    We headed out to Labonte Park, one of the most popular camp sites on this Easter Sunday to see how families there were enjoying the day! The park located just off I-37 was filled with families camping out. People have been camping out all week just to make sure they got a good spot! The weather was definitely in their favor. It seems no one was safe from the cascarones, as some of the campers organized an attack on our very own kiii camera man, Jay Pena.More >>
    We headed out to Labonte Park, one of the most popular camp sites on this Easter Sunday to see how families there were enjoying the day! The park located just off I-37 was filled with families camping out. People have been camping out all week just to make sure they got a good spot! The weather was definitely in their favor. It seems no one was safe from the cascarones, as some of the campers organized an attack on our very own kiii camera man, Jay Pena.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KIII. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.