Austin developer prepares to start Tiki Island condo project


Construction of the 70-unit waterfront project is expected to begin this summer.

Photo by Katherine Feser

Legend Communities plans to open the Residences at Tiki Island, a 70-unit condominium project on Tiki Island. Place Designers is the architect of the project.Legend Communities

Legend Communities, an Austin-based waterfront property developer, has selected Ludlow and Associates Construction as the general contractor for its $86 million, 70-unit condominium development, Residences at Tiki Island.

Located 45 miles from downtown, approximately 5 miles north of Galveston, the development will be part of the Village of Tiki Island, a vacation home and residential community incorporated in 1982.

Legend Communities plans to open the first phase this summer with completion expected in summer 2024. Future phases of the six-acre development will bring eight waterfront villas to The Villas at Tiki Island, a marina with restaurant and boats, and a boathouse with room for about 200 boats.

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Tiki Island Residences will offer two to four bedroom units, ranging from approximately 1,200 to 3,000 square feet. Condos start in the $800,000 range and go up to over $3 million.

This will be the first waterfront project for Ludlow and Associates, which specializes in condo construction and recently completed The Revere mid-rise building in the River Oaks area.

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