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MegadealsSubsidy Tracker Individual Entry
Company: Upper Padre Partners LP and North Padre Waterpark Holdings Ltd.
Parent Company:
Subsidy Source: local
Location: Texas
City: Corpus Christi
Project Description: construction of the Park District, IslandWalk, the Resort District, and the Marina District
Year: 2012
Subsidy Value: $118,526,878
Program Name: Corpus Christi: Chapter 380 Agreement
Awarding Agency: City of Corpus Christi
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 340
Capital Investment: $552,000,000
Source of Data: Direct from agency; not on web
Notes: Subsidy value is combination of property tax abatement, hotel occupancy tax rebate, sales tax rebate, and construction sales tax rebate for the Park District, IslandWalk District, Resort District, and Marina District as well as waiver of development fees. Year is year credit approved. Jobs figure is 40 full-time and 300 part-time jobs.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.