Beacon Island (née Lighthouse Island, in its more pedestrian days) is up for sale once again, Brandon de Hoyos writes this week. The eponymous prison-striped beacon at the northern tip of the property has been in place since at least the late 1980s — by which time the 35-acre piece of land had also completed its transformation from Clear Creek shoreline to peninsula to full island, as channels were carved into the southern edge of Clear Lake to expand waterfront access. The land also currently hosts the roadways and underground infrastructure installed by woulda-been joint developers The Verandah Cos. and Crow Holdings, right before the housing market collapse and 2008 recession.
Current owner Isola Ventura previously had previously planned for a mixture of residential structures on the island, from townhome to highrise. The island has already been divvied up and okayed for those various purposes by League City’s planning department, roughly as labeled below in the current leasing materials: