A market study reviewed by economic indicators to determine the potential of the general market around the Palacios locale. Core Distinction Group, LLC conducted a macro and micro market analysis of the Palacios area and the areas immediately surrounding it for the feasibility of a hotel.
The PEDC and City Council have demonstrated their commitment to the project and to the positive economic to the project and to the positive economic impact it will have on Palacios. The City by the Sea will have a waterfront hotel catering to all of Matagorda County as well as regional and national visitors.
Future improvements around the South Bay Marina, Palacios can be a weekend destination for families or week-long vacations for “Winter Texans”.