Cordrays reviving old family business

Michael and Ashley Cordray are planning a February opening of a drug store on the corner of 39th Street and Avenue L in Galveston that will revive an old family business.

Rooftop report: Affordably priced houses with waterfront views in Galveston? It sounds as elusive as mermaids and pirate treasure. But it’s what developer Jerome Karam has planned for Hideaway Estates on the southeast corner of Zingleman and Ostermeyer roads on Gangs Bayou on the island’s West End. And Karam so far has delivered on his development promises.

Karam, who late last year acquired the Hideaway Estates property, plans 40 houses in the $200,000 to $300,000 price range to help meet a need and demand for housing that professionals, including police officers and teachers, can afford, he said. Galveston leaders and potential homebuyers have lately lamented the lack of such housing.

Laura Elder: 409-683-5248; laura.elder@galvnews.com

Recommended for you

(7) comments

Susan Fennewald

Isn't there water at the southeast corner of Zingelman and Ostermeyer?

I hope that these folks are using the term "affordable housing" to get ANY variances on building regulations or financial support for water and sewer and road improvements! There are LOTS of empty lots between 25th and 53 rd streets south of Broadway that would be more reasonable for "affordable" housing and wouldn't require any wetlands permits or new water, sewer, or road work by the city.

Susan Fennewald

Oops - I meant "I hope that these folks are NOT using the term...."

Bill Cochrane

affordable waterfront = oxymoron

Don Schlessinger

[thumbup]

Bailey Jones

Good luck with the new drug store - I hope it's a success. I'm sure it will be welcomed in the neighborhood.

Don Johnson

If anyone can get an affordable housing project done, it is Jerome Karam and his family! They have been accomplishing miracles throughout the County - turning otherwise thrown away properties into treasures!

Ted Gillis

Yes, Jerome is kinda of folk hero for us regular types who can see potential in our daily surroundings just by driving by it, but don’t have the knowledge, wherewithal or capital standing to attempt any of it. Good luck Jerome.

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Thank you for Reading!

Please log in, or sign up for a new account and purchase a subscription to read or post comments.