Groundbreaking Ceremony for Megatel Homes Anacapri Laguna Development in Anna, Texas

Megatel Homes Breaks Ground on Anacapri Laguna Development in Anna, Texas

Anna, Texas — Yesterday, Megatel Homes hosted a groundbreaking ceremony to kick off the construction of the highly anticipated Megatel Homes Anacapri Laguna development lagoon. The $800 million project will bring over 1,000 homes, 600 multi-family units, and a stunning 2.3-acre crystal lagoon to the community.

The ceremony, attended by city officials, project stakeholders, and community members, marked the beginning of a new chapter for Anna. The Anacapri Project, approved by the Anna City Council in October 2023, represents a significant investment in the city’s future.

Spanning 21 acres, the development will offer residents a vibrant living experience with a range of recreational and entertainment facilities. From sand beaches to a Flow Rider surf simulator, a swim-up bar, children’s play area, water slide, and a commercial entertainment building, the Anacapri Project promises to be a hub of activity and excitement.

Mayor Nate Pike expressed his excitement for the project, stating, “I am thrilled to see the Anacapri Project progressing so rapidly, with dozens of homes already built and sold, and many more under contract. The groundbreaking of the lagoon marks a significant milestone, one that is sure to draw even more new residents and commercial development to our vibrant community.”

To support the development’s infrastructure needs, the City of Anna has established a Public Improvement District and Tax Increment Reinvestment Zone. This partnership will bring in over $2.1 million in Public Improvement District fees and 65 percent of sales/use taxes on construction materials, boosting the city’s economic prospects.

Megatel Homes has committed to investing a minimum of $25 million in the commercial and lagoon components of the project, ensuring its success and longevity in the community.

For more information about the Anacapri Project and Megatel Homes, visit their website. Anna, Texas, known for its rapid growth and promising future, is set to become an even more vibrant and dynamic city with the addition of the Anacapri Laguna development.