Schlitterbahn has acquired the Holiday Inn building on the beach. They are in the process of renovating the hotel into a resort for the waterpark, constructing a tunnel to the park, adding a restaurant, swim-up bar, and enclosing the park so that they are never subject to bad weather. This will make Schlitterbahn a year round park.
Thanks to Schlitterbahn, South Padre Island will benefit from more jobs and more tourism to the island. Construction began last November and they predict to finish this 221 room resort by the end of the year.