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HOUSTON – Megatel has broken ground on Saint Tropez, a $2 billion lagoon community that will span over 1,000 acres and include 4,500 single-family lots and multifamily units.

Single-family homes will range from $350,000 to $700,000 and have between 1,500 and 4,000 sf. One-, two-, and three-bedroom units will also be offered with monthly rents starting at $1,200.

Features will include a man-made lagoon with activities such as paddleboarding and kayaking available, a FlowRider simulator, playground, cabanas, adult lounge, bowling alley, and a restaurant.

Additional amenities available to residents include event spaces, a home design center, and a fitness and yoga studio.

Phase one is slated for completion by first quarter 2023.