Corpus Christi developer says new STR rule could cost him $20 million

A proposed change to Corpus Christi’s short-term rental rules could reshape who is allowed to operate rentals in single-family neighborhoods, putting a local developer with dozens of Ocean Drive properties at odds with city staff and neighbors who have complained about loud parties.

Corpus Christi City Council is set to consider changes Tuesday that would narrow the definition of a Type 1, or owner-occupied, short-term rental.

Under the proposal, a single-family property would need to be the owner’s homestead to qualify as a Type 1 short-term rental. City staff says the change is intended to close a loophole and better reflect the original intent of the city’s short-term rental ordinance…

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