No bidders at auction for One Shoreline Plaza, hope of redevelopment remains

CORPUS CHRISTI, Texas — The foreclosure auction for One Shoreline Plaza, the twin towers that have defined the Corpus Christi skyline for decades, ended Tuesday morning with no bids.

The towers, built in the 1980s, have faced mounting financial struggles in recent years. The failed auction leaves their future uncertain.

“I’ve seen proposals from architects who are thinking of transforming one portion of it to residential and one portion of it to office, but it’s really gonna need the right vision,” said Will Storbeck, a commercial real estate agent with Keller Williams. “But I certainly think it would be more cost effective to keep the existing structure there rather than tear it down — and keep that part of Corpus Christi history too would be great to see.”…

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