Article: Developer Plans $30 Million Condominium Tower for Lake Conroe, Texas.

By Ralph Bivins, Houston Chronicle Knight Ridder/Tribune Business News

Sep. 10--A real estate developer is betting that a new $30 million condominium tower on the shores of Lake Conroe will ride the wave of growing demand for second homes there.

The 11-story Lake Conroe condo project will be called La Belle Vie, French for "the beautiful life."

The project, about 50 miles north of downtown Houston, will have units priced from about $275,000 to more than $1 million, according to project developer Winkler & Associates.

A few years ago, a proposal to build a condo tower at Lake Conroe would have been thought by many to be overly ...

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