Page 32 - Legacy International Executive Summary
P. 32
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RESORT MASTER PLANNED COMMUNITY
SCOPE
Luxury & Resort Lakefront Master Plan
PROJECT DESCRIPTION
This included a repositioning exercise to diversify the product o ering, installing a sales & marketing platform to increase exposure, de ning resort product variety (including detached villas, casitas, and cabins), assigning a land/amenity planner to reinvent an equestrian center, and identifying a select group of luxury builders. Prior to Legacy’s engagement the community was stalled. This development is currently producing revenues above the original planned luxury lot values. The last product o ering, located adjacent to the reinvented equestrian center, will sell out by the end of 2019 meeting Business Plan revenue for the original equity at stake.
SIZE
400 units
19
RESORT RESORT
• LUXURY RESIDENTIAL • • LUXURY RESIDENTIAL •
ACTIVE ADULT • ACTIVE ADULT •
METROPOLITAN METROPOLITAN
