No Time Like the Present for Fort Meade Luxury ResortPosted by Sarasota Condos.com on Friday, November 19th, 2010 at 10:59am.
Who says times are tough in the construction industry? Just this week representatives from Mosaic Company announced plans build Streamsong, a luxury resort near Fort Meade, Florida. Not a bad first step for a phosphate company venturing into real estate development.
This over-the-top resort sits in a peaceful lakeside setting, surrounded by miles of forest on 16,000 acres of a former phosphate mine. Some of the building features will include: over 20,000 square feet of meeting facilities, rooftop veranda and pavilion, 4,000 square foot ballroom, 140 extra-large guest rooms, five private villas, and a 15,000 square foot full service spa. The facility will also have a two restaurants, two lounges, and two 18-hole golf courses.
Streamsong is slated to open in the fall of 2013 and will employ 200 full time employees. With a building cost estimated between $70 - $80 million, once has to wonder about the timing for such an extravagant project. Rich Mack, Mosaic's executive vice president, claims, "we believe the resort is well-timed." Using the economic slump to their advantage, Mosaic is able to save on building costs and have a ready supply of workers. Ideally, the project will be completed by the time the economy rebounds.
Source: TheLedger.com; HeraldTribune.com
Photo supplied by Herald-Tribune
Real Estate Broker
Be the first to comment on this blog entry!
Leave a Comment
Who says times are tough in the construction industry? Just this week representatives from Mosaic Company announced plans bu...5 Comments Read More
Looking for something to do with you Fourth of July? You could always check out the Siesta Key Fireworks Display. This year...1 Comment Read More
The Schroeder-Manatee Ranch property southeast of I-75 and University Parkway will soon see a very different type of housing...180 Comments Read More
Visit our foreclosure site to access every bank owned, short sale, and foreclosure in Sarasota. Your password and ID will work on both SarasotaCondos.com and SarasotaForeclosures.comSarasota-Foreclosures.com
We're always on the lookout for talented real estate agents to join our growing team.