Atlantic Gulf Communities names Perry Reader head of Orlando operations.ORLANDO, Fla.--(BUSINESS WIRE)--March 18, 1997--Atlantic Gulf Communities Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AGLF AGLF Association for Governmental Leasing and Finance AGLF Asian Government Leaders Forum ) has named Perry Reader vice president and general manager of its Orlando office. Reader is a seasoned professional with over 20 years of experience in all aspects of Florida real estate. Prior to joining Atlantic Gulf, he served as president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for The Viera Co., which is developing the community of Viera in Brevard County. Prior to that, Reader worked on numerous residential communities throughout the Tampa Bay Tampa Bay, inlet of the Gulf of Mexico, 25 mi (40 km) long and 7 to 12 mi (11.3–19 km) wide, W Fla., separated from the Gulf by numerous small islands; it receives the Hillsborough River. St. area as vice president for the Scarborough Corp. Reader will head Atlantic Gulf's Orlando office, which is currently developing three projects: Falcon Trace, Lakeside Estates and the Sanctuary. Atlantic Gulf is very encouraged by the strong market in Central Florida
Central Florida is the central region of the United States state of Florida, on the East Coast. and has plans to expand its Orlando operation significantly over the next several years. The company develops planned communities and provides finished residential homesites for sale to builders, builds amenity centers and provides all infrastructure. Atlantic Gulf Communities Corp., with assets of approximately $260 million, is one of Florida's largest real estate developers. The company develops finished residential lots for builders in many of Florida's most active markets including South Florida, Tampa, Orlando, Fort Myers Fort Myers, city (1990 pop. 45,206), seat of Lee co., SW Fla., on the Caloosahatchee River, near the Gulf of Mexico; founded 1850, inc. 1905. It has a tourist trade and light industry and is a shipping point for citrus fruits, winter vegetables, flowers (especially and Jacksonville, as well as one project in Raleigh-Durham, N.C. In addition, the company owns 30,000 acres and 20,000 developed homesites in other parts of Florida and in the Cumberland Plateau Cumberland Plateau or Cumberland Mountains, southwestern division of the Appalachian Mt. system, extending northeast to southwest through parts of West Virginia, Virginia, Kentucky, and Tennessee into N Alabama. Black Mt., Ky. area of Tennessee. Headquartered in Miami, the company is a proven leader in professional development services, and is known for its leadership role in environmental quality. -0- NOTE TO EDITORS: In the World Wide Web address noted in this news release, there is a double slash between http: and www.atlanticgulf.com. These symbols may not appear properly in some systems. CONTACT: Atlantic Gulf Communities Corp., Orlando Perry Reader, 407/423-5160 http://www.atlanticgulf.com |
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