ZOL Development Launches Aquatera, a New $300 Million Luxury Residential Community on Florida's Gulf Coast; Master Planned Community to Be Developed on Scenic Highway 30-A in South Walton Beach, FL.HOUSTON -- Houston-based ZOL ZOL ZAMBEZIA on Line Development today announced the launch of Aquatera, a new $300 million master-planned luxury residential community on Florida's Gulf Coast. Aquatera is a 26-acre, architecturally diverse, coastal inspired community that offers a sophisticated resort lifestyle. The development is located a few steps from the natural beaches of the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east , on scenic Highway 30-A in South Walton Beach in the Florida Panhandle The Florida Panhandle is the region of the state of Florida which includes the westernmost 16 counties in the state. It is a narrow strip lying between Alabama and Georgia to the north and the Gulf of Mexico to the south. , recognized as one of the nation's most desirable coastal communities. Aquatera is approximately 20 miles east of Destin, and just a few hours drive from most major Southern metropolitan areas. Aquatera will be comprised of an intriguing mix of commercial space, single-family homes and condominiums, with winding streets that evoke the intimacy of a small village. The mixed-use Town Center will feature a unique blend of retail shops and services, while the open-air Common Ground will provide an ideal setting for residents to enjoy cookouts, weekend musical concerts and other special events. Other amenities include bike paths, a natural boardwalk, a community pool, a fitness center, and a private gateway to the Gulf beaches. Residential offerings include 135 two-story, single-family homes with optional carriage houses, where prices range from $1.15 to $1.6 million; 105 multi-family condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. units offered in low-and mid-rise settings starting at $1.5 million; and Aquatera beach flats ranging from $3.5 to $4.16 million. In addition, single-family-home lots (typically 40' x 70' feet) are available and priced from $600,000. Buyers may choose their own architect and builder, or utilize ZOL Development's design and construction services. "Aquatera offers the finest in sophisticated coastal living with a full complement of recreational amenities in a natural, scenic setting," said Jose Lora, president of ZOL Development. "Every aspect of the development has been carefully designed to reflect the latest principles of traditional neighborhood design in a warm, coastal setting. Aquatera will meet the highest standards of quality in planning, design and construction." Construction is already underway on Aquatera's first phase of 49 single-family home lots, and slated for completion in the spring of 2007. Phase two will include 49 home lots. Phase three will feature 37 home lots, 105 multi-family condominiums, the Town Center, and 18,000 square feet of commercial space. "Aquatera's residents can explore a 26-mile stretch of pristine beach that has been rated among the best in the world," adds Johnny Earles, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Johnny Earles and Company LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , exclusive sales agent for Aquatera, who has long-promoted this stretch of beach. "Other natural features include rare coastal dune dune, mound or ridge of wind-blown sand formed in arid regions and along coasts. Dunes are common in most of the great deserts of the world. Often a dune begins to form because material is deposited by the wind as it encounters a bush, a rock, or other obstacle to lakes (where salt and fresh water mix) and cypress wetlands." To ensure that every aspect of Aquatera meets the highest standards, ZOL Development has assembled a strategic project development team led by the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of firm of Hart Howerton, a world renowned firm of architects, landscape architects, and planners. Aquatera also taps the talents of the finest professionals in the area, including McWhorter Architects, PA, from Seagrove Beach, and Destin-based Lovelace Interiors. For more information, contact Johnny Earles and Company at 850.267.AQUA (2277) or visit http://www.aquaterafla.com. About ZOL Development Houston-based ZOL Development is a leading developer of coastal communities along Florida's panhandle and North America's Gulf of Mexico, known as the 'emerging third coast,' where they are one of the largest owners of gulf-front land in Texas. ZOL Development's portfolio of master-planned communities currently includes Renace on Mustang Island Mustang Island is a barrier island on the Gulf Coast of Texas in the United States. The island is 18 miles (29 km) long, stretching from Corpus Christi to Port Aransas. The island is oriented generally northeast-southwest, with the Gulf of Mexico on the east and south, and Corpus near Corpus Christi Corpus Christi, in Christianity Corpus Christi [Lat.,=body of Christ], feast of the Western Church, observed on the Thursday after Trinity Sunday (or on the following Sunday). , Deseo on South Padre Island Padre Island (päd`rē, păd`rē), low, sandy island, c.115 mi (185 km) long, less than 3 mi (4.8 km) wide, S Tex. It is characterized by large, irregular sand dunes, sparse vegetation, and a strong prevailing wind off the Gulf of Mexico. and Aquatera at South Walton Beach in Florida's Panhandle. The principals of ZOL have decades of experience within the real estate arena developing projects throughout Texas, Florida, Georgia, Kentucky and Mexico. Their expertise includes new residential communities, condominium conversions, commercial office space, raw land and resort developments. For additional information on ZOL Development please visit http://www.zoldevelopment.com. |
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