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Southern ShoresResort Southern ShoresResort.

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Presentation on theme: "Southern ShoresResort Southern ShoresResort."— Presentation transcript:

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4 Southern ShoresResort

5 Southern ShoresResort

6 Long Beach Gateway to the Gulf Coast

7 Why Long Beach? Beautiful Scenery –Beaches –Magnificent Live Oak Forests Most Direct Beach Resort Access from New Orleans, and Western States Local Harbors / Yacht Clubs –Fishing 25 + Golf Courses Minutes From: –Gulfport Airport –Biloxi (Gaming) –Gulfport (Gaming)

8 Our Vision Southern Shores Resort Breathtaking Views of the Gulf of Mexico Large River-Side Pool Drive-through Valet On-Site Fitness Center On-Site Conference Center Convenient Beach Access Whirlpool Fine Dining

9 Southern Shores Resort

10 Our Contribution It is our intention to work with the city, and to do our part with respect to infrastructure upgrades and improvements We plan to “Give Back”

11 “Give Back” Each unit, In our developments, will be charged a $25/month assessment built directly into the association fees With city approvals, we plan to build 1375 units over the next two years 1375 x $25 = $34,375 per month Up to $412,500.00 annually All funds will be donated directly to the Fire and Police Departments

12 Tax Revenue All figures based on Harrison County Tax Assessors figures For every $100,000.00 of assessed property value: –Harrison County makes $360.00 – Long Beach makes $489.00 –Long Beach School System receives $637.00

13 $2,876,800.00 $3,918,400.00 $5,096,000.00 Tax Revenue

14 Sewer Tap Fees: Other areas = between $1,000-$3,000 per tap 1375 units (Bienvenue Homes projects only) x $1,000.00 = between $1,375,000.00- $4,125,000 Between $1,375,000.00- $4,125,000 for capital sanitation improvements

15 Tax Revenue Long Beach Budget is currently $6.8 Million The proposed projects would result in an additional $3,918,400.00 annually A 41% increase

16 Tax Revenue $10,718,400

17 Tax Revenue New Schools

18 Tax Revenue New Library

19 Why Go Tall? With rising material costs it is necessary to get as much height and density as possible Smaller buildings are not able to provide upscale amenities, and design quality “Under Funded” buildings end up looking like glorified motels

20 Why Go Tall? Strong market In years past the Condo market could only support small box- like structures In today's market the best structures get all the attention People want to buy in the bigger buildings, and on the top floor

21 Why Go Tall? Condo Pricing has reached an all- time high Higher quality facilities attract high quality buyers This trend demands a structure worthy of the price

22 Why Go Tall? More money for schools More money for Fire and Police More tax relief for Long Beach Citizens

23 The County A Difference of $1,353,240.00

24 The City A Difference of $1,838,151.00

25 The Schools A Difference of $2,394,483.00

26 Condos Are Smart Growth Condo owners “Spend and Leave” No negative impact on schools High disposable income for local shopping

27 Condos Are Smart Growth Environmentally friendly Preferable to casino or heavy industry Developers pay for infrastructure improvements

28 The Future Is Up To You

29 New Schools The Future

30 Better Streets The Future

31 New Fire Station Lower Homeowner’s Insurance The Future

32 The Future. It’s Up To You.

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