Southern ShoresResort
Southern ShoresResort
Long Beach Gateway to the Gulf Coast
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)
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
Southern Shores Resort
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”
“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, annually All funds will be donated directly to the Fire and Police Departments
Tax Revenue All figures based on Harrison County Tax Assessors figures For every $100, of assessed property value: –Harrison County makes $ – Long Beach makes $ –Long Beach School System receives $637.00
$2,876, $3,918, $5,096, Tax Revenue
Sewer Tap Fees: Other areas = between $1,000-$3,000 per tap 1375 units (Bienvenue Homes projects only) x $1, = between $1,375, $4,125,000 Between $1,375, $4,125,000 for capital sanitation improvements
Tax Revenue Long Beach Budget is currently $6.8 Million The proposed projects would result in an additional $3,918, annually A 41% increase
Tax Revenue $10,718,400
Tax Revenue New Schools
Tax Revenue New Library
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
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
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
Why Go Tall? More money for schools More money for Fire and Police More tax relief for Long Beach Citizens
The County A Difference of $1,353,240.00
The City A Difference of $1,838,151.00
The Schools A Difference of $2,394,483.00
Condos Are Smart Growth Condo owners “Spend and Leave” No negative impact on schools High disposable income for local shopping
Condos Are Smart Growth Environmentally friendly Preferable to casino or heavy industry Developers pay for infrastructure improvements
The Future Is Up To You
New Schools The Future
Better Streets The Future
New Fire Station Lower Homeowner’s Insurance The Future
The Future. It’s Up To You.