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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Travis_Bickle8/18/2006 11:44:39 AM
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WCI Announcements

Ft. Myers/Naples Area August 2006

Update on Luxury Sky Home®, Lesina
Progress on Lesina, Hammock Bay's most superior luxury tower, continues to run smoothly with about 70% of the building complete. Residences range from approximately 2,333 to 2,878 air-conditioned square feet with private elevator foyers, nine-foot ceilings, balconies, spacious kitchens and much more. The tower is scheduled to be completed in Spring of 2007.

Construction of Hampton Park Amenity Center Underway!
The Amenity Center will offer a Craftsman-style community clubhouse, resort-style pool, covered barbecue pavilion and children’s playground with separate tot lot. Construction is expected to be complete by the first quarter of 2007.
Designed as a central gathering place for Hampton Park’s residents, the clubhouse will feature a baked clay-colored exterior, rustic southern ledge stone, peaked roofs with large overhangs finished with flat tile, exterior rafter detail and upgraded, impact-resistant windows. The clubhouse floor plan has social and fitness sections separated by an open air entry and breezeway that allows residents to enter either side of the club or to directly access the resort pool though rear breezeways spanning the rear of the club. Main rooms will view a 3,600 square-foot resort-style pool, nature preserve and lake. The planned 100,000 gallon pool will be highlighted by a custom-built, central rock waterfall.

Watch the 2006 Merrill Lynch Shootout from your own backyard at Serafina in Tiburón
Two villa models are underway in the Serafina neighborhood with completion slated for October 2006, just in time for the Merrill Lynch Shootout, November 8-12. The Valencia is an elegant residence with approximately 3,586 square feet with three bedrooms, den, club room, loft and pool. The approximate 3,625 square foot Granada features arched Moorish windows, spacious master suite with sitting area, soaking tub and walk-in closets, great room with soaring ceilings and pool.
We invite you to come visit us before September 30, 2006 and reserve a room as part of the Summer Discovery Package starting from $229 with luxury accommodations at The Ritz Carlton Golf Resort, Naples (certain restrictions may apply), two rounds of Greg Norman-designed golf and a tour of Tiburón’s amenities and neighborhoods.

Final Penthouse Model Underway at The Seasons at Naples Cay
Penthouse 20 is the final residence in this majestic ultra-luxury tower and WCI has commissioned Interiors by Steven G. to design this approximately 11,698 square foot masterpiece. Steven G.’s work has appeared in Architectural Digest and in the homes of prominent sports personalities and celebrities. Wraparound balconies and terraces on all four sides present 360-degree views of the Gulf of Mexico and Venetian Bay. Some of the unique features of this penthouse interior include a “hidden” poker/game room accessible only through a concealed door in the library, a 1910 cigar room with custom-designed humidors, wine rack and wine table and a “Zen” spa/massage room.

Coming soon! New residences at Tuscany Reserve from the $690s
There is new fruit on the vine at Tuscany Reserve! With anticipated pricing from the $690s, these coach homes will enjoy views of the Greg Norman/ Pete Dye-designed golf course AND a social membership. Complete with rolling hills, citrus groves, imported Italian cypress trees and a romantic bridge leading to the community’s central island and home to the future clubhouse, Tuscany Reserve is a serene community close to all that Naples has to offer.

Exciting News at Artesia!
Sanctuary Homes and Preserve Estates Now Released! The Sanctuary Collection is named not only for the environmentally conscious lifestyle Artesia promotes, but also for the community’s commitment, art and architecture. Homes offer approximately 2,000 sq. ft. to over 2,800 sq. ft. of living area. The Preserve Estates are the largest homesites and residences offered in Artesia. These homes will serve as a spectacular showcase for the thoughtful and modern techniques WCI is applying throughout the community. Homes offer approximately 2,600 sq. ft. to over 3,700 sq. ft. of living area.

Manchester Square Coming Soon to Naples!
A Community That Embraces the Way You Live - Ideally located on Livingston Road, just North of Pine Ridge Road in the heart of North Naples. Manchester Square is the perfect address for casual, carefree living. Designed with a contemporary take on West Indies architecture, choose from distinctive estate homes or our classic three-story townhome. Versatile floorplans are suited for every lifestyle, including lavish master suites, expansive living areas, airy balconies and loggias and attached garage. Proposed amenities will include a clubhouse, fitness center, pool, and basketball. More information will be coming soon!

New Models Debut at Castella in The Colony
Casa, one of three six-story buildings at Castella, now has three new beautifully furnished models available for viewing daily. Open floor plans range from approximately 2,373 to 2,665 square feet of living space with granite, marble and other elegant appointments inside to accentuate the relaxed tropical setting outside. Call the sales center and ask about the upcoming model tours at Castella! Priced from the $900s.

Jacksonville/Palm Coast Area Back to top

Casa Bella at Hammock Dunes Begins Final Phase
Casa Bella in Hammock Dunes has just recently begun phase two of the construction process and will soon be finishing homes in this section of the neighborhood. Plans are also underway for a distinctive community entry and children’s play park, adding to the overall appearance and desirability of the community. Casa Bella stands as the premier place for those who want the privacy of a single-family home coupled with the maintenance-free ease of condominium living.

Costa Verano Townhomes Celebrate Topping Off
Costa Verano in Jacksonville Beach recently celebrated the topping off of its townhomes. The exquisite townhomes at Costa Verano in Jacksonville Beach are just steps from the Atlantic Ocean and share all the world-class amenities of fabulous condo tower residences. In addition to pedestrian access to the beach, amenities include a heated pool and sun deck, on-site fitness facility with jetted spa and sauna, billiard room, social room with bar and surround sound theater room in the nearby condominium. With spacious floor plans and spectacular scenery, Costa Verano sets the standard for enjoying the good life on Jacksonville Beach. In addition to the luxury appointments and finishes, these residences offer an additional benefit. The townhomes are being built according to the standards of the Florida Green Building Coalition and will incorporate green features for a more energy and resource efficient home for residents. The townhomes, priced from $1.1 million, offer approximately 2,395 to 2,782 square feet of living space. The two-story floor plans offer private entrance and terraces, three bedrooms and two-car garages.

Jupiter/Palm Beach Area Back to top

Grand Aurora Award for Old Palm Golf Club
Featured in July's Architectural Digest, The Club at Old Palm Golf Club continues to attract the attention of those in the know and recently earned a Grand Aurora Award at the Southeast Building Conference for excellence in design. Reminiscent of a historic Palm Beach estate, the Club fuses elegance and comfort, creating a welcoming home away from home for members. With world-class dining, sumptuous spa and fitness facilities, lavish men's and ladies' lounges and a 100% focus on outstanding personal service, it's little surprise that The Club continues to make headlines.

Only One Remains at One Singer Island
At One Singer Island, there is only one residence remaining in this ultra-exclusive luxury tower. Residents will enjoy a magnificent stretch of beachfront while having the opportunity to take advantage of one of the area's ultimate equity golf club memberships. Live on blue water, play on green fairways and fall asleep to a sparkling Intracoastal view and glowing cityscape, all at One Singer Island. Now rising from the incredible white sand beaches of Singer Island, One Singer Island will be the newest WCI condominium to bear the "One" ultra-luxury designation, boasting an incredible oceanfront location and spectacular amenities. Priced at $3.2 million, the one remaining residence offers approximately 2,900 square-feet of living space and incredible Intracoastal and city views.

Northwest Coast Area Back to top

Lost Key Golf Villas Debuting Summer 2006
Introducing Lost Key's Golf Villas, an exclusive enclave of homes which will feature views of the 6th fairway from every lanai and will be within walking distance to the newly renovated, 18-hole Arnold Palmer-designed championship course. Lost Key's Golf VillasSM will offer spacious, open floor plans ranging from approximately 1,725 to 2,280 square feet and will boast luxurious appointments in this expansive design. Granite countertops, all wood cabinets and oversized two car garages are just some of the features that complement these homes.

Lost Key Golf Club Debuts
Lost Key's 18-hole, Arnold Palmer-designed golf course reopened to the public on Tuesday, July 18th. The Audubon International Silver Certified Signature Sanctuary course underwent renovations which involved the addition of 2,200 native trees, 13,000 wetland plants, Sea Dwarf Paspalum turf on tees, greens, fairways and roughs, the reshaping of bunkers and the enhancement of several holes to maximize the playing experience.

Galia, Lost Key Marina's First Tower
Currently under construction, Galia will be the first of two residential towers within Lost Key Marina & Yacht Club featuring 70 spacious residences with breathtaking vistas of the sparkling waters and fiery sunsets. Residents will be able to take in the views of the Gulf of Mexico from their private balcony, host an intimate gathering in the Grand Salon or relax in the soaking tub. The planned community will also feature a host of planned amenities including a community social center with indoor and outdoor lounge area, fitness center, pool, ship's store and will offer wet and dry slips.

Tampa/Sarasota Area Back to top

A Sense of Sound at Waterlefe Golf & River Club
The much-anticipated Paired River Estates in The Sound have been released! These eight exclusive residences, directly on the Manatee River, offer spectacular living spaces, indoors and out, and even more magnificent views. Visit on a Preferred Guest Getaway and take a "dusty shoes" tour to see for yourself!

Just Released - Oakley Green at Sun City Center
Sun City Center's Oakley Green consists of spacious attached villa homes that are ideally located in gated Kings Point with convenient access to the 28,000-square-foot Kings Point South Club. These scenic home sites are tucked amongst the new 18-hole Scepter Golf Course. Beautifully showcased in three magnificent floorplans, these homes are truly a sight to see.

Castillo "Tops Off" at Westshore Yacht Club
A sight of monumental proportions has reached a significant milestone. Castillo at Westshore Yacht Club “topped off” in July by completing roof construction of the 15th floor. Reaching this milestone allows the finishing touches to begin on the interior residences and luxurious amenity level. Final opportunities remain for these spectacular tower residences.


Progress Report from Tidewater Preserve
Things are rolling right along at Tidewater Preserve. The gatehouse construction is well underway and construction has begun on our first homes in the Grand Villa and Classic Series. Road construction has also begun and much of the community's infrastructure is in place. Come see the progress for yourself on a Preferred Guest Getaway! Choose from two special summer Getaway packages to make the most of your trip. Be sure to ask about The Perfect Purchase Plan during your visit, making buying your dream home on the river's edge that much easier!


Perfect Timing for Venetian Golf & River Club
Venetian Golf & River Club is proud to introduce The Perfect Purchase Plan offering you three different options on when to move into your dream home. Contact your Community Specialist today at (800) WCI-4005 for more information or visit us on a Preferred Guest Getaway now through September 30, purchase your dream home during your visit and we'll reimburse you your travel expenses up to $2,000!*


Ft. Lauderdale/Miami Area Back to top

Limited Opportunity at Heron Preserve in Coral Springs
Surrounded by picturesque tropical preserves will stand Heron Preserve; a planned, exclusive, eighty-four residence townhome community embellished with Monterey-inspired architecture. These one and two-story townhomes will offer elegant living, comfort and a blend of luxury with approximately 1,519 to 2,317 square feet of living space. Live the lifestyle you’ve always wanted in one of the best locations in South Florida – Coral Springs.


Villa Toscana - Sense of Place...
Newly Released! Discover your sense of place at Villa Toscana in Parkland Golf & Country Club. European style residences will be set amongst picturesque golf and water views - only 12 three-story townhomes and 36 condominiums will be available. Now is the best time to discover your sense of place! Visit today and while you’re here, tour our newly opened Sports Club featuring tennis center, fitness room, fine dining and so much more. Parkland Golf & Country Club offers a sense of place for everyone.


Mid-Atlantic Area Back to top
The Plaza Residences Host Reception
Construction is targeted for early Fall 2006. Recently, the Plaza staff hosted an after performance reception for the East Village Opera Company. This event was part of the celebration of the Columbia Festival of The Arts. The Plaza Residences staff feels the importance of community presence!

Northeast Area Back to top
Grand Finale - Final Release at Encore Lake Grove - New Locations Now Available!
Encore Lake Grove, a low-maintenance gated community exclusively for adults 55 and better in the heart of Long Island, offers residents the ultimate club lifestyle. The 228 stately townhomes offer elegant designs, from approximately 1,390 to almost 2,000 square feet. With final release of new locations, now is the perfect time to start living the Encore Lake Grove lifestyle! The community will feature a spectacular planned clubhouse with a grand ballroom, world-class fitness center, indoor and outdoor heated pools, tennis, bocce, shuffleboard and more. Located in the center of Long Island, less than 50 miles from Manhattan, and 25 miles from The Hamptons, you’ll never miss a beat living in the heart of Suffolk County.

New Locations Now Available at Rivington - The New American Village
Imagine a fresh approach to quintessential New England living…an extraordinary home in a distinctive neighborhood, complemented by almost 30,000 square feet of recreational amenities, a vibrant village center, and friendly neighbors. Rivington’s three neighborhoods will appeal to many diverse lifestyles, with spectacular midrise condominiums and distinctive townhomes. The first neighborhood available at Rivington, The Hills, will offer 90 midrise condos and 194 townhomes from approximately 1,200 to 2,400 square feet. Now celebrating its preview grand opening, Rivington is centrally located between Exits 1 and 2 on Interstate 84 in Danbury, Connecticut in prestigious Fairfield County.


All references to clubs, golf clubs and membership opportunities and other amenities are subject to fees, dues and availability.
This does not constitute an offer to sell real property in any jurisdiction where prior registration or other advance qualification of real property is required.
Void where prohibited.
All drawings are conceptual renderings and WCI expressly reserves the right to make modifications.
Prices and availability subject to change without notice.
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD03-0237 (Atlantic Shores), FILE NO. H04-0015 (Four Corners), FILE NO. H04-0007 (Old Palm), FILE NO. CD04-0160 and CD04-0388 (Encore Lake Grove) and FILE NO. H05-0021 (Tiburon).


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