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laurelmor

New Massive Development Planned For North Carolina

Filed under: Estates

A new resort being planned for North Carolina will be bigger than two small towns combined. The 6,000-acre development known as Laurelmor will be a luxury home community of around 1,500 homes, 1,000 condo units or hotel rooms, two golf courses, a spa, water park, equestrian center and a network of new roads where there is now just timberland. Environmentalists have some concerns about the massive development's effect on the local watershed. The project is the latest from Ginn Clubs and Resorts which has created developments in Florida and in the Caribbean (an example is shown here). Lots will start to be sold in October and the resort will open in the third quarter of 2009. The minimum lot price is said to be $750,000 and the smallest houses in the development will be around 3,000 square feet.

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