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December 29, 2005

The Village at Wild Dunes Sells $45 Million in Condominums in Hours

The Village at Wild Dunes estimates $45 million in sales for its newly-unveiled condominiums at Wild Dunes® Resort, a year-round resort located just 30 minutes from downtown Charleston, during its one-day, private Selection Confirmation Event at the Boardwalk Inn – making it one of the largest one-day real estate sales in Charleston area history. Initial sales are a result of a priority, limited offering to current Wild Dunes property owners.

(PRWEB) December 29, 2005 -- The Village at Wild Dunes estimates $45 million in sales for its newly-unveiled condominiums at Wild Dunes® Resort, a year-round resort located just 30 minutes from downtown Charleston, during its one-day, private Selection Confirmation Event at the Boardwalk Inn – making it one of the largest one-day real estate sales in Charleston area history. Initial sales are a result of a priority, limited offering to current Wild Dunes property owners.

“The initial interest from Wild Dunes property owners was beyond our expectations,” said Terri Haack, Vice-President and Managing Director of Wild Dunes. “We will begin a national marketing campaign to the public just after the start of the New Year and expect the demand to be strong. Condominiums in a full service, oceanfront resort are scarce, if not non-existent.” Haack encourages interested parties to call immediately, as it is anticipated that the few remaining condominiums will not be available for long.

Set on eight acres in the center of the 1,600-acre Wild Dunes Resort, The Village at Wild Dunes will offer 254 condominiums designed in mid-rise buildings set around a charming tree-lined central plaza. The Resort is currently comprised of 365 resort homes and villas along with the 93-room Boardwalk Inn. The Village at Wild Dunes will be the new center of activity for the resort, bringing more than 14,000 square feet of retail space and restaurants and 8,500 square feet for an expanded spa and fitness center along with a swimming pool with poolside bar and café.

Nearby the new condominiums, shopping and recreation facilities will be Wild Dunes, Sweetgrass Pavilion – a brand new 10,000 square foot, state-of-the-art meeting complex.

“Once complete, The Village at Wild Dunes will be one part of a multi-million dollar addition to the Resort,” said John Steele, Vice President of Development for The Village at Wild Dunes. “The award-winning Resort has been a destination for families and businesses world-wide and we are now able to offer additional units for future generations to enjoy our recreation, sports and event facilities.”

Owners and guests of the condominiums, which range in size from studios to three-bedroom units, including some penthouses, will enjoy services and amenities such as a 24-hour concierge service, full maid service and in-room dining in addition to the existing resort services including two Tom Fazio designed championship-caliber golf courses, an award-winning 17-court tennis center, shopping and dining, and a host of recreation options in an exquisite coastal setting with 2.5 miles of beach and miles of trails for walking, biking and jogging.

For more information on The Village at Wild Dunes, please visit www.wilddunesvillage.com or call 888-456-3221

About Wild Dunes Resort
The Village at Wild Dunes Resort is being developed by Lowe Destination Development (LDD), a subsidiary of Los Angeles-based Lowe Enterprises which also developed the Boardwalk Inn at Wild Dunes Resort. LDD is developing in excess of $2 billion of hospitality properties nationwide, including Terranea Resort in Rancho Palos Verdes, CA the 3,000-acre Suncadia project near Roslyn, WA and Stowe Mountain Lodge in Stowe, VT. For additional information, visit www.lowedestinationdevelopment.com.

Wild Dunes is one of 34 independent, upscale and luxury hotels, resorts and golf clubs in the United States managed by Destination Hotels & Resorts, a subsidiary of Lowe Enterprises and the fifth largest independent hospitality management company in the country. The company, headquartered in suburban Denver, CO, features a portfolio of more than 8,000 guest rooms, 15 golf courses and 10 full-service spas. Destination Hotels & Resorts properties are located in key metropolitan and resort markets including New York, San Francisco, Washington, D.C., Chicago, Denver, Dallas, Boston, San Diego, Aspen, Austin, Phoenix, Palm Springs, Jackson Hole, Maui and Lake Tahoe. For more information on the properties in the Destination Hotels & Resorts collection, please visit www.destinationhotels.com.

Posted by Industrial-Manufacturing at December 29, 2005 02:42 AM

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