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Southern

Southern. Shores. Resort. Southern. Shores. Resort. 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

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Southern

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  1. Southern Shores Resort

  2. Southern Shores Resort

  3. Long Beach Gateway to the Gulf Coast

  4. 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)

  5. 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

  6. Southern Shores Resort

  7. 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”

  8. “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

  9. 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

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

  11. Tax Revenue • 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

  12. 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

  13. Tax Revenue $10,718,400

  14. Tax Revenue New Schools

  15. Tax Revenue New Library

  16. 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

  17. 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

  18. 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

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

  20. The County A Difference of $1,353,240.00

  21. The City A Difference of $1,838,151.00

  22. The Schools A Difference of $2,394,483.00

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

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

  25. The Future Is Up To You

  26. The Future New Schools

  27. The Future Better Streets

  28. The Future New Fire Station Lower Homeowner’s Insurance

  29. The Future. It’s Up To You.

  30. The Future. It’s Up To You.

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