Entire project is due to be completed Fall of 2008. Building 6 and 7 have an estimated completion date of June 2007.

In building 1 there will be an Irish Pub, a breakfast/lunch area over looking the pool, a convenience store, and high end retail shops. Building 4 is the club house and has 24 hour check in/check out service, a steak and seafood restaurant, a full European day spa, a fitness center and a business center.

Main Pool:
Nearly 200 feet long.
Zero-entry beach area.

Number of Buildings: 15

Number of Units: 1,875

Stories:
Buildings #1 and #2 = eight stories
Building #4 (the clubhouse) = six stories
Buildings #3, #5 - #14 = fifteen to seventeen stories

Lot Size: 38 Acres

Intended star rating: 3.5-4.0 Star

Construction Status: Construction began on Phase I, buildings #1 and # 2 in November 2004.

Available Now: Currently available in Phase II and III are two-, three-, and four-bedroom condo hotel units ranging in size from 1080 sq. ft. to 2170 sq. ft. Phase I is due to complete end of 2005 and Phase 2 is due to complete Fall of 2006 and Phase 3 is due to complete early 2007.

Price Increases/Floor: $10,000 increase every third floor

Building Features: The architecture is Caribbean style. The grounds are tropically landscaped, replete with palms, lush foliage, and conservation areas. Planned Features include:
A full-service spa
5 swimming pools
A state-of-the-art fitness center
24-hour security
Large clubhouse with retail stores
Tennis
Over 1,000 sq. ft. meeting space
Game room
Business center
Full concierge service
Two restaurants
Sheltered parking
Two lounges bar and pool bar
Children's playground

Unit Features:
Fully furnished (See complete furnishings list.)
Jacuzzi Roman tub
Upscale Tommy Bahamas furniture
Designer bath fixtures
Ceramic tile floors in kitchen and baths
Washer-dryer
Granite kitchen countertops and bathroom vanities
Microwave oven
Pre-wired cable TV and wireless high-speed Internet

Hotel Services: Concierge services, housekeeping service and secretarial services

Location: Lake Buena Vista Resort Village & Spa is located on State Road 535 and the airport expressway. It is just a 15-minute drive to Orlando International Airport. It is a prime location convenient to theme parks, shopping, restaurants, nightspots and everything else that makes Orlando the world's #1 vacation destination. Easy access to highways including International Drive, Osceola Parkway, SR 417, SR 535, SR 536 and I-4.

Nearby Attractions: It is 1.9 miles from the Walt Disney World entrance (Magic Kingdom, MGM Studios, and Epcot), 4.5 miles from Sea World and its sister park Discovery Cove, and 8 miles from Universal Florida (Universal Studios and Islands of Adventure). Various other attractions include Wet Ôn Wild, Blizzard Beach, Typhoon Lagoon, WonderWorks, Watermania, Silver Spurs Rodeo, Disney Marketplace, Universal CityWalk and much more. It is within a 12-mile radius of 37 golf courses and literally hundreds of restaurants.

Shopping: There are an impressive 9 malls nearby. However, located immediately adjacent to Lake Buena Vista Resort Village and Spa is the very popular Lake Buena Vista Factory Stores shopping center. Sprawled across 30 acres, it boasts an impressive roster of upscale tenants including Liz Claiborne Outlet, Old Navy Outlet, Oshkosh B'Gosh Superstore, Reebok, Samsonite Company Store, Sony/JVC, Gap Outlet, Borders and many name-brand retailers. In addition, a Walmart Supercenter is under construction less than one mile from the resort.

Potential Room Fillers: In 2004 Orlando had 48 million visitors. In 2005, anticipated visitation is 50.6 million, and in 2006 over 53 million visitors are expected. Hotel occupancy rates were 68% in 2004 and forecast to be 73% in 2005 and 76% in 2006, among the highest rates in the U.S.

As a condo hotel, Lake Buena Vista Resort Village and Spa is positioned to achieve high occupancy rates:

1. It is located just a couple of miles from Walt Disney World. Visitors who don't want to stay right on Disney property will see Lake Buena Vista Resort Village as an excellent alternative. The resort is also likely to get the overflow when Disney's hotels are full.

2. It is close to the Orange County Convention Center which is the second largest convention center in the country with over 2-million sq. ft. of meeting and exhibit space. Over 3.5 million people visit it annually.

3. It is near to the planned Osceola Convention Center, a $98.5 million project with 500,000 sq. ft. of meeting and exhibit space. The first phase of the convention center is scheduled to open in approximately 2007.

Living Restrictions: Unlike many condo hotels, there are no living restrictions at Lake Buena Vista Resort and Spa. You can live in your unit 365 days a year without restriction. There may, however, be usage restrictions if you intend to enter your unit into the rental program.

Rental Split: Still to be finalized, but likely to be an impressive 66 2/3% - 33 1/3% in favor of the unit owner with the smaller percentage going to the Management Company. Typically, rental splits are 50%-50%.

Real Estate Taxes: Estimate taxes at 1.75% of your purchase price.

Developer: Lake Buena Vista Resorts, LLC is a Florida-based company whose managers are Samuel and Robert Sutton (brothers) and Larry Cohen. The Suttons have solid retail and housing development backgrounds in both Texas and Florida. Larry Cohen has a hospitality background with more than 20 years developing and marketing resorts and hotels in the Orlando area. This team has the vision, the contacts and the know-how to make the property a mega-success.

Architect/Designer: The architect is Slocum Platts of Winter Park, Florida, which specializes in custom residential architecture, as well as planning, historical remodeling, hospitality, multi-family, living centers, retail and themed commercial projects.

Random Notes: The first two buildings sold out prior to construction inception in November 2004. Buyers were both domestic and international. In an effort to keep construction at pace with realistic milestones, the developer temporarily halted all sales activity. Now that construction on Phase I is underway, he has just released the final units in Phase II & opened Phase III for purchase at pre-construction pricing.

To Reserve a Unit: Units can be reserved via a reservation form with a $10,000 non-binding deposit. Once the reservation is converted into a contract, then the 10% is due (less the initial deposit of $10,000) within 15 days, and an additional 10% due 45 days later. (Bottom line: 20% in 60 days after contract.)