Editing Contrada Hills
Jump to navigation
Jump to search
Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.
The edit can be undone.
Please check the comparison below to verify that this is what you want to do, and then save the changes below to finish undoing the edit.
Latest revision | Your text | ||
Line 2: | Line 2: | ||
:''"Jubilee" redirects here. For other uses, see [[Jubilee (disambiguation)]]'' | :''"Jubilee" redirects here. For other uses, see [[Jubilee (disambiguation)]]'' | ||
− | '''Contrada Hills''' (formerly known as '''Jubilee''') is a [[Wikipedia:New town|planned community]] slated for development on a 2,718-acre parcel in north [[Santa Rosa County]] near [[Pace]], between [[Berryhill Road]], [[Willard Norris Road]] and [[Chumuckla Highway]]. It was announced on [[March 20]], [[2007]] at a grandiose event and has employed a high-profile advertising campaign (see [[#Marketing|below]]). The massive residential project is planned to include 588 single-family houses in the first phase alone, priced between $275,000 to $1.5 million,<ref name="roadblock">"Jubilee hits roadblock." ''Pensacola News Journal'', August 8, 2007.</ref> as well as a private golf club designed by PGA champion and Pensacola resident [[Jerry Pate]]. The development was originally planned by Atlanta-based The Eagle Group, but was taken over by investors under the name [[2718 Santa Rosa]] when the project was hit by million of dollars in liens. It was renamed Contrada Hills in early [[2008]] and designated a "Community Development District" by the [[Santa Rosa County Commission]].<ref name="renamed">"Pace's Jubilee housing project renamed." ''Pensacola News Journal'', January 11, 2008.</ref> This status will allow the developers to issue | + | '''Contrada Hills''' (formerly known as '''Jubilee''') is a [[Wikipedia:New town|planned community]] slated for development on a 2,718-acre parcel in north [[Santa Rosa County]] near [[Pace]], between [[Berryhill Road]], [[Willard Norris Road]] and [[Chumuckla Highway]]. It was announced on [[March 20]], [[2007]] at a grandiose event and has employed a high-profile advertising campaign (see [[#Marketing|below]]). The massive residential project is planned to include 588 single-family houses in the first phase alone, priced between $275,000 to $1.5 million,<ref name="roadblock">"Jubilee hits roadblock." ''Pensacola News Journal'', August 8, 2007.</ref> as well as a private golf club designed by PGA champion and Pensacola resident [[Jerry Pate]]. The development was originally planned by Atlanta-based The Eagle Group, but was taken over by investors under the name [[2718 Santa Rosa]] when the project was hit by million of dollars in liens. It was renamed Contrada Hills in early [[2008]] and designated a "Community Development District" by the [[Santa Rosa County Commission]].<ref name="renamed">"Pace's Jubilee housing project renamed." ''Pensacola News Journal'', January 11, 2008.</ref> This status will allow the developers to issue interest-free bonds to pay for infrastructure improvements. |
==Project features== | ==Project features== | ||
Line 38: | Line 38: | ||
2718 Santa Rosa countersued Black along with Reeser and Hal Hayes, claiming financial mismanagement and breach of contract. According to the second lawsuit, 2718 Santa Rosa kept control of the property because Beachwalk Associates "had proved unable to secure other financing to repurchase the property."<ref>"Lawsuits plague former Jubilee." ''Pensacola News Journal'', February 27, 2008.</ref> | 2718 Santa Rosa countersued Black along with Reeser and Hal Hayes, claiming financial mismanagement and breach of contract. According to the second lawsuit, 2718 Santa Rosa kept control of the property because Beachwalk Associates "had proved unable to secure other financing to repurchase the property."<ref>"Lawsuits plague former Jubilee." ''Pensacola News Journal'', February 27, 2008.</ref> | ||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
==References== | ==References== |