So far, September is shaping up as a very good month for Star.
On the Gulf Coast, Seahorse Beach Club, www.beachclubatseahorse.com, is knocking down its first sales. Richard Korowicki, sales director, is leading the charge. The Beach and Bay homes are finally approved by the county. Whatever happened to the easy counties to do business in? Our PR program, led by Bernard Kaplan of Houston's Kaplan Public Relations, is in full force with front, business section stories in last Sunday’s Houston Chronicle.
The Florida Keys Club, in Marathon Key in the Florida Keys, is moving at flank speed. We are in due diligence now, and expect to exit in a month and close after the first of the year. Both Marvin Rappaport and Peter Rosasco are working through the myriad tasks and consultants to gain all approvals for the fractional cottages, the hotel, the new clubhouse and the renovation of the golf course and tennis complex. Bill Meyer, of Meyer Jabara Hotels, and Newmark Capital round out the development and operational team along with Star.
The Crystal project, also on Marathon—with the Residence Inn by Marriott as the anchor plus the fractional cottages on the Gulf—may soon be joined by eight additional cottages on the neighboring property, making a total of 21 Key West–style cottages to sell. The EB5 program is taking a bit longer than anticipated, but still moving along.
After investors made runs at it from all over the country, the French Quarter project in New Orleans is now back in local hands, where it should have been the entire time.
The NOLA promote team is led by Don Dauzat and family, and joined by attorney Richard Gerage and Star. Premier architect and interior designer Billy Sizeler, of Sizeler Thompson Brown Architects, is leading the team to ensure this square block in the French Quarter is singular in its design and economic contribution to this iconic venue. The project, while massive, can be a capstone to Star’s work in the resort arena.
As I have for the past 19 years, my summer has been spent in Northwestern Montana up by Glacier National Park. What a change from urban settings: the warm days and cool nights, the grandeur of the Continental Divide and, speaking of iconic, Glacier National Park! I return in great shape from hiking only to erode slowly as business travel takes over. To fly in and out of Kalispell, Montana, as I do for business during the summers, is one expensive experience, primarily on those wonderful regional jets. So, a price is paid for the gorgeous outdoors here.
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