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Long Island Real Estate News  
 
December 06, 2007
$110m Project for Long Island targets to fall '08 ground brea.
A $110-million resort and residential community for north Long Island is hoping to obtain planning approval by next Easter, with the groundbreaking happening by autumn 2008. The British developers of the proposed Port St. George investment plan to use available land in the Stella Maris area for the construction of the project, which will include an 18-hole signature golf course and a marina. Construction completion is scheduled for 2015.
 
November 28 2007
Resort project could employ up to 875 construction staff
A proposed multi-million dollar mixed-use resort project for Long Island could employ as many as 875 workers at the peak of construction between its two components, assessments conducted for the developers have projected. The forecasts for the Port St George and Caribbean Heights projects projected that construction worker numbers employed on the Port St George component would range from a low of 135 to a peak of 675.
 
November 26 2007
Resort project to create `over' 300 full-time jobs
Port St. George/Caribbean Heights multi-million dollar mixed-use resort planned for Long Island will create more than 300 direct jobs when it becomes fully operational, with developers anticiapting to break ground by summer 2008 if all conditions of their approval in principle were fulfilled.
 
August 8 2007
Developer acquires Long Island project
Andros Isle Development Limited yesterday announced it had signed an agreement to purchase the Plantation Bay Resort project in Ferguson Point, Long Island. with the intent to turn it into an exclusive, high-end gated community.
 
July 18, 2007
Government approves 1,000 acre hotel project
Government has approved a multi-million dollar mixed-use resort development next to the Stella Maris Resort on Long Island. The identity of the UK-based investor group remains unknown. The project will include a marina/canal property, golf course, commercial village and one or two apartment-style hotels.
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