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INTRODUCTION

This amazing 48-acre property is located at 800 S. Wilbur Avenue, Syracuse, NY 13204. There are six interconnected buildings that cover a total of 610,000 ft². The property was assessed at $62,000,000 in 1972. Elements of universal design are incorporated throughout the premises. The property is in mint condition and has always been well-maintained.

The resort is located only 8 miles from Syracuse International Airport, 3 miles west of Upstate Medical University Hospital, adjacent to Burnet Park and Gifford Zoo, and 3 miles south of beautiful Onondaga Lake and Carousel Mall. Carousel Mall is currently undergoing expansion by DestiNY USA, a developer that is transforming the mall and its environs into the largest mall in America. This enormous project is expected to draw 42 million annual visitors. This is all happening only 3 miles away. Furthermore, there are numerous world-renowned ski resorts and golf courses in the area. Whatever your enjoyment, you can do it here in style.

OUR PLANS FOR DEVELOPMENT

We intend to add an additional 84,000 ft² to the buildings, thereby increasing the total square footage to 694,000 ft². Extensive renovations will be undertaken to alter façade, lighting, fixtures, etc. Building D will remain a state-of-the-art sports complex. Countless luxury installations will adorn the premises. There will be a total of 219 private residential units. This resort hotel is being developed with the comfortability of the esteemed leisure vacationers in mind. We are proud to present this most exclusive resort.

SALES OF RESIDENTIAL UNITS

The luxury residential units will be marketed on a 1/12^th fractional ownership basis. Whole ownership, rentals, and other options will also be available. Fractionals are appreciating assets and are the best way to own a vacation home. Rather than purchasing the entire property outright, you only buy the portion of the deed and time you intend to use.

MANAGEMENT OF RESORT

Discussions are currently underway with several world-class hotel brands who have expressed interest in managing, operating and possibly acquiring the resort hotel upon completion of development.

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