August 9, 2007

Tidewater Plantations, Inc. Announces Lots Are Available at Laurel Island – A Coastal Community West of Cumberland Island

Atlanta-based Tidewater Plantations, Inc. has begun selling lots at Laurel Island, a coastal community just west of Cumberland Island off the coast of Georgia. There is currently a limited supply of the 55 Founders' Lots available for purchasing. The lots will start at a price of $700,000 each.

Approximately 250 lots will be situated on the high bluffs of Laurel Island, overlooking the pristine Crooked River Estuary. Two villages are planned and will contain 300 to 400 cottage home sites. Laurel Village will include a town chapel, coffee shop, dining, and other retail amenities. Oxley Village will include a boat harbor, coffee shop, and additional retail amenities.

A collection of community docks and marinas located around the island will provide Laurel Island's boating community with access to boat slips and dry dock storage. Residents will enjoy walking and biking on more than four miles of nature trails and a 3.5-mile tabby pathway that encompasses the island. Laurel Island will also be home to the exclusive Oxley Club, a swim and tennis club that will feature fine dining, spa, and fitness amenities.

Laurel Island's natural beauty is stunning. Nestled within Georgia's fertile marshlands, the island encompasses more than 2,000 acres of old-growth maritime forests; high, sandy bluffs; vast sweeping plains of marsh; and emerald tidal waterways. Cumberland Island -- one of Coastal Georgia's most prized habitats -- shelters Laurel Island from the Atlantic Ocean. Tidewater Plantations Inc. has taken great care to preserve the remarkable canopy of live oaks and magnolias that give Laurel Island its gentle, yet magnificent character.

Laurel Island Features over 3 miles of high bluff, deep water, and marsh frontage. These extraordinary bluff vistas and the connection to nature are the backbone of the design for Laurel Island.

The perimeter of the island will feature an approximate 25' conservation easement containing a beautiful winding promenade which allows all residents the ability to not only connect with nature, but also their neighbor.

Chipper's Island (a spoil island located just off Laurel Island) will feature our River and Beach Club complete with a freshwater swimming pool, a saltwater beach pool and a kayak launch.

Margaret's Key (a sister island to Laurel Island) will feature the Ocean Beach Club. Sitting in St. Andrew Sound off of Jekyll Island, Margaret's Key has approximately 1 mile of pristine undeveloped white sand beaches. Margaret's Key is accessible by boat from Jekyll Island or Laurel Island.

Future phases will include three marinas designed for 450 boat slips. An off-island dry dock storage facility, currently in design, will allow residents the option to store their boat out of water and the opportunity to enjoy boat valet services. The Golf and Lawn Club will have a Lodge and Clubhouse complete with approximately 20 rooms, along with a golf academy with 4 holes and a full range practice facility. Lawn sports will include Tennis, Badminton, Croquet and Bocci Ball.

Technology will be important as Laurel Island incorporates many green design and construction concepts. Geothermal heating and air conditioning will reduce electricity demand and reduce noise from AC condensers. Sewer and water treatment will be achieved via a private facility featuring an ultra modern Membrane Bioreactor producing an effluence that will improve the quality of drinking water. Installation of a fiber optic network will enable Laurel Island to be a "smart" development allowing residents to operate, monitor, and access their home remotely via computer.

Tidewater Plantations, Inc. is an independent landowner that has a genuine interest in the local area. Chip Drury, the Founder and President, was born and raised in the area. With having a personal interest in the property, Tidewater Plantations is set on preserving what nature has created.