The Quay Moving Forward with Planning and Design

GreenPointe Communities Sees Project as Link between Downtown and Arts District

JACKSONVILLE, Fla. (Dec. 3, 2014) – GreenPointe Communities, a subsidiary of GreenPointe Holdings, announced today that the company has closed on the The Quay, the premier waterfront development opportunity on Florida’s west coast encompassing nearly 15 acres, many fronting Sarasota Bay. “Our company is poised to bring this important parcel to life for Sarasota residents and visitors alike. We have been pleased at the warm response we have received in Sarasota and look forward to being a part of the fabric of one of Florida’s fastest growing, culturally rich and vibrant regions “, said GreenPointe Chairman and CEO Ed Burr.

GreenPointe Communities is a community development company with the necessary disciplines to create sustainable, high-value communities built upon solid financial structures. The GreenPointe Communities team is unmatched in breadth of capabilities, skill and expertise throughout the industry. GreenPointe Communities is actively acquiring, restructuring, creating and managing residential communities throughout Florida.

GreenPointe Communities will undertake a phased development plan for the property, which will include residential, commercial, retail and hospitality elements. “This work will begin immediately”. Grady Miars, President of GreenPointe Communities said. “We look forward to working with The City of Sarasota and other stakeholders to finalize a plan that is an integral part in the connectivity of Downtown and the Cultural Arts District.”

GreenPointe Communities was founded by visionary leader Edward E. Burr in 2008 with a charge to create livable communities of lasting value that fit the needs of today’s homebuyers. GreenPointe Communities is led by veterans of land and community development, homebuilding, lifestyle and amenities management and infrastructure development. The team is responsible for the development of over 100,000 acres of land and over 80,000 homesites.

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