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GAUTIER, MS-Azur Shell Landing Resort Inc. has acquired Shell Landing Development Inc., the company that owns the master planned 1,200-acre resort community surrounding a golf course it acquired late last year. Azur Shell Landing is a subsidiary of Azur International, a Miami-based public company that is lightly traded on Pink Sheets. Located 12 miles south of the Beau Rivage Casino in Biloxi, the master planned resort includes 45 previously developed residential lots, 80 acres to be developed commercially, and approximately 800 acres to be developed as estate lots, resort villas, townhomes, condominiums and an apartment complex. The estimated $1-billion undertaking is expected to be built out over the next 10 years. Azur Shell Landing Resort says it is in the pre-construction sales phase of the Islands at Shell Landing, a 200-unit luxury condominium complex to be constructed between the nine, 17 and 18 holes of Shell Landing Golf Club. The gated complex will consist of two-, three- and four-bedroom units in the lower floors of seven five-story buildings and loft units on the top floors. Richard Sanchez of CB Richard Ellis, the listing broker, says pre-sales began in February and 65% of the Islands’ units have been reserved. The reservations will go hard in August, he says. As for the commercially zoned acreage, Sanchez says it is planned for various retail development, including a village center ala Baytown Wharf in Sandestin, FL. The Village at Baytown Wharf includes residential-over-retail buildings in a pedestrian-oriented town center environment that includes nightlife, small boutiques, eateries, various street shows, and entertainment. “Short of gaming enterprises, everything you could want in a resort would be within the Shell Landing community,” says Carl Crawford, president of Azur Shell Landing Resort. “We’ll have a bank, pharmacy, grocery market, restaurants, a gas station, and a retail village, in addition to numerous recreational activities.”

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