

The master plan provides for 272 condominium units?seventeen buildings containing 16 units each located in three groupings on sites to the south, middle and north areas of the development. Condominium buildings are designed for four floors over a parking level with an elevator and stair serving each level by means of common breezeways. Typical units will consist of 1250, 1475, 1750, or 2250 square feet. The penthouse will feature a loft bedroom and bath ad a large roof terrace. Condominiums offer commanding views to the lake, natural preserve, and the City of Morristown. We plan to begin taking reservations for the condominiums very soon. The first condominiums will be located on the point with amazing lake and mountain views. Condominiums are scheduled to begin in 2007. Projected pricing will be $399,900 to $649,900.