The Panama City International Airport is just a year away and the plans for this area to explode is on the eyes of the nation.
New Bastion Development, Inc. Retains Case Golf Company to Explore Golf Opportunities in Northwest Florida
Tuesday, April 28, 2009; Posted: 09:47 AM
New Bastion Development, Inc. ("New Bastion") (OTC Pink Sheets: NWBA), a real estate company that was formed for the purpose of exploiting local real estate opportunities in the Panama City Beach/Marianna, Florida area, announced today that it had retained the services of Roy Case of Case Golf Company, a leading golf course architecture firm, to explore various potential sites in Northwest Florida for the construction of a world class, eco-friendly golf course.
"We are very excited to be working with Roy Case," stated Elliot Bellen, CEO of New Bastion. "I have played several of Roy's courses, and he is absolutely brilliant at creating a unique golfing experience while preserving the innate qualities of the underlying land. With the imminent opening of the new Panama City international airport in May 2010, we anticipate that there will be a tremendous demand for a world class golf course."
About New Bastion Development, Inc.
New Bastion (www.newbastiondevelopment.com) is a development stage company that is exploiting local real estate opportunities in the Panama City Beach/Marianna, Florida area where a new international airport is being built on 4,000 acres of land donated by the St. Joe Company. Construction of the new airport is currently three months ahead of schedule www.newpcairport.com) and is expected to be operational by May 2010. It is anticipated that the new airport will create a significant number of jobs and economic opportunity in the region. New Bastion currently maintains an inventory of real estate in the region that consists of raw acreage, commercial property, and platted lots in existing communities. It intends to acquire additional properties in the region with the intent to market and develop such properties as demand increases as a result of the growth in the region.
About Case Golf Company
Case Golf Company (www.casegolf.com) is a full service golf course design firm based in West Palm Beach, Florida. Since 1988 we have been designing a wide-ranging portfolio including municipal courses, private clubs, prestigious real estate developments, and internationally rated resorts. The success of our company has been founded upon very simple precepts: understanding the land, listening to our clients, designing for the end users, and sticking religiously to course budgets. Our design philosophy is centered around the idea that golf is a game, and games are meant to be enjoyed. It is our responsibility to provide visual and playing experiences with such intrinsic challenge, beauty, variety, playability, and excitement that a broad spectrum of golfers, of wide ranging abilities, will wish to return to play our courses and continue to enjoy the grand old game. Our course portfolio includes among many others: Panther Trail Golf Course at The Woodlands, New Jersey National in Basking Ridge New Jersey, Memphis National which was designed for Arnold Palmer Golf Management, and the ever popular Okeeheelee Golf Course in West Palm Beach, Florida which has played over 1,000,000 rounds since opening in 1995.
Forward-Looking Statements:
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the Company and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the Company may differ materially from these statements due to any number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, or intentions regarding the future. The Company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. Potential investors should independently investigate and fully understand all risks before making investment decisions.
SOURCE New Bastion Development, Inc.
Saturday, May 2, 2009
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