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7/00 Press Release
     
 
Bison to Market Largest Marina Development in 30 Years

CLEARWATER, FL - Bison Financial Group, Inc., a real estate brokerage firm based here, announces that they have exclusively listed six commercial lots at Riviera Dunes, the largest mixed use marina, commercial and residential development on Florida's West Coast built in 30 years.

The broker has initiated a marketing effort to find a combination of restaurants, retail stores and hotels that will complement the overall master plan of the community. The six parcels have a land area of 12.87 acres and are valued at approximately $5.5 million. Developer Dennis Bradford notes that, "Considering that the harbor is slated to open in September and all of the residential home sites have been sold to First Dartmouth Homes, the award winning St. Pete luxury home builder, it made sense to select one firm to quarterback the commercial sales and marketing efforts." According to David Repka, President of Bison, "The outparcels are located next to the Manatee County Convention Center in a location that has one of the highest traffic counts in Manatee County."

The community features 400 deep-water boat slips in one of only three 'hurricane harbors' in the State of Florida. The Riviera Dunes Harbor is a once-in-a-lifetime engineering feat - a former dolomite mine, permits have been obtained to allow the mine to be graded to an 18' deep sea bottom, and two 'cuts' (one navigable) are currently being constructed to allow the new harbor to have access to the Manatee River, which leads to the Gulf of Mexico. In addition to the three community marinas, planned condominium marina, and 220 slip public marina, lot owners with homes abutting the harbor will be permitted to construct their own private docks.

A vital component of the Riviera Dunes complex is the planned commercial and recreational facilities available between the harbor's western shores, and U.S. Hwy. 41. David Repka, President of Bison notes that, "We are looking for unique retailers, restaurants and hoteliers that will synergistically complement the proposed Tony Jacklin Golf Academy & Aqua Range, the proposed gas / convenience store and the proposed public marina featuring a mega yacht sales center." Bison has constructed a web page featuring the commercial lots at Riviera Dunes that can be viewed at http://www.bisonfinancial.com/selling/riviera_salespkg2.html.

Bison Financial Group, Inc. has participated in the sale and finance of approximately $200 million in commercial real estate projects since David and Jared Repka founded the firm in 1994.