Project Update from Our Founder
I am sending this letter personally to provide you with an update on the latest status of Water’s Edge Resort.
As you all know, this has been a crazy year for, well… for the planet. While we have spent most of it in some level of quarantine, or with a 6’ barrier between us I feel we are recovering well.
These unique events of 2020 have also had an unexpected effect on the progression of the resort. Covid has impacted banks and suppliers alike into a state of pause that we did not think would happen. Construction has been understandably delayed and while we understand, we are also very motivated to get things underway.
However, in response to the markets and a surprisingly busy summer, we have decided to push construction of our next building to the spring. We feel this is a smart move that will create additional support from interested parties looking forward to purchasing, but also, and perhaps more importantly, deliver our Lakeside Residences in the spring as opposed to autumn.
The reception of the initial offering has been strong and interest in ownership continues to grow. The reservations on both the fractional and whole ownership options keep coming in. Our HOA docs and the final plat will be recorded by the end of the month, and we will begin accepting signed real estate contracts soon thereafter.
This has been a true labor of love for me, and as we continue to grow, so does our commitment to my Bear Lake community of businesses and vacationers alike.
Thank you for your support. We are excited to break ground on the next phase and continue our dream into the spring.
Please stop by the sales office anytime or say hey the next time we see each other at Cody’s, the Spa or the Surf Club.