With a minimum of 500 to 600 full-time employees, [tag]Laurelmor[/tag], a [tag]Ginn Clubs & Resorts[/tag] [tag]mountain-top[/tag] project under way in [tag]Wilkes[/tag] and [tag]Watauga[/tag] counties, is expected to add more than $2 billion in [tag]property value[/tag]s if it is built out according to a 10-year plan. One selling point is that the property is close to the [tag]Blue Ridge Parkway[/tag].

Laurelmor will be built in phases, with a master plan calling for about 1,500 homes, 1,000 condominium units or hotel rooms, two 1[tag]8-hole golf course[/tag]s, 50 miles of roads, a [tag]spa[/tag], [tag]water park[/tag], [tag]equestrian center[/tag], [tag]observatory[/tag] and other amenities. Ginn plans to hold a sale of lots in October and to open in 2009. Ginn expects to have a sales day in October for a first phase. A spokesperson said that the company hasn’t made completed lot prices for Laurelmor, but that the most inexpensive lot would likely be around $500,000. Developers have told local officials that the [tag]minimum home size[/tag] would be about 3,000 square feet, and some could be twice that big.

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