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

Laurelmor will be built in phases, with a master plan calling for about 1,500 homes, 1,000 condominium units or hotel rooms, two 18-hole golf courses, 50 miles of roads, a spa, water park, equestrian center, observatory 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 minimum home size would be about 3,000 square feet, and some could be twice that big.

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