Sales Office for Private Club to Open

Cedar Key Hotel Holdings LLC will open a sales office on Second Street the first of February. Twenty-four units of a private club will be sold to a total of one hundred ninety-two owners, each entitled to four weeks of occupancy and additional weeks as they become available.

Roy Norton, who spoke to Cedar Key News for the builders, said that there will be twelve two bedroom units and twelve three bedroom units built at the corner of Third and B Street. The two bedroom units will sell for a preconstruction price of $163,125.00. The three bedroom units will sell for $235,000.00. Pat Currie, a Gainesville real estate salesman for many years will be the Sales Manager.

Norton mentioned a special club feature available to owners, i.e., a flotilla of twenty-four skiffs ranging from 18 to 23 feet at the future club marina on Third Street. An owners association will represent the one hundred and ninety-two owners. Other aspects of the Cedar Key Hotel Holdings LLC project include a forty-two room hotel on Third Street, a 120 seat theater, a restaurant, a bar, and 5000 square feet of commercial space facing on Second Street between B and C Streets.

The project has progressed to the point of opening a sales room. Norton said that he hopes to complete the entire project by Labor Day of 2007. He added that the Cedar Key Water and Sewer District has verified the availability of water and waste water treatment capacity to the project. The issue of earmarking tax money generated by the project for use by the Community Redevelopment Agency only in the Historic District for ten years has not been resolved with the City Commission. However, the Commission has made it clear that restoration of the historic structures must be concurrent with construction of the private club and hotel.

The overall strategy of the Cedar Key Hotel Holdings LLC is to develop off-season use of the private club and hotel, thereby creating year surround jobs for a staff of seventy-five. A special feature of the jobs will be health benefits for the staff.

Norton said that a rumor of a mainland jetport was nothing more than cocktail party talk, but that discussions are ongoing with the Cedar Key Eagles regarding the Eagles' property.