Bluegreen Vacations(TM), a Subsidiary of BBX Capital Corporation, Announces Grand Opening of Charleston's King 583 Resort
July 10, 2017 Bluegreen Vacations(TM), a subsidiary of BBX Capital Corporation, Announces Grand Opening of Charleston's King 583 Resort FORT LAUDERDALE, FL and BOCA RATON, FL -- (Marketwired) -- 07/10/17 -- BBX Capital Corporation ("BBX Capital" or the "Company") (OTCQX: BBXT)(OTCQX: BBXTB)announced today that its wholly-owned subsidiary, Bluegreen Corporation ("Bluegreen Vacations" or "Bluegreen"), recently welcomed its first guests to its newest resort, King 583, located in Charleston, South Carolina. Newly built, Bluegreen's King 583 offers timeshare owners and guests 50 luxurious units. Located on historic King Street, acclaimed as one of the Top 10 most famous streets in America, the resort is situated in Charleston's revamped retail district. This site is within walking distance to restaurants, art galleries, chic boutiques, funky bars, and trendy nightlife. Marked by a modern, sophisticated vibe, King 583 stands five stories high and features 22 studios, 19 one-bedroom accommodations, 5 two-bedroom units, and 4 two-bedroom luxurious presidential suites. Amenities generally include half-and-full kitchens, complimentary WIFI, flat-screen televisions, granite countertops, fireplaces, balconies, and a Zen-type courtyard. "There is nothing our owners love more than an exemplary new resort," said David Pontius, Bluegreen's Chief Strategy Officer. "With the introduction of King 583, owners will be offered the terrific features synonymous with Bluegreen resorts. This new resort gem is well situated in the unique tourist area of Charleston, where the warmth of Southern Hospitality reigns supreme." Developed as part of Bluegreen Vacations' "fee-based services" business mode(l1), this project follows Bluegreen's Horizons at 77th, located in the neighboring town of Myrtle Beach.
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