Alaqua - A V E N T U R A-

ALAQUA MET WITH EARLY SUCCESS IN AVENTURA
GDC Premier Communities Debuts Waterfront Residence with European Charm
AVENTURA, FL—(October 9, 2003)--

Michael Mulhall, director of Orlando-based GDC Premier Communities of Florida, reported today that Alaqua, the company’s first development in Miami, is enjoying phenomenal success soon after making its Aventura debut. Located at 3001 NE 185th Street in the heart of downtown Aventura, Alaqua will be a waterfront property with a private marina. The condominium will be close to the soon-to-be developed Town Center and Loehman’s Plaza and just minutes from South Florida’s major airports and dining and shopping venues.

Miami Lakes-based Architecture firm of Cohen, Freedman, Encinosa is designing Alaqua. The 193-unit building will be built with three varying elevations and will be a Mediterranean-inspired property with terracotta stucco, lushly landscaped courtyard and fountain features. “We are creating the perfect environment for people who want to be comfortably nestled within a thriving metropolis where their options are limitless. We chose Aventura for its affluent, sophisticated international atmosphere and Alaqua will reflect that taste,” states Mulhall.

One to three bedrooms range from 900 to 1,900 square feet with prices from the $300,000s. Residences will be well appointed with water or courtyard views, 10-foot ceilings, polished granite countertops in kitchens, high-end energy efficient appliance packages, walk-in showers and roman tubs in master baths, high-speed Internet access, and full-capacity washer and dryer.

Residents of Alaqua will enjoy a regal arrival through an elegant porte cochere and a beautifully appointed two-story lobby. Building amenities include a resident clubroom with adjoining kitchen, a lushly landscaped promenade, oversized pool, heated spa, fountain, 24-hour guard, valet and housekeeping services. Plus, an 1,800 square-foot state-of-the-art fitness center overlooks the waterway.

International Sales Group is the exclusive sales and marketing organization for Alaqua. For more information call (305) 918-9988, visit www.alaquamiami.com. An on-site sales center is scheduled to open in March 2004.