Improving ParadiseImproving ParadiseKeeping Longboat, LongboatKeeping Longboat, Longboat

Our Challenge

• Club and Town of Longboat Key Are Intrinsically Linked

• As a Community, Longboat Faces a Critical “Tipping Point”– In the luxury club and resort

markets, aging 1970s/1980s-era properties can’t compete

– Erosion of island commerce: affluent travelers & real estate buyers look for other options

• Indicators– 2007: Town’s 20-year “Vision Plan”– 2008: Overwhelming approval of

March referenda

Improving Paradise

Keeping Longboat, Longboat

A Collaborative Solution

• Initial Enhancement Plan Announced in April

• Actively Engaged Community– Adopted proactive

communications approach– Discussed proposal & gathered

input– Listened & responded to areas

of concern• Goals:

– Ensure long-term vitality of Club and Longboat Key

– Maintain Club’s role as a primary economic engine for the island

Improving Paradise

Keeping Longboat, Longboat

A Collaborative Solution

• Result: Newly refined, scaled- down plan– Reflects collaborative

discussions with community leaders and residents

– Balances residents’ concerns & Club’s needs

• Most significant refresh in decades

• $400 million investment in community

• Exactly what Longboat asked for and needs to maintain its historic charm and vitality

Improving Paradise

Keeping Longboat, Longboat

Plan Highlights

• Rees Jones 18-hole Golf Course• New Golf Clubhouse • Wellness Center with Spa &

Fitness Facility• 2 Golf Club Condo Residences• New Hotel & Meeting Center• 2 Villa Townhomes• Increased Open Space &

Recreational Areas

Improving Paradise

Keeping Longboat, Longboat

Plan Highlights

• Scale & Density: mindful & complementary

– Significant reductions from initial April plan

– Innovative use of acreage & existing resources

• Traffic concerns mitigated– Enhanced “pedestrian-friendly”

design– Revamped shuttle service routes– Redesigned flow at gates

• Overall: Contributes directly and indirectly to Longboat’s continued prosperity

Improving Paradise

Keeping Longboat, Longboat

Plan Highlights: At A Glance

Improving Paradise

Keeping Longboat, Longboat

Improving Paradise

Keeping Longboat, Longboat

Golf Club Condos

Villas on the Pass

New Golf Clubhouse

Wellness Center

Resort Meeting Center &

Administration Bldg

Inn on the PassHotel

Improving Paradise

Keeping Longboat, Longboat

Improving Paradise

• Preserves Island’s Aesthetics– Complements architecture of

surrounding homes & businesses

– Respects neighbors’ sightlines

• Improves Club’s “Environmental Footprint”– Leverages industry

advances of last 20+ years– Opens doors for LEED

certification & green initiatives

Keeping Longboat, Longboat

Benefiting Our Community

• Economic Study by Respected Fishkind & Associates

• Findings:– Home values: Increases by an

estimated 7-12% above overall market appreciation

– Employment: Supports 700+ area jobs

– Local economy: Generates a cumulative net fiscal surplus of $16 million in next 30 years – funds that can be used to reduce taxes or increase services

Improving Paradise

Keeping Longboat, Longboat

Benefiting Our Community

• Consistent with Longboat Key’s 20-year Vision Plan– Considered blueprint for the

island’s future: “Keeping Longboat, Longboat”

– Supports Three Goals of Plan:

Preserve island’s historical tourism base

Maintain viability of local businesses

Upgrade aging commercial structures and resorts

• Action is required nownow to revitalize Longboat Key’s historic allure & prestige!

Improving Paradise

Keeping Longboat, Longboat

Questions

Improving Paradise

Keeping Longboat, Longboat

Conclusion

• Our Challenge• A Collaborative Solution• Plan Highlights• Improving Paradise• Benefiting Our Community• Questions• Conclusion

Improving Paradise

Keeping Longboat, Longboat