GUAM DEVELOPER PLANS GATED COMMUNITY IN TUMON

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By Gerardo R. Partido

SAIPAN, CNMI (Mariana Variety, Jan. 11) - Access Development Inc., a locally owned company, will officially break ground on Talo Verde Estates, Guam’s newest premier gated luxury residential community.

The anticipated luxury residential property is located in Upper Tumon overlooking Tumon Bay, near the SDA clinic.

Talo Verde Estates spans some 133,120 square meters and includes a large communal neighborhood area of 12,864 square meter and an unprecedented 8,089 square meter central "ocean view" park designed to be shared by all estate residents.

Brian Suhr, board member of Access Development, said the central park defines the property’s "design virtue" and was the inspiration for the naming of the estate.

Talo means "central" in Chamorro and verde means "green" in Spanish.

"The center park provides an area for children to safely play, a place for weekend gatherings, and makes a great place to exercise or meet neighbors," added Michael Hahm, board member of Access Development.

A total of 82 homes will be built on the luxury estate property, with 63 lot/homes available for purchase.

Buyers will have up to five architectural designs to choose from.

"Our architects have done a wonderful job in offering our customers a variety of themes to choose from. We have Tuscan, Valencia and Bordeaux designs which are very beautiful," said Jinky Aca, project manager for Access Development.

The first phase of construction will start in May 2007 with the last phase of construction ending by the middle of 2008. The estate also plans to add 36 town homes into the mix for buyers looking for an alternative to a single-family home solution.

"Access Development is very bullish on Guam’s economic future and they are committed to add value to the island by developing commercial and residential projects that inspire both form and function to those who experience it," said Chris Felix, president and principal broker of Century 21 Realty Management.

"The groundbreaking ceremony is to celebrate with our cliff side and premiere property owners who saw this beautiful project and immediately invested in it. We want to invite anyone looking to purchase a ground-up brand new luxury home in the next few years to visit their realtor and ask about Talo Verde Estates. I’m confident they will be pleased," Suhr said.

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