The Tradition of Old Town Pinehurst

Fore Properties Realty Inc., a member of Leading Real Estate Companies of the World® is proud to announce the addition of Mike Doninger to their broker sales team, and Fore Properties affiliation with the marketing of The Tradition of Old Town, Pinehurst’s new upscale luxury townhouse community.

Doninger, in tandem with Wayne Haddock of Pinehurst Homes, Inc. is developing The Tradition of Old Town, a unique and upscale 20 town home project. Ground breaking ceremonies were held on Oct. 23rd and the grand opening the Design Center showroom was held this past Thursday evening.

Wayne Haddock of Pinehurst Homes, Inc. was carefully selected as the builder for The Tradition of Old Town. Pinehurst Homes, Inc. is the only builder honored with 11 straight Home builder awards, including 15 awards for Home of the Year from the Moore County Home Builders Association.
“My home is in the Village of Pinehurst. The preservation of the Village is a top priority of mine. I have restored numerous homes in the Village and take great pride in the final product. The Tradition of Old Town is a town home project consisting of 20 individual units. Each unit was designed featuring a historical home in the Village. I am extremely proud to be associated with a development group whose intent is to maintain the architectural ambiance of Pinehurst. They are committed to deliver a well built, upper end product that we can all be proud of. This is a great start for the New Core Historical District that will set precedence. I am proud to be a part of it. The permit that was pulled for this project is the 25th for Pinehurst Homes, Inc. in the historic district. We are very proud of this distinction” says Haddock

“The Tradition of Old Town will be a world class community in a world class Village honoring the history and spirit of Pinehurst and ushering in another page to the town’s storied history. Mike is doing everything possible to honor that tradition and will be a very familiar presence on site, shepherding the property to its completion.” Bill Sahadi, owner/broker of Fore Properties adds.

Mike Doninger enthusiastically speaks about his project. “The Tradition of Old Town is the culmination of a dream of mine to combine my love of golf with my chosen professions of real estate and land development. I have a deep respect and appreciation for Pinehurst’s rich history and reputation as one of the world’s foremost golf Meccas.

There are only twenty town homes being offered and all come with a membership to the Pinehurst Country Club. This membership includes access to six Pinehurst golf courses, including world famous Pinehurst No. 2. In addition, Pinehurst Country Club members enjoy access to tennis, lawn sports, dining, social activities, pools, beach club and spa facilities.

Some of the features of these 20 custom residences, which range from 3100 – 3700 sq. feet, include state of the art appliances, bathroom & kitchen fixtures, European tile, granite surfaces, hardwood flooring, two car garages with optional buildable space above for home/office, recreation room or live-in help purposes. “Although these homes come with every conceivable option we will work closely with our future owners to further customize any facets of the homes they choose, comments Cindy Baker, Allied Member, ASID, and owner of CJ Designs located in the Historic district of Fayetteville.

“On a long term basis, and in conjunction with future planning, The Tradition of Old Town will continue to capture and preserve the feeling that Pinehurst evokes. That will never change.” comments Sahadi.

For more information about The Tradition of Old Town, please contact Mike Donninger at 919 280-3086 or Bill Sahadi at 910 638-0888.

www.foreproperties.com

Experience Matters!
Bill Sahadi - Broker / Owner
1140 Old US 1 Southern Pines NC 28387
Office: 910.692.4211
Toll Free: 800.473.5037
Cell: 910.638.0888
Pinehurst Real Estate • Southern Pines Real Estate
Seven Lakes Real Estate • Moore County

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For more information about this and other Pinehurst Real Estate, contact Bill and be sure to visit www.ForeProperties.com.

Click on the image below to read more about 201 National Drive in Pinehurst, North Carolina.

201 National Drive - Pinehurst North Carolina

Pinehurst Real Estate
Pinehurst, NC
Nicklaus designed golf course at the National
Pleasant drive to Fort Bragg, Chapel Hill, Cary, Fayetteville, Raleigh, Durham and other North Carolina locations. Just a quick trip to RDU International.

Texas, North Carolina and Georgia have the best business climates among the 50 states, according to a recent survey of executives by Development Counsellors International.

North Carolina ranked second among the 281 respondents, with 30 percent saying the state has the best business climate.

Texas was No. 1 among 41 percent of survey participants, while Georgia was third (20 percent). They were followed by Tennessee and Florida (15 percent each) and Nevada (14 percent).

Executives frequently cited a strong labor market and low operating costs in selecting the top states.

The poll placed California, New York and Michigan at the bottom.

China, India and Mexico were selected as the top countries outside the U.S. for investment.

Development Counsellors’ “Winning Strategies in Economic Development Marketing” survey has tracked development trends since 1996.

The New York-based organization specializes in economic development and tourism marketing.

For more information about Pinehurst Real Estate, contact Bill and be sure to visit www.ForeProperties.com.

For more information about this and other Pinehurst Real Estate, contact Bill and be sure to visit www.ForeProperties.com.

1645 Wadsworth Road

Pinehurst Real Estate specialist

Bill Sahadi, CRS

Of all households surveyed with assets of at least $250,000, more than half (54 percent) said their discretionary spending remained the same over the previous three months. Another 20 percent said their spending increased during the same period.

Households with assets of more than $1 million were affected even less: 86 percent said they expected their spending to remain the same or increase for the March-May 2008 period. Respondents who said they might decrease their spending cited dining out, entertainment, clothing and jewelry, and leisure travel as the likely cuts.
Bill Sahadi, CRS
Pinehurst Real Estate

Certified Residential Specialist