6/21/09 UPDATE: Seasons Clubhouse had a grand opening on 6/20/09. To see it, here is a map.
On 6/15/07 I was e-mailed by a Levitt Real Estate agent this information: "..., please check the Sun News June 28 for press release re grand clubhouse Groundbreaking celebration." I just did a search on the Sun News (MyrtleBeachOnline.com) and could not find the announcement. But, that doesn't mean that it didn't run, or that the groundbreaking ceremonies didn't happen. (See "Levitt's 'Seasons at Prince Creek West' Still Has No Clubhouse")
I hope the groundbreaking ceremonies did happen, but even if they did, it doesn't mean that the building will be finished and usable in 6 months (January, 2008). I hope that it does happen, as the people who bought into that development early on were promised these "Amenities and Activities", and they are still waiting for them.
This Levitt news release of 1/23/06 says: "Levitt Corporation Expands Homebuilding Into South Carolina; Subsidiary Levitt and Sons Opens its First Active-Adult Community in South Carolina, 'Seasons' at Prince Creek West." So, it now is almost a year and a half later and still no Clubhouse, even though this photo of a street full of model homes (courtesy of "LivingChoices.com") shows a very similar street to where the Levitt "Prince Creek West" buyers are now living.
The image of the proposed Seasons at Prince Creek West Clubhouse in this blog post came from the official 1/23/06 "Levitt Corporation News Release" (the images appear to change from time to time, so the Clubhouse image may not show when you look). The Clubhouse image sure looks nice, though, and I'd bet that the people who buy into this development will enjoy it. I'd also bet that the Levitt Realtors that sell the properties really want to see the Clubhouse completed, too.
So, I wish Levitt Corporation well, as it has a well documented and famous history. Maybe, the information in this 7/12/07 BFC Financial Corporation Press Release will help. It says: "BFC Financial
Corporation (NYSE: BFF) ("BFC" or "the Company"), announced today that it sold 10,000,000 shares of its Class A Common Stock at a price of $3.40 per share for settlement on July 17, 2007. The shares sold by the Company are expected to raise net proceeds of approximately $32 million after underwriting discounts and commissions." It goes on to say: "The Company intends to use the proceeds of the offering to support Levitt Corporation either as a result of the proposed merger with Levitt or, if the merger is not consummated, in connection with Levitt's previously-announced intention to pursue a rights offering and for general corporate purposes."