Webstar Technology Group Announces Partnership with Nelson Worldwide Architects for the Bear Village Resort in Commerce, Georgia
Webstar Technology Group (OTCQB: WBSR) has partnered with Nelson Worldwide Architects to design two major projects: the $650 million Bear Village mixed-use family resort in Commerce, Georgia, and a $1.2 billion development in downtown Atlanta.
The Bear Village project, planned for 120 acres, will include:
- Indoor and outdoor water parks
- Indoor adventure park
- Family entertainment center
- Indoor and outdoor racing tracks
- Aquarium
- Conference center
- 300 luxury hotel rooms
- 800+ fractional ownership and condo hotel rooms
- 105 luxury townhomes
The development aims to capitalize on the family entertainment industry, projected to grow to $60 billion in the next 5 years, with the racing sector expected to reach $250 billion by 2031.
Webstar Technology Group (OTCQB: WBSR) ha stretto una collaborazione con Nelson Worldwide Architects per progettare due importanti progetti: il Bear Village, un resort familiare a uso misto del valore di 650 milioni di dollari a Commerce, in Georgia, e uno sviluppo di 1,2 miliardi di dollari nel centro di Atlanta.
Il progetto Bear Village, previsto su un'area di 120 acri, includerà:
- Parco acquatico interno ed esterno
- Parco avventura al coperto
- Centro di intrattenimento per famiglie
- Piste da corsa interne ed esterne
- Acquario
- Centro congressi
- 300 camere d'hotel di lusso
- Oltre 800 camere in hotel con proprietà frazionata e in condominio
- 105 ville di lusso
Lo sviluppo mira a capitalizzare l'industria dell'intrattenimento familiare, che si prevede crescerà fino a 60 miliardi di dollari nei prossimi 5 anni, con il settore delle corse che dovrebbe raggiungere 250 miliardi di dollari entro il 2031.
Webstar Technology Group (OTCQB: WBSR) se ha asociado con Nelson Worldwide Architects para diseñar dos proyectos importantes: el Bear Village, un complejo turístico familiar de uso mixto valorado en 650 millones de dólares en Commerce, Georgia, y un desarrollo de 1.2 mil millones de dólares en el centro de Atlanta.
El proyecto Bear Village, planeado para 120 acres, incluirá:
- Parques acuáticos interiores y exteriores
- Parque de aventuras cubierto
- Centro de entretenimiento familiar
- Pistas de carreras interiores y exteriores
- Acuario
- Centro de conferencias
- 300 habitaciones de hotel de lujo
- Más de 800 habitaciones en un hotel de propiedad fraccionada y condominio
- 105 casas adosadas de lujo
El desarrollo busca capitalizar la industria del entretenimiento familiar, que se proyecta crecerá a 60 mil millones de dólares en los próximos 5 años, con el sector de las carreras que se espera alcance 250 mil millones de dólares para 2031.
웹스타 테크놀로지 그룹 (OTCQB: WBSR)는 넬슨 월드와이드 건축가와 협력하여 두 개의 주요 프로젝트를 설계했습니다: 조지아주 커머스에 있는 6억 5천만 달러 규모의 베어 빌리지 혼합 용도 가족 리조트와 애틀랜타 시내의 12억 달러 개발.
베어 빌리지 프로젝트는 120에이커에 걸쳐 계획되었으며 다음을 포함합니다:
- 실내 및 실외 워터파크
- 실내 어드벤처 파크
- 가족 오락 센터
- 실내 및 실외 레이싱 트랙
- 수족관
- 회의 센터
- 300개 럭셔리 호텔 객실
- 800개 이상의 분양 소유 및 콘도 호텔 객실
- 105개 럭셔리 타운홈
이 개발은 향후 5년 동안 600억 달러로 성장할 것으로 예상되는 가족 오락 산업을 활용할 것을 목표로 하며, 레이싱 분야는 2031년까지 2500억 달러에 이를 것으로 예상됩니다.
Webstar Technology Group (OTCQB: WBSR) s'est associé à Nelson Worldwide Architects pour concevoir deux projets majeurs : le Bear Village, un complexe familial à usage mixte d'une valeur de 650 millions de dollars à Commerce, en Géorgie, et un développement de 1,2 milliard de dollars dans le centre-ville d'Atlanta.
Le projet Bear Village, prévu sur 120 acres, comprendra :
- Parcs aquatiques intérieurs et extérieurs
- Parc d'aventures intérieur
- Centre de divertissement familial
- Pistes de course intérieures et extérieures
- Aquarium
- Centre de conférences
- 300 chambres d'hôtel de luxe
- Plus de 800 chambres d'hôtel en propriété fractionnée et en condominium
- 105 maisons de ville de luxe
Le développement vise à tirer parti de l'industrie du divertissement familial, qui devrait atteindre 60 milliards de dollars au cours des 5 prochaines années, le secteur des courses devant atteindre 250 milliards de dollars d'ici 2031.
Webstar Technology Group (OTCQB: WBSR) hat sich mit Nelson Worldwide Architects zusammengeschlossen, um zwei bedeutende Projekte zu entwerfen: das Bear Village, ein gemischt genutztes Familienresort im Wert von 650 Millionen Dollar in Commerce, Georgia, und eine 1,2 Milliarden Dollar Entwicklung in der Innenstadt von Atlanta.
Das Bear Village Projekt, das auf 120 Acres geplant ist, wird Folgendes umfassen:
- Innen- und Außenwasserparks
- Innenabenteuerpark
- Familienunterhaltungszentrum
- Innen- und Außenrennstrecken
- Aquarium
- Konferenzzentrum
- 300 Luxushotelzimmer
- Über 800 Zimmer in einem Hotel mit Teilbesitz und Eigentumswohnungen
- 105 luxuriöse Stadthäuser
Das Projekt zielt darauf ab, von der Familienunterhaltungsindustrie zu profitieren, die in den nächsten 5 Jahren auf 60 Milliarden Dollar anwachsen soll, wobei der Rennsektor bis 2031 voraussichtlich 250 Milliarden Dollar erreichen wird.
- Secured partnership with top-10 ranked architecture firm Nelson Worldwide
- Acquired intellectual property rights for Bear Village concept
- $650M Commerce project and $1.2B Atlanta project in pipeline
- Targeting fast-growing market projected at $60B in 5 years
- Diversified revenue streams through multiple entertainment venues and real estate
- Large capital requirements for both projects - funding sources not disclosed
- Projects still in early planning phase - no construction timeline provided
- High execution risk for multi-billion dollar developments
- No mention of secured financing or partnerships for project funding
Nelson Worldwide Was Named #9 on Building Design + Construction's Top 200 Architecture Firms for 2024, ranking them as one of the top architects in the country.1
Nelson Worldwide specializes in architecture, mixed-use design and master planning, engineering, sustainable design, and numerous other disciplines. The firm has designed both local and regional project developments such as:
- The Battery Entertainment Complex (Atlanta Braves Stadium):
Atlanta, GA - St. Regis Hotel:
Buckhead, GA - The Gathering Entertainment Hub at
South Forsyth :Alpharetta, GA - Velocity in the Gulch Housing:
Nashville, TN - Lowes Hotel:
Atlanta, GA
Webstar acquired the intellectual property rights to the Bear Village concept and is now moving forward with Nelson Worldwide to design its first Bear Village Entertainment complex where the project currently carries a
Bear Village will provide an array of extreme adventure sports for thrill seekers and the young at heart and will feature the following:
- Indoor and Outdoor Water Parks
- Indoor Adventure Park
- Family Entertainment Center
- Indoor and Outdoor Racing Tracks
- Aquarium
- Conference Center
- 300 Luxury Hotel Rooms
- 800+ Fractional Ownership and Condo Hotel Rooms
- 105 Luxury Townhomes
- Restaurants and Retail
- And other one-of-a-kind amenities
The destination is slated to sit on approximately 120 acres, and set to redefine family entertainment in the region, offering a diverse mix of attractions designed to captivate visitors of all ages. The facility will feature world-class water attractions, thrilling kart racing circuits, immersive adventure experiences, and cutting-edge entertainment options, establishing
"Our vision is to create an unparalleled entertainment experience that will attract families, thrill-seekers, and tourists from across the Southeast and beyond," said Ricardo Haynes, CEO of Webstar Technology Group. "With Commerce's prime location and strong community support, we believe this project will be a major economic driver, creating jobs and boosting tourism in the area."
Bear Village Resorts is dedicated to eco-friendly, sustainable development and community engagement, ensuring that the new resort will not only enhance the local economy but also contribute positively to the
Stay tuned for further announcements as we make progress on this exciting development as well as the location in downtown Atlanta.
About Webstar Technology Group
Webstar Technology Group (OTCQB: WBSR) is a leading real estate development company committed to innovation and excellence with a focus on leveraging cutting-edge solutions to drive growth and create value, and the Company is dedicated to delivering exceptional experiences for its customers and stakeholders. The Company is devoted to developing innovative projects that enhance the quality of life and provide unique entertainment, lifestyle and recreational experiences. With a focus on leading-edge entertainment, Webstar Technology Group is committed to creating destinations that inspire and delight. The Company will shortly be releasing more information on these and other relevant matters.
Investor Relations
Webstar Technology Group
P: (404) 994-7819
Donald R. Keer, P.E., Esq.
Corporate Counsel
Webstar Technology Group
P: (254) 704-2675
Forward Looking Statements Disclaimer: This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Webstar Technology Group Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Such forward-looking statements include the words "vision," "seek", "grow", "plan" and other expressions of a forward-looking nature. More information about the potential factors that could affect the business and financial results is and will be included in Webstar Technology Group Inc.'s filings with the OTC Markets, Securities and Exchange Commission and/or posted on the company's website.
1 Source: https://nelsonworldwide.com/nelson-ranks-9-in-bdc-top-200-architecture-firms-for-2024/
2 Source: https://www.otcmarkets.com/filing/html?id=17736543&guid=poO-kndlL_wfJth
3 Source: https://www.verifiedmarketresearch.com/product/family-entertainment-center-market/
4 Source: https://www.precedenceresearch.com/go-kart-market?
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SOURCE Webstar Technology Group
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