Lake Lawn Resort Receives Final City Council Approval for Next Phase of Development

Lakefront Resort Condo Sales in Full Swing

DELAVAN, Wis., Aug. 6 /PRNewswire/ — Delavan Resort Holdings, owners of Lake Lawn Resort, today announced that the City of Delavan Common Council has provided final approval for its next phase of development, allowing construction on the $ 80 million+ Villas of Harbor’s Edge project to begin August 2008.

Lake Lawn Resort (http://www.lakelawnresort.com/) anticipates that owners of the new Villas, which feature 130 new two and three-story luxury resort condos priced from $499,000 to $1 million, will take occupancy in the spring of 2009. Amenities include lushly landscaped grounds, boardwalk and a gated private swimming pool with an open-air pool house featuring a poolside bar and grill. The Villas have been designed for ultimate privacy and security, with secured semi-private elevators that will service no more than two units per floor, and an intercom/remote lock guest entry system. Housekeeping, room service, laundry and owner locker services will be available with all units.

“We are grateful for the Council’s approval of our project and look forward to beginning construction of this phase of our expansion,” said Pat Nelson, president of Delavan Resort Holdings.

“Having visited the property and being a licensed real estate professional in both Wisconsin and Illinois, I can see the tremendous value this will add to Delavan and Walworth County. It’s a very attractive addition to the resort that offers unique amenities to owners and guests,” said Mike Culat, President-Elect of Lakes Area REALTORS Association.

Thomas Ruhs, chief executive officer of Delavan Resort Holdings said that interest in the luxury condos has been high, due to the lakefront location and access to the marina. For resort guests and property owners alike, the resort features a 165 slip marina with fuel services, launch and store. Also available at the resort’s boat rental pavilion are Kayaks, pedal boats, jet skis and pontoon boats for rent.

In addition to the condo complex, Lake Lawn has completed nearly $45 million in improvements to the resort since 2004, most recently renovating the interior courtyard to accommodate meeting breakouts, receptions and weddings and expanding its Lookout Bar & Eatery, installing a new pier for “boat up” access to the property and all new meeting and social event space.

Lake Lawn Resort, owned by Delavan Resort Holdings, is located on 258 acres of wooded lakeside land with approximately two miles of shoreline on Delavan Lake. The Resort is less than a two hour drive from Chicago and 45 minutes from Milwaukee. Lake Lawn offers a full complement of indoor and outdoor activities, including a lakeside 18-hole golf course, full- service spa, courtyard shopping, indoor and outdoor swimming pools, tennis and more. For more information, visit http://www.lakelawnresort.com/ or call 800-338-LAKE.

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Source: Lake Lawn Resort