Article: FAIRFIELD COMMUNITIES, INC. COMMENCES DEVELOPMENT OF NASHVILLE RESORT; Comments on Outlook for Vacation Ownership Sales in 1995 - 1996.

LITTLE ROCK, Ark. and NASHVILLE, Tenn.--(BUSINESS WIRE)--Dec. 21, 1994--Fairfield Communities, Inc. (Nasdaq: FFCI), one of the nation's largest vacation ownership companies, today announced that it has commenced development of a new project, Fairfield Nashville at Music City USA, in Nashville, Tennessee.

Fairfield Nashville will initially include 150 units which will be constructed on a 13- acre property at the corner of McGavock Pike and Pennington Bend Road, directly across from the Opryland Hotel. The first condominium units are expected to be ready for occupancy in mid-1995. The Company also has an option to purchase an adjacent 12-acre parcel for the ...

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