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Article: Star Resorts Mendoza Vineyard Project Overview.
- Article from:
- Business Wire
- Article date:
- May 27, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MIAMI -- Star Resorts Development, Inc., (the "Company") (NASD OTCBB: SRDP) headquartered in Miami, Florida, is a publicly traded U.S company focused on emerging growth property markets.
Mendoza Vineyard Land
Star Resorts owns approximately 47 acres of vineyard land within "Santa Maria de los Andes" (SMA) the largest (over 1,800 acres) and highest end mixed use project currently being developed in Lujan de Cuyo, Mendoza, next to Argentina's most prestigious vineyard, Bodega Catena Zapata. The Company's land was bought at the inception of the project, and the neighboring plots are currently selling at close to double the price Star Resorts paid. The land ...