Feb. 16, 2012

KITSON & PARTNERS ON PAR WITH NEW LUXURY

NAPLES, Fla. (Feb. 16, 2012) In 2006, a Florida developer set out to create one of the country’s most luxurious residential enclaves in a prime Naples, Florida location. No expense was spared for the project called Tuscany Reserve with hundreds of millions invested in infrastructure, including a top-ranked, meticulously-kept golf course created in a rare collaboration between Pete Dye and Greg Norman. Then…the world, the project and the definition of luxury abruptly changed.

Today, Kitson & Partners, a private real estate and development company that acquired the trophy project last February, embarks in a bold new direction for Naples – one that reinterprets luxury and the country club experience for a new era. Tuscany Reserve is now Talis Park.

“Talis Park is a contemporary interpretation of ‘the good life,’ which is less about grandeur and formality and more about a relaxed lifestyle that speaks to young-minded, socially active and health conscious vacation homebuyers, while remaining true to Naples’ elegant and upscale way of life,” said Syd Kitson, Chairman and CEO of  Kitson & Partners. 

With a track record spanning 18 years, the Palm Beach Gardens-based company has successfully developed and managed several large-scale, master-planned communities, both in Florida and the Northeast and is best known as one of the largest land owners in Florida.

For the last year, Kitson & Partners has focused on creating an aesthetic and diverse architectural palette that appeals to consumer values and authentically reflects the surroundings to impart a sense of harmony. The vision for Talis Park is to create a setting that exudes relevant luxury, distinguishing itself from the contrived atmospheres often associated with upscale developments.

Three new neighborhoods will offer an inviting network of meandering trails and pathways leading to the village center. Overlooking the water or acclaimed Norman & Dye golf course, three refreshingly distinct home collections will be unveiled to embody the new spirit of the community, with free-flowing indoor/outdoor living spaces, beautiful views, and prices ranging from $700,000 to $2 million plus. The homes will be built by the area’s top builders with no detail spared.

Nowhere is the “old guard” vs. “new guard” transformation more evident than the Vyne House.  Envisioned as a community gathering place lacking in any and all pretense, The Vyne House is a charming, multi-purpose village center with a lively interplay of indoor and outdoor spaces, housing the golf club and pool, a spa, racquet club, fitness center, and an ice cream shop and café serving fresh, local fare along with stone oven-baked pizza, wine and coffee. The adjacent Great Lawn will offer the perfect setting for events, from wine festivals to concerts and movie screenings.

“Talis Park is extremely well positioned to benefit from the recovering market, growing demand and the changes in buyers’ sentiment,” added Kitson. “It isn’t just luxury that has evolved; so too has the mindset. There is a renewed focus on value and I’m confident that the ‘smart money’ will recognize the rare timing to purchase a home with an excellent Naples address where the considerable infrastructure costs have already been absorbed and buyers become the beneficiaries.”

“We are very excited about the re-launch of Talis Park. The Naples luxury market is quickly rebounding. Naples continues to be one of the most sought after places to live in the country and the near term and long term outlook is very positive. With strong financial backing, a strategic new vision, and a broad range of architectural styles, Talis Park will fulfill its vast potential as one of the premier golf club communities in Florida,” said Milton Flinn, Chief Operating Officer of Talis Park.

Talis Park, located at 16990 Livingston Road, is poised to become one of Florida’s premier luxury golf and residential destinations. For more information, or to join our registry to follow the progress of Talis Park and receive advance notice of upcoming events/ offerings, call (239) 261-6798 or visit www.talispark.com.

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About Kitson & Partners Kitson & Partners was founded in 1992 and currently owns approximately 21,000 entitled residential units, 6.2 million square feet of commercial entitlements and 1.6 million square feet of existing retail shopping centers in Florida. Kitson & Partners received a substantial entity-level equity investment in 2006 which has enabled the company to continue pursuing real estate opportunities throughout the downturn. The company’s pension fund backing provides Kitson & Partners with significant financial strength and allows the company to take a long-term view of the market. For more information, visit www.kitsonpartners.com.