South Village informational meeting held
(see example of "paper lot" marketing at bottom of page)
By JC Huntington
Dateline: Oracle Arizona, April 12, 2001
Posted to Poisoned Wells May 7, 2001

        Approximately 100 area residents attended a meeting on the proposal to build a large community a few miles north of Oracle Junction called the "South Village."

       The meeting, hosted by Alex Argueta of Remington Properties, L.L.C, took place April 12 in the Mountain View School gymnasium. Remington Properties is a company hired by the landowner to manage the early phases of the project. 

       Large sketches showing an artist's concept of houses and other elements of the proposed development were fastened to a wall of the gym with masking tape. 

       The relevance of these drawings to the reality of the South Village is not clear since Remington will not do any of the actual construction work. 

       Home building companies, yet to be identified, will do the home building after Remington has secured the zoning and taken care of all the required legal and procedural technicalities. In other words, the job of Remington Properties is to create "paper lots" which can then be sold to homebuilders by the landowner, Anam, Inc. 

       According to Argueta, the objective of the meeting was to allow residents affected by the development to hear details of the proposal.

       About a third of the audience was made up of residents that live closest to the proposed village in the general area of Pinal Pioneer Parkway and Park Link Drive. For some reason, Argueta failed to notify these folks of the meeting. Argueta apologized to the group and promised that the Pioneer Parkway community would not be forgotten in the future.

       A great deal of the meeting time was taken up by consultants hired by Remington who described very general concepts the home building companies will supposedly use if the South Village is built. 

       With the limited time left, resident's questions regarding the specifics of the concepts as well as scores of others could not be answered in the meeting. Instead the questions were written down and Argueta promised to mail the questions with answers out to those signing a mailing list. 

       Argueta did not say when the answers would be made available.

       Near the end of the meeting a call for a show of hands revealed 5 of the 100 attendees favored the proposal.

       The meeting dissipated when the attendees began milling about and talking amongst themselves.
 

An example of marketing paper lots

The web page of a fellow named Jeff Woolson, who markets of golf-related properties provides an example of how paper lots are marketed. 

The following is a copy of a snippet of  Woolson's web page as of May 7, 2001.

Take a look at the second entry on the page -- the one titled, "An 18-hole championship length golf course, located near Yosemite" and note that this property features "218 paper lots" (emphasis supplied):
 





Oak Valley is located approximately 80 minutes outside of Seoul, Korea and is a luxury golf resort with 36 holes of R.T. Jones Jr. designed golf, 547 condominiums, and many other amenities on 2,200 acres. This is a joint venture opportunity to build 788 additional units, another golf course and ski resort.

Asking price is: Submit Offer.

An 18-hole championship length golf course located near Yosemite National Park in Madera County, California and features 41 completed lots, 218 paper lots and a 54-site recreational vehicle park with full hook ups.

Asking price is: Submit Offer.

Woolson's web page may be found here: http://www.cbgolfproperties.com/jwlistings.html

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