This season's only project to break ground in Naples celebrated by the building industry.

NAPLES, FL – More than 250 people gathered to celebrate the official groundbreaking of Aqua at Pelican Isle Yacht Club on January 24th, in a ceremony which included a champagne toast by area building and real estate industry professionals. Aqua is the only Naples condominium community commencing construction as scheduled this quarter, as other projects have been postponed due to lack of sales. Approximately half of the residences in Aqua's north tower are sold, and The Bentley Sales Group expects strengthening sales trends in 2007.

Ed Oelschlaeger, President of Aqua's development company, EcoGroup, Inc., started. "Aqua is a prime example that the local luxury real estate market is warming up." "Because of Aqua's spectacular design, yacht harbor location and resort style amenities, it continues to draw a lot of interest. Now that we are under construction, I expect sales to continue at a steady pace."

Aqua's celebration was more than a typical groundbreaking ceremony, as event guests were given a sneak preview of how the luxury residences would be outfitted. Representatives from Snaidero Cabinets, Waterworks Plumbing fixtures, SUBZERO/Wolfe appliances and Galati Yacht Sales were on site to show off their contributions to the upscale residences, which will include gourmet kitchens, grand master suites and sophisticated designs with breathtaking views of the Gulf of Mexico. A scale model of the community was also moved onto the construction site to give a more dramatic view of the new addition to the Naples waterfront.

Click here to learn more about Aqua Pelican Isle Yacht Club >

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