CAPE CORAL, Fla. (Jan. 23, 2008) — Grosse Pointe Development Company is now offering fractional ownerships at The Resort at MarinaVillage Residence Club in Tarpon Point Marina, announced sales director Lauren Snyder-Hagan.

“Fractional ownership offers buyers the smart way to own a vacation home at the Resort at MarinaVillage,” said Hagan. “Owners will enjoy the benefit of only paying for the time that they actually use.”

MarinaVillage’s furnished, two- and three-bedroom residences range from 1,235 to 2,195 square feet and feature master suites, grand rooms, guest suites and private dining terraces.

Fractional ownerships for the Resort at MarinaVillage Residence Club will start at $74,000 for a 1/12 share.

MarinaVillage will be a commercial, residential and retail center within Tarpon Point Marina that will be open to the public. Pavilions situated along a waterfront promenade will offer boutiques and retail outlets, a day spa and fitness center. Restaurant plans include two casual restaurants with indoor and outdoor dining. Both will feature marina views, a full bar and award-winning cuisine. The resort portion of the project is scheduled to open in 2009.

Situated at the mouth of the Caloosahatchee River, Tarpon Point Marina is located at 5902 Silver King Boulevard. The sales center is open 10 a.m. to 5 p.m. Mondays through Saturdays, and noon to 5 p.m. Sundays. To learn more about fractional ownership opportunities at Tarpon Point Marina, call (239) 549-8500, or log on to www.tarponpoint.com.