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ACCESSWIRE TORONTO, ON / ACCESSWIRE / January 13, 2021 / Sparta Group (TSXV:SAY) (the "Corporation" the "Company", "Sparta Group", "Sparta Capital" or "Sparta") is pleased to report that their previously announced plans to transform a property in eastern Ontario into a desirable community is now ready to move forward, spearheaded by development partner FLC Group of Toronto ON. It has always been Sparta's goal to see the old, decommissioned WWII property, atop MaCaulay Mountain in Picton, transformed into a community that blends in with the natural, picturesque features of Prince Edward County and that makes green space a priority. The new VineRidge development will be nestled up against the scenic 440-acre MaCaulay Mountain Conservation Area that includes miles of great walking and biking trails and is close to many award-winning wineries for which The County has gained a very favorable reputation. While Sparta has been involved in the property for several years, management was looking for just the right developer; one that would share their enthusiasm for the natural features of the land, as well as be keen on incorporating significant eco-friendly outdoor living space. "This has been a long time coming, but we feel very comfortable that the right developer has been selected in the FLC Group. As an environmental technology company, we're fortunate to be involved with a developer that has extensive experience and appreciates the importance of including ample green space in design. Our vision of a beautiful community in the heart of wine country is finally coming together," said President, John O'Bireck. Research suggests that green space or green zones are important for good mental health. In fact, the global COVID-19 pandemic has highlighted how exposure to green environments is psychologically restorative. Sparta's management and staff see the property as the perfect location for optimum mental health, as it will not only include a lot of green space but will also give homeowners access to a conservation area with expansive walking and biking trails, literally within steps of their back doors. FLC Group will be the primary developer of VineRidge, taking on the all-important site management and building responsibilities. The community design is expected to be an English Regency style. "We too are excited to be working on this project. It's not every day that you get to create a residential development in a space this quaint and right on top of natural features like McCauley Mountain," said Fred Heller, President of FLC Group. More detail on the VineRidge development is expected to be released over the next few weeks. |