MG ON THE HALIFAX

FOR IMMEDIATE RELEASE
Pier for MG on the Halifax Marina Opening Summer 2011
HOLLY HILL, Fla. – June 14, 2011 – MG on the Halifax is on track to complete the new pier at the MG Marina in Summer 2011.
The marina construction that began this month is part of a $6 million expansion at MG that also includes an 11,000-square foot state-of-the-art clubhouse and fitness center and a 5,000 square foot, zero-entry resort-quality pool expected to open in February 2012. The access pier for Phase I of the private marina will be completed this summer.
The MG Marina will provide owners a launching point to the Halifax River and Volusia County’s most popular recreation – fresh-water and deep-sea fishing, water-skiing, tubing, bird-watching and more.
Located near the Seabreeze Boulevard Bridge of Daytona Beach and within view of historic Ormond Beach to the north, the marina provides easy access to the Atlantic through nearby Ponce Inlet to the south.   Plans for Phase II construction include more than 30 slips designed to accommodate vessels up to 30 feet.
“Residents will be able to walk to their boat for a sunset sail or slip out in the morning to go fishing - every day if they want.  That’s luxury you could never get tired of, and it’s so distinctly part of the Daytona Beach area lifestyle, “ says Brett Dill, president of Tarpon Partners.
MG on the Halifax is owned by a joint venture co-sponsored by Tarpon Partners – an affiliate of South Florida-based Swerdlow Group – and New York City-based Glenmont Capital Management, LLC. The joint venture took over the property by acquiring the remaining unsold inventory of MG on the Halifax earlier this year.
From anglers to bicyclists, the pet-friendly property features multiple facets that will appeal to those seeking an active lifestyle in a central location.  MG on the Halifax offers intimate waterfront condos in two, 25-story towers that currently feature 486 two- to three-bedrooms units ranging in size from 1,650- to 2,300-square-feet with the combination flexibility to create larger units.  These high-end condominium units were constructed with top-of-the-line materials, featuring nine-foot ceilings in the living areas, sleek stainless steel appliances and Italian cabinets in the kitchens and glass balcony rails.
MG on the Halifax opened its new Sales Center this spring, offering previews of model homes designed exclusively by Interiors by Steven G., which has a design portfolio that includes some of the most prestigious properties in the world such as Trump Hollywood, Ritz Carlton Residences on Singer Island.
“Since opening the Sales Center, MG has generated strong interest from Daytona and Orlando and international buyers who see our homes and their spectacular views, “ Dill says. “The new marina and the clubhouse will bring even more value to prospective MG owners.” 
The Sales Center at 241 Riverside Drive, Tower 2, Suite 1801 in Holly Hill is open Monday-Friday from 10 a.m. to 6 p.m., Saturday from 10 a.m. to 5 p.m., and Sunday from noon to 5 p.m.  For more information, call 386-310-1337 or 855-892-0404.
About MG on the Halifax
MG on the Halifax (http://www.mgonthehalifax.com/) is a thriving property owned and operated by a joint venture co-sponsored by Tarpon Partners – an affiliate of South Florida based The Swerdlow Group – and New York City-based Glenmont Capital Management, LLC. The Swerdlow Group, based in Coconut Grove, is a leader in the Florida real estate industry, developing dozens of strategically planned real estate projects since 1987 in South Florida and across the state. Glenmont Capital Management, LLC is a Manhattan based real estate investment firm that manages a series of closed end opportunity funds on behalf its institutional investors that include pension plans of Fortune 500 companies, university endowments and family offices