Website: www.retreatatinlandlake.com

See Master Plan

The Retreat at Inland Lake (The Retreat or Project) is a planned, mixed-use community of 3,637 acres

bordering the eastern and southeastern shore of Inland Lake in Blount County, Alabama. The Project is being developed by Charrette Development Group. Gad Woodall, III is the principal owner.

Development plans for The Retreat were approved by the Board of County Commissioners of Blount County Alabama and City of Oneonta (the Governing Authority) on July 27, 2006 for the following:

Residential: 10,850 residential units, including: 5,850 detached, single-family dwellings, 2,000 town houses, 2000 condominiums, 500 apartments, and 500 dwellings to be determined in the future.

Commercial/Mixed Use: Includes a boutique hotel, restaurants and retail facilities, marina, golf and social clubs, etc, totaling 3.6 million square feet.

Institutional: Includes future facilities for fire, police, and schools.

Open Space: Open Space: Includes up to 4 championship golf courses, on nine hole executive course, utilities, storm-water management facilities, parks and green space, equestrian and walking trails, multi-use cart paths that connect the residential components to the amenities and commercial and retail areas within the community.

To date entitlement and development activities have included:

* Project team assembled, including: engineering, architectural, marketing, sales, legal, finance, grading, and overall project management.

* Surveys, engineering, and environmental work completed or well underway.
www.moorebass.com, www.terracon.com

* Architectural land and building conceptual designs completed by Stephen Fuller
www.stephenfuller.com

* Development approval obtained from governing authorities: Blount County, City of Oneonta, and the Alabama Department of Environmental Management Land Disturbance Permit
www.co.blount.al.us, alabama.hometownlocator.com, www.adem.state.al.us

* Grading contract in place and clearing and grading started April 2007

* Golf course designer Arthur Hills/Steve Forrest & Associates contract in place & layout is complete for the first 18 holes championship golf course. www.arthurhills.com

* Land sales have begun.

The prospective demand for this property will be driven by several factors, but none more important than the relative value the Developer can offer to the buyer. The price of the property combined with its unique beauty and outstanding design combine to provide an exceptional value. The proximity of The Retreat to seven major cities and over 14 million people helps contribute to a large supply of prospective buyers.

In addition plans are underway to create a neighborhood development zone and taxing authority for the Project enabling tax-exempt bonds to be raised and supported through taxes to the residents for residential amenities.