Monday, December 29, 2008

Avalon Park Group and Swiss Investor Acquire 70-Acre Tract in Austin, TX for Residential Community Development

ORLANDO, Fla. --- Avalon Park Group, which is developing Avalon Park in east Orlando, has joined forces with Zurich investor Dr. Richard Kunz to acquire a 70 acre site located near I-35 in north Austin, Texas near Dell Computers’ corporate headquarters facility in Round Rock.

Beat Kähli, (top right photo) who heads Avalon Park Group, said the joint venture plans to develop a residential community on the site that will feature 200 three and four bedroom homes.

For more information about this release, contact:

Beat Kahli, Founder/Owner, Avalon Park Group, 407-658-6565

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142

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