Released on: August 18, 2008, 6:23 am

Press Release Author: Kia Zalewski

Industry: Real Estate

Press Release Summary: Cabarete, the sun-soaked beach town in the Dominican
Republic, has been on the radar of those in-the-know for years. Now, Sackman,
Enterprises, Inc. is set to bring this jewel to a wider market. Conveniently located
only 20 minutes from the Puerto Plata International Airport, Cabarete on the
northern coast has become the ultimate destination for trend setters, adventure
seekers, and those looking for a blissful escape from the everyday.

Press Release Body: Top Government Officials Meet with New York Developer to Discuss
$60 Million Project

Miami, August 15, 2008-- Cabarete, the sun-soaked beach town in the Dominican
Republic, has been on the radar of those in-the-know for years. Now, Sackman,
Enterprises, Inc. is set to bring this jewel to a wider market. Conveniently located
only 20 minutes from the Puerto Plata International Airport, Cabarete on the
northern coast has become the ultimate destination for trend setters, adventure
seekers, and those looking for a blissful escape from the everyday. With more than
40 years in the real estate market and an earned reputation of quality in business
and development, there is no better or more prepared company to create the first
spectacular development in the area than Sackman Enterprises, Inc.

Sackman Enterprises, Inc. began its business by focusing on the restoration of
historic brownstones in Manhattan and has continued to thrive by rehabilitating
historic buildings and incorporating traditional "Old World" features into new
construction properties. Possessing a portfolio of over 80 developments spanning the
globe, the company has created truly stunning and unique properties such as Somerset
in Turks and Caicos (www.thesomerset.com) and The Lodge at Keyah Grande
(www.keyahgrande.com). With an attention for detail and a high-regard and respect
for the traditions, culture, and preservation of the area, Sackman Enterprises, Inc.
is poised to bring The Fountains, a magnificent condominium, retail plaza, and
resort community to Cabarete.
Sackman Enterprises, Inc. recently held a meeting in Manhattan to showcase some of
the real estate developments in their impressive portfolio and discuss this grand
project. In a showing of support and interest, the Minister of Tourism from the
Dominican Republic and the Governor of the Province of Puerto Plata personally flew
up to Manhattan to meet with top Sackman executives, Carter Sackman and Jamie
Hefelfinger, as well as Sackman Development Partner, Trip Brooks. The esteemed
attendees discussed the project and all of the positive impacts that it will have on
the area.
The Fountains will be the realization of over sixteen months of planning and
research and a future investment exceeding sixty million dollars (USD
$60,000,000.00). Development Partner Trip Brooks states, "With the current
administration including President Leonel Fernandez, Minister of Tourism Felix
Jiménez, Provincial Governor Cesar de Los Santos, and the Sub Secretary of Tourism
Bernardita de Fenke, the government has created a stable atmosphere and positive
market in which to develop such a project. We have unwavering confidence in the
country's administration. Their show of support and the efforts they took to visit
us in New York to ensure that the project and its developers are sound speaks
volumes about their care and concern for the area. The Fountains will truly be a
result of love for the area and an unmatched expertise in the development of real
estate."
Expected to break ground Mid-September 2008, The Fountains will feature one, two,
and three bedroom units, all with indulgent spa bathrooms, 24-hour concierge
service, and a modern chef's kitchen. The Fountains will house a sprawling "Plaza
Level" featuring retail shops, a cinema, open air kiosks, sitting areas, exciting
water features, and a state of the art stage for outdoor concerts and other
entertainment and social events. When fully constructed, the mixed use project will
include an approximately 500 space sublevel parking facility, a Condo Hotel,
featuring deluxe guest rooms and suites, lobby bar, rooftop terrace and bar,
restaurant, a stunning infinity pool and numerous hot tubs with mountain and ocean
views.



Web Site: http://www.fountainsatcabarete.com/

Contact Details:
Press Contact: Kia Zalewski, kia@americasmediagroup.com, 305-572-9883