NAPLES, Fla. (Jan 30, 2017) – Naples Reserve held an official ribbon-cutting with The Greater Naples Chamber of Commerce for its $7 million Island Club, created by award-winning developer iStar. The Island Club features the 5,160-square-foot clubhouse and adjacent 3,500-square-foot fitness center, along with indoor and alfresco gathering areas, including the fireside grand hall and Latitudes Cafe, wraparound porches, an open-air tiki hut, and sunny and shaded spots around the resort-style pool and on the beach.

Naples Reserve is home to CBIA’s 2017 single-site Parade of Homes. Sixteen furnished models, as well as the Island Club, will be open for tours Friday through Sunday, Feb. 17-19 and Feb. 24-26, from 10 a.m. to 5 p.m.

Naples Reserve is located off U.S. 41, 2 miles southeast of the Collier Boulevard/CR 951 intersection and 10 minutes from I-75, Exit 101. Visit the community at 14885 Naples Reserve Circle.

About iStar Land & Development:
iStar Land & Development creates unique communities, considering the best use of the land with a focus on future residents. iStar has financed and invested in over $10 billion of residential projects since 1993, making it one of the largest investors in luxury condominium, multifamily and master-planned residential developments in the U.S. Its portfolio has included interests in over 18,000 condominium units in the nation’s top markets, and 65,000 acres in master-planned communities with the potential for an estimated 50,000 single-family and multifamily units. Offering a fully integrated platform, the team includes best-in-class developers, architects, builders, marketers and community liaisons.

About iStar:
iStar (NYSE: STAR) finances, invests in and develops real estate and real estate related projects as part of its fully integrated investment platform. Building on over two decades of experience and more than $35 billion of transactions, iStar brings uncommon capabilities and new ways of thinking to commercial real estate and adapts its investment strategy to changing market conditions. The company is structured as a real estate investment trust, with a diversified portfolio focused on larger assets located in major metropolitan markets.

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