Funds Will Be Used To Develop The $650 Million Dollar Bear Village Resort In Commerce, Georgia . US Hospitality Real Estate Market Size Is USD 28.1 Billion In The Current Year And Is Anticipated To Register A CAGR Of Over 5.
5% During The Forecast Period. i ATLANTA , Aug. 14, 2024 /PRNewswire/ -- Webstar Technology Group (OTCQB: WBSR ) today announced that it has filed for a public offering of stock under Regulation-A Tier II for $10 million with the SEC to develop the $650 Million Dollar resort ii .
The project is estimated to net revenues of over $75 Million per year and bring significant tax revenues and jobs to Banks County , Georgia. This significant milestone marks the commencement of the development and initial land to be purchased for the highly anticipated Bear Village Resort. Bear Village Resort ( www.
bearvillageresorts.com ) is set to be a premier destination for thrill-seekers and the young at heart, offering an array of extreme adventure sports and unique entertainment options. Located in Commerce, Georgia , the resort will feature a wide variety of attractions designed to provide unforgettable experiences for visitors of all ages.
"This project is a major investment in Commerce, Georgia's future, and we're dedicated to creating a world-class destination that will draw visitors from across the region and beyond. Our Regulation-A Tier II public offering is a crucial step in bringing this vision to life. We look forward to the support of our investors and the commun.