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Webstar Technology Group Announces Partnership with Nelson Worldwide Architects for the Bear Village Resort in Commerce, Georgia

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Webstar Technology Group (OTCQB: WBSR) has partnered with Nelson Worldwide Architects to design two major projects: the $650 million Bear Village mixed-use family resort in Commerce, Georgia, and a $1.2 billion development in downtown Atlanta.

The Bear Village project, planned for 120 acres, will include:

  • Indoor and outdoor water parks
  • Indoor adventure park
  • Family entertainment center
  • Indoor and outdoor racing tracks
  • Aquarium
  • Conference center
  • 300 luxury hotel rooms
  • 800+ fractional ownership and condo hotel rooms
  • 105 luxury townhomes

The development aims to capitalize on the family entertainment industry, projected to grow to $60 billion in the next 5 years, with the racing sector expected to reach $250 billion by 2031.

Webstar Technology Group (OTCQB: WBSR) ha stretto una collaborazione con Nelson Worldwide Architects per progettare due importanti progetti: il Bear Village, un resort familiare a uso misto del valore di 650 milioni di dollari a Commerce, in Georgia, e uno sviluppo di 1,2 miliardi di dollari nel centro di Atlanta.

Il progetto Bear Village, previsto su un'area di 120 acri, includer脿:

  • Parco acquatico interno ed esterno
  • Parco avventura al coperto
  • Centro di intrattenimento per famiglie
  • Piste da corsa interne ed esterne
  • Acquario
  • Centro congressi
  • 300 camere d'hotel di lusso
  • Oltre 800 camere in hotel con propriet脿 frazionata e in condominio
  • 105 ville di lusso

Lo sviluppo mira a capitalizzare l'industria dell'intrattenimento familiare, che si prevede crescer脿 fino a 60 miliardi di dollari nei prossimi 5 anni, con il settore delle corse che dovrebbe raggiungere 250 miliardi di dollari entro il 2031.

Webstar Technology Group (OTCQB: WBSR) se ha asociado con Nelson Worldwide Architects para dise帽ar dos proyectos importantes: el Bear Village, un complejo tur铆stico familiar de uso mixto valorado en 650 millones de d贸lares en Commerce, Georgia, y un desarrollo de 1.2 mil millones de d贸lares en el centro de Atlanta.

El proyecto Bear Village, planeado para 120 acres, incluir谩:

  • Parques acu谩ticos interiores y exteriores
  • Parque de aventuras cubierto
  • Centro de entretenimiento familiar
  • Pistas de carreras interiores y exteriores
  • Acuario
  • Centro de conferencias
  • 300 habitaciones de hotel de lujo
  • M谩s de 800 habitaciones en un hotel de propiedad fraccionada y condominio
  • 105 casas adosadas de lujo

El desarrollo busca capitalizar la industria del entretenimiento familiar, que se proyecta crecer谩 a 60 mil millones de d贸lares en los pr贸ximos 5 a帽os, con el sector de las carreras que se espera alcance 250 mil millones de d贸lares para 2031.

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Webstar Technology Group (OTCQB: WBSR) s'est associ茅 脿 Nelson Worldwide Architects pour concevoir deux projets majeurs : le Bear Village, un complexe familial 脿 usage mixte d'une valeur de 650 millions de dollars 脿 Commerce, en G茅orgie, et un d茅veloppement de 1,2 milliard de dollars dans le centre-ville d'Atlanta.

Le projet Bear Village, pr茅vu sur 120 acres, comprendra :

  • Parcs aquatiques int茅rieurs et ext茅rieurs
  • Parc d'aventures int茅rieur
  • Centre de divertissement familial
  • Pistes de course int茅rieures et ext茅rieures
  • Aquarium
  • Centre de conf茅rences
  • 300 chambres d'h么tel de luxe
  • Plus de 800 chambres d'h么tel en propri茅t茅 fractionn茅e et en condominium
  • 105 maisons de ville de luxe

Le d茅veloppement vise 脿 tirer parti de l'industrie du divertissement familial, qui devrait atteindre 60 milliards de dollars au cours des 5 prochaines ann茅es, le secteur des courses devant atteindre 250 milliards de dollars d'ici 2031.

Webstar Technology Group (OTCQB: WBSR) hat sich mit Nelson Worldwide Architects zusammengeschlossen, um zwei bedeutende Projekte zu entwerfen: das Bear Village, ein gemischt genutztes Familienresort im Wert von 650 Millionen Dollar in Commerce, Georgia, und eine 1,2 Milliarden Dollar Entwicklung in der Innenstadt von Atlanta.

Das Bear Village Projekt, das auf 120 Acres geplant ist, wird Folgendes umfassen:

  • Innen- und Au脽enwasserparks
  • Innenabenteuerpark
  • Familienunterhaltungszentrum
  • Innen- und Au脽enrennstrecken
  • Aquarium
  • Konferenzzentrum
  • 300 Luxushotelzimmer
  • 脺ber 800 Zimmer in einem Hotel mit Teilbesitz und Eigentumswohnungen
  • 105 luxuri枚se Stadth盲user

Das Projekt zielt darauf ab, von der Familienunterhaltungsindustrie zu profitieren, die in den n盲chsten 5 Jahren auf 60 Milliarden Dollar anwachsen soll, wobei der Rennsektor bis 2031 voraussichtlich 250 Milliarden Dollar erreichen wird.

Positive
  • Secured partnership with top-10 ranked architecture firm Nelson Worldwide
  • Acquired intellectual property rights for Bear Village concept
  • $650M Commerce project and $1.2B Atlanta project in pipeline
  • Targeting fast-growing market projected at $60B in 5 years
  • Diversified revenue streams through multiple entertainment venues and real estate
Negative
  • Large capital requirements for both projects - funding sources not disclosed
  • Projects still in early planning phase - no construction timeline provided
  • High execution risk for multi-billion dollar developments
  • No mention of secured financing or partnerships for project funding

Nelson Worldwide聽Was Named #9 on Building Design + Construction's Top 200 Architecture Firms for 2024, ranking them as one of the top architects in the country.1

ATLANTA, Feb. 28, 2025 /PRNewswire/ -- Webstar Technology Group (OTCQB: WBSR), a dynamic innovator in real estate and family entertainment, is pleased to announce a number or recent developments which will set the stage for the future growth of the company. Webstar has entered into a partnership with Nelson Worldwide Architects in Alpharetta, Georgia, to design its proposed $650 million Bear Village2 mixed-use family resort destination in Commerce, Georgia, as well as a $1.2 billion development in a premier downtown Atlanta location, which is being negotiated and is fully permitted and shovel ready.

Nelson Worldwide specializes in architecture, mixed-use design and master planning, engineering, sustainable design, and numerous other disciplines. The firm has designed both local and regional project developments such as:

  • The Battery Entertainment Complex (Atlanta Braves Stadium): Atlanta, GA
  • St. Regis Hotel: Buckhead, GA
  • The Gathering Entertainment Hub at South Forsyth: Alpharetta, GA
  • Velocity in the Gulch Housing: Nashville, TN
  • Lowes Hotel: Atlanta, GA

Webstar acquired the intellectual property rights to the Bear Village concept and is now moving forward with Nelson Worldwide to design its first Bear Village Entertainment complex where the project currently carries a $650 million construction budget. The objective is to capitalize on the booming family entertainment industry sector, which is projected to grow to $60 billion3 over the next 5-years. With the addition of indoor and outdoor racing tracks, this industry sector is also expected to expand, reaching $250 billion by 20314.

Bear Village will provide an array of extreme adventure sports for thrill seekers and the young at heart and will feature the following:

  • Indoor and Outdoor Water Parks
  • Indoor Adventure Park
  • Family Entertainment Center
  • Indoor and Outdoor Racing Tracks
  • Aquarium
  • Conference Center
  • 300 Luxury Hotel Rooms
  • 800+ Fractional Ownership and Condo Hotel Rooms
  • 105 Luxury Townhomes
  • Restaurants and Retail
  • And other one-of-a-kind amenities

The destination is slated to sit on approximately 120 acres, and set to redefine family entertainment in the region, offering a diverse mix of attractions designed to captivate visitors of all ages. The facility will feature world-class water attractions, thrilling kart racing circuits, immersive adventure experiences, and cutting-edge entertainment options, establishing Commerce, Georgia, as a premier leisure destination.

"Our vision is to create an unparalleled entertainment experience that will attract families, thrill-seekers, and tourists from across the Southeast and beyond," said Ricardo Haynes, CEO of Webstar Technology Group. "With Commerce's prime location and strong community support, we believe this project will be a major economic driver, creating jobs and boosting tourism in the area."

Bear Village Resorts is dedicated to eco-friendly, sustainable development and community engagement, ensuring that the new resort will not only enhance the local economy but also contribute positively to the Commerce community.

Stay tuned for further announcements as we make progress on this exciting development as well as the location in downtown Atlanta.聽

About Webstar Technology Group

Webstar Technology Group (OTCQB: WBSR) is a leading real estate development company committed to innovation and excellence with a focus on leveraging cutting-edge solutions to drive growth and create value, and the Company is dedicated to delivering exceptional experiences for its customers and stakeholders. The Company is devoted to developing innovative projects that enhance the quality of life and provide unique entertainment, lifestyle and recreational experiences. With a focus on leading-edge entertainment, Webstar Technology Group is committed to creating destinations that inspire and delight. The Company will shortly be releasing more information on these and other relevant matters.

Investor Relations
Webstar Technology Group
P: (404) 994-7819

Donald R. Keer, P.E., Esq.
Corporate Counsel
Webstar Technology Group
P: (254) 704-2675

Forward Looking Statements Disclaimer: This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Webstar Technology Group Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Such forward-looking statements include the words "vision," "seek", "grow", "plan" and other expressions of a forward-looking nature. More information about the potential factors that could affect the business and financial results is and will be included in Webstar Technology Group Inc.'s filings with the OTC Markets, Securities and Exchange Commission and/or posted on the company's website.

1 Source: https://nelsonworldwide.com/nelson-ranks-9-in-bdc-top-200-architecture-firms-for-2024/

2听厂辞耻谤肠别:

3听厂辞耻谤肠别:

4 Source: ?

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FAQ

What is the total investment value of Webstar Technology Group's (WBSR) new Bear Village resort project?

The Bear Village resort project in Commerce, Georgia has a construction budget of $650 million.

How many accommodation units will the WBSR Bear Village resort include?

The resort will feature 300 luxury hotel rooms, 800+ fractional ownership and condo hotel rooms, and 105 luxury townhomes.

What is the projected market size for the family entertainment industry that WBSR is targeting?

The family entertainment industry is projected to grow to $60 billion over the next 5 years, with the racing sector expected to reach $250 billion by 2031.

How many acres will the WBSR Bear Village resort development cover in Commerce, Georgia?

The Bear Village resort development will be situated on approximately 120 acres in Commerce, Georgia.

What is the value of WBSR's planned downtown Atlanta development project?

Webstar is negotiating a $1.2 billion development project in downtown Atlanta that is fully permitted and shovel ready.
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