Florida Firm GreenPointe to Create Sustainable Communities, Public-Private Partnerships Across the Southeast

JACKSONVILLE, Fla. (Business Wire EON) June 26, 2008 -- GreenPointe Pathways

GreenPointe Pathways will harness the power of public/private partnerships to coordinate the development of new, technologically advanced transportation corridors and other essential infrastructure with residential and commercial development.

Through innovative partnerships with leading public/private partnership organizations, GreenPointe will employ the talents of the best regional engineers and contractors to execute superior major infrastructure projects that dovetail with sustainable communities.

GreenPointe Communities

GreenPointe Communities will create new, sustainable communities and also take over existing developments, with a focus on improving environmental sustainability wherever possible. With a focus on the Southeast, GreenPointe will identify and create new sites for development, and also look at the strategic acquisition of unfinished projects.

"Green development and building, and environmental sustainability are good business, but they are also the right thing to do," says GreenPointe CEO Ed Burr. "And with the technology and materials now available, the feasibility of executing green building projects has increased tremendously. We believe the model for sustainable growth involves smart infrastructure planning and execution in conjunction with responsible developments. As a result, the transportation corridors serve the developments, and the revenues from the developments help fund the modern transportation corridors we envision."

In addition to Burr, GreenPointe's leadership team includes Walt Bussells, former CEO of the Jacksonville Electric Authority (JEA), and Roger Postlethwaite, a leading developer behind the creation of highly acclaimed, award-winning communities in both the U.S. and Europe.

"Our company is unique because we are fusing the concepts of green building and sustainability, and the interlocking function of public/private partnerships to create advanced infrastructure support," says Burr. "Our approach creates new communities, and the required infrastructure to serve them, that are truly sustainable ? economically and environmentally. It's an idea whose time has come, and we are looking forward to a bright green future."

About GreenPointe

GreenPointe Holdings, LLC, is a Jacksonville, Florida firm focused on the development of new sustainable communities, the acquisition of existing developments, and the execution of public/private partnerships to build infrastructure supporting the communities we develop and serve. The company's two divisions, GreenPointe Pathways and GreenPointe Communities, work in tandem to make our mission a reality. For more information visit www.greenpointellc.com.

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