LOCATION:
Located in Western Colorado, Marabou is three miles west of Steamboat Springs. Specifically it is situated northeast of County Road 42, on the east side of the Elk River in Routt County.

THE LAND:
The Marabou property boundaries include more than two-miles of frontage along the Elk River, renowned for its fly fishing habitats. The community extends just below Deer Mountain on the east, to Elk River on its west. The land features lush irrigated hay meadows, pasture land, dense stands of gamble oak and aspen groves.

HISTORY:
For decades, this land has been an active hay and cattle ranch. The Selbe family farmed a portion of the land for many of those years and will continue to do so as it becomes Marabou.

DEVELOPER:
The Marabou community is being developed by Elk River Partners L.L.C., a partnership between North Point Real Estate of Savannah, Georgia, and Due West Land Ltd. of Steamboat Springs, Colorado.

North Point Real Estate is comprised of four separate land divisions - Industrial, Office, Residential and Retail. The organization has developed more than 8.5 million square feet of commercial properties and more than 10,000 acres of master-planned residential communities throughout Georgia, South Carolina and North Carolina.

Due West Land Ltd., a land development company, has created environmentally sensitive living communities throughout Western Colorado for more than a decade, including Storm Mountain Ranch in Steamboat Springs–winner of the Governor’s Smart Growth Award. Development Managing Partner, Jeff Temple, is a fourth generation Steamboat Springs native and co-founder of Spyder Skiwear. His father, James Temple, founded the Steamboat Ski Resort and is recognized as one of the pioneers of Ski Town USA.

THE PLAN:
Marabou features 62 custom homesteads on nearly 1,800-acres - preserving the agricultural, wildlife and rural character that makes the property unique. More than 1,325-acres will remain a common open space.

• Custom Homesteads average approximately 6.3-acres each
• Homestead building envelopes will average .72-acres, with the remaining area to be designated as open space
• Seven separate Owners’ Cabins will be nestled along the Elk River providing lodging for residents and their guests
• Marabou proposed community amenities will also include an Owners’ Lodge, Outfitters Center, Wellness Center, Fitness Facility, Theater and Children’s Activity Center
• The Marabou Horse Barn, round pen, arena and tack will be active year-round
• Ranch Managers will live on-site at Marabou
• Marabou’s 10 miles of trail system will connect community amenities, homesteads and natural open areas

More than 74 percent of the land will remain open space, preserving the wildlife habitat, riparian areas and active ranch-agricultural lifestyle of Marabou.

• Active of cattle and hay operations
• 175-acres of dry land farming will continue
• Creation of 30-acres of new irrigated pasture
• Preservation of a Sharp-tailed Grouse lek (breeding site)
• Protection of elk calving area and elk winter range
• Creation of 20 acres of new mountain shrub habitat
• Stream bank preservation and fish habitat improvement throughout more than two-miles of the Elk River
• Preservation of wetlands on the ranch (less than one-half acre disturbed on the entire ranch)
• More than 50 duck and goose boxes installed on the riparian corridor

WILDLIFE:
Wildlife resources throughout the Marabou community are abundant and have influenced its overall design and land plan. Wildlife that inhabits the area includes:

• Columbian Sharp-tailed Grouse
• Elk
• Sandhill Cranes
• Great Blue Heron
• Bald Eagles

Marabou has adopted a progressive wildlife mitigation plan, which, in addition to the careful planning of the remainder parcels and Homesteads includes:

• Wildlife friendly fencing
• Installation of fencing to prevent cattle from foraging in the riparian areas along the Elk River
• Creation of 20-acres of new bio-islands that will provide habitat for grouse and big game
• Homesteads are located off the ridgelines, outside of agricultural areas an on the perimeter of wildlife resources

MARABOU MASTER GUIDES:
Marabou Master Guides will teach the skills, traditions and lore associated with the extraordinary range of activities made possible at Marabou. Each guide is a true master in their craft, acting as a mentor, coach and leader to Marabou residents and their guests. Master fly fishers, horsemen, craftsmen, skiers, hikers and mountain bikers will bring authenticity, excitement and adventure to everyday life at Marabou.

PRICING & AVAILABILITY:
The initial offering of Marabou Homesteads will be available Spring 2006 and are priced from $1.8 million to $5 million.