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EMPIRE LAND AND DEVELOPMENT ANNOUNCES ITS NEWEST COMMUNITY: BOCA
RATON DEVELOPER ENTERS THE TREASURE COAST MARKET WITH DIAMOND DUNES


Dateline: March 7, 2006 ... Hutchinson Island, FL
Contact Name: Michelle Soudry
Contact Phone: 561-750-3500
E-mail: thegabgroup@bellsouth.net
Web Address: http://www.diamond-dunes.com


HUTCHINSON ISLAND, FL — March 7, 2006 — Empire Land and
Development has announced the opening of Diamond Dunes, its
newest community and the company's first project on the Treasure
Coast.

Ideally located on 3.47 acres on Ocean Drive in the heart of
world famous Hutchinson Island, Diamond Dunes is a rare gem,
offering even the most discriminating buyer a combination of
luxurious residences, modern amenities and lush tropical views,
all just steps from the azure waters of the Atlantic.

"Diamond Dunes offers unprecedented luxury in a fabulous
location," said developer Vadim Tkach of Empire Land and
Development, which is developing the project under the names
Ocean Drive East LLC and Ocean Drive West LLC. "Our premier
townhomes will bring elegance and sophistication to the area and
give buyers their first opportunity ever to own a beachfront
townhouse in this area."

Diamond Dunes will consist of five, three-story contemporary
Mediterranean buildings with just 23 unique residences, including
eight oceanfront units. The spacious and distinctive floorplans
will be a cut above others in the area, ranging from 3,689 total
square feet for a three-bedroom, three-bath unit to 5,504 total
square feet for a spectacular oceanfront residence with four
bedrooms, three bathrooms and a circular staircase. Pre-
construction prices start at 5,000, offering residents
exceptional value for oceanfront real estate in South Florida.
Construction is expected to begin in the Spring of 2006, with the
glittering debut of Diamond Dunes slated for the Summer of 2007.

Designed by acclaimed architects Jorge L. Bouza and Icon Design
Group Inc., the spacious and distinctive floorplans at Diamond
Dunes will sparkle with European kitchens complete with
professional grade KitchenAid appliances, granite countertops and
custom cabinetry; private elevators; two-car garages; central
vacuum systems; Kohler plumbing fixtures; enormous walk-in
closets; and sumptuous master baths with Italian marble finishes.
Oceanfront units will feature Sub-Zero and Miele appliances;
wood-burning fireplaces; and one-piece Toto water closets and
bidets. All units will have expansive private porches and
balconies that will provide residents with lush, tropical vistas
and spectacular oceanfront views. The western portion of the
community will be gated.

Amenities will include two resort-style pools and sundeck, one
with ocean access, as well as 315 linear feet of ocean frontage.
Shopping, dining, cultural offerings, fishing and recreational
facilities are just a short drive away, as is the Fort Pierce
Inlet.

Sales of this unique property will be handled exclusively by
Gerri A. Weits, PA, of Keller Williams Realty of the Palm
Beaches. With over 23 years of experience, Weits is the unrivaled
leader in Treasure Coast real estate. She can be reached at 866-
656-2929.

For more information about Diamond Dunes, call (561) 212-0481 or
visit http://www.diamond-dunes.com. To schedule a press interview
or to obtain further press materials, please contact Michelle
Soudry at 561-750-3500 or email her at thegabgroup@bellsouth.net.

About Empire Land and Development

The principals of Boca Raton-based Empire Land and Development
are industry veterans who have over 18 years of development,
building and construction management experience in Florida and
have been responsible for over 1,000 residences completed or
managed, as well as the development of commercial projects and
over one million square feet of industrial space. Past successes
of the team include Poinciana Parc in Davie, Vanderbilt Lakes in
Naples, Sunset Lakes in Kendall, Palladium in Boynton Beach and
Renaissance Centre in Boca Raton. The development team consists
of Vadim Tkach, Joe Solovey and Jorge L. Bouza. In addition to
Diamond Dunes, the company is currently developing a 13-building
office park in Bonita Springs, FL.

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