ALPHARETTA, GA (December 12, 2006) – With The Stanbury Residences Sales Gallery now open, prospective homeowners are able to experience a luxury lifestyle previously unknown in Alpharetta. The homes are part of Prospect Park, a dynamic 64-acre mixed-use development that will also feature The Stanbury Hotel, a 143-room luxury boutique hotel; The Forum Collection, an upscale open-air retail plaza; and The Office Collection, 350,000 square feet of Class-A office space.

The Stanbury Residences will consist of 82 homes ranging from 2,600 to 3,600 square feet. The two- and three-bedroom private residences will be situated in three traditional Southern manors and feature Georgian-inspired architecture and sophisticated interiors conceived by Paul Duesing, a world-renowned designer who has been profiled in such magazines as Architectural Digest and whose interiors have been rated No. 1 by Conde Nast magazine. Setting a new standard for luxury living in the Southeast, each home will overlook The Stanbury’s lush gardens, offering a lovely visual preserve between the hotel and the residential property.

Residents and their guests will have access to all aspects of The Stanbury Hotel, including its impeccable room service and a dedicated concierge, world-class amenities and extraordinary special events facilities. The Stanbury Residences include features, amenities and services such as:

• Kitchens completely outfitted with Viking® Professional line appliances
• Kohler Artist Edition bathroom fixtures
• Private outdoor balconies with summer grills
• Wide plank hardwood flooring
• Marble flooring in baths
• Marble or granite countertops in kitchen, baths and laundry room
• Craftsman wood cabinetry throughout the kitchen and baths
• Office/media room with curved walls in select homes
• Entrance vestibules that accent rooms throughout the unit
• A luminous lighting package and centralized control system
• Commercial grade alarm system
• Dedicated, 24-hour residential concierge
• Fitness center
• Club room and business center
• HAR-TRU® tennis courts
• Media room
• Relaxing pool with expansive covered courtyard and gardens reserved for residents
• Covered Porte Cochere drop-off
• Controlled-access underground parking with two reserved spaces

“We are committed to offering a luxury lifestyle experience to individuals who seek sophistication, choice and quality,” said Stanley Thomas, Thomas Enterprises founder, president and CEO. “We have brought together a superb team of industry experts from around the world in order to be able to elevate this market. Our residents will have an unparalleled experience in every respect.”

The homes will start at $1.5 million. A valet entry in the rear of each unit will allow for discreet access for such things as trash removal, laundry pickup and catering, while ensuring complete privacy for homeowners. In addition to having access to the adjacent hotel’s premier services and amenities, residents will also have elegant dining, shopping and entertainment alternatives at their doorsteps.

Sales and marketing for The Stanbury Residences are handled by Coldwell Banker The Condo Store’s Previews Brand, the market leader in the sales and marketing of luxury condominiums, lofts, high-rises, cluster and town homes.

The Stanbury Sales Gallery showcases a fully-decorated, two-bedroom model home by Paul Duesing as well as a fully appointed hotel guest suite, providing a glimpse of the amenities and services that residents will enjoy. To learn more about The Stanbury Residences, please contact the Sales Gallery at 678-566-1321 or visit www.TheStanburyResidences.com.

About Prospect Park
Located in the affluent Atlanta suburb of Alpharetta, Prospect Park is a luxurious mixed-use community where commerce, life and leisure intersect. The development offers residential, retail and commercial space, as well as a hotel, spa and entertainment venues. This combination of elements and ambiance is unduplicated in the Southeast. www.ProspectParkOnline.com.

About Thomas Enterprises, Inc.
Thomas Enterprises is a visionary real estate development company that specializes in creating dynamic places where commerce, life and leisure intersect. Capabilities encompass master-planned communities and mixed-used projects, as well as retail, hotel, residential and office developments. The company has developed a portfolio valued at $2 billion, and owns over 20,000 acres of prime, developable land throughout the United States. www.ThomasEnt.com.