LIG Assets Announces Completed Site Plan of Bella Serra Brentwood Residential Development Project to Return Projected Gains of $52,470,000 Gross Sales

NASHVILLE, TN, Oct. 29, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – LIG Assets, Inc. (OTC PINK: LIGA) (also known as the "Leader in Green Assets" or "LIGA"), announced today LIG Assets now moves to the next phase of the “Bella Serra” Brentwood, Tennessee residential development project with permitting application to Nashville’s Metro Davidson County. The completed site plan to return significant projected gains of $52,470,000 Gross Sales - far exceeding the Company’s original project goals with final stage help by Planning and Engineering Firm Dale & Associates, Inc. 

Phase One of the project will include 90 residential units total with 10 Luxury single family homes and 80 multi-family “Lifestyle Condos”. LIGA is in the final stages to propose our Master Plan for review by Metro Planning Board as permitting has already been applied for. There were several components necessary to determine the structure of this subdivision Survey/Topography, geotechnical tests and also cave mapping to determine all possible structural challenges in land integrity, along with changes made to visual placement of open space, nature trails, possible amenity areas etc. Additionally the unique nature and complexity of the terrain, a water stream located on the property as well as conservation measures of wildlife, trees and two caves. With our full intent to execute the purchase for Phase Two we found it necessary to not only file for 30 acres of zoning approval but for the full 60 acres of our beautiful Brentwood parcel.  

LIG Assets, Inc., President Marvin Baker states, “It was a strategic determination to transition to the next phase with Dale & Associates, Inc., a group that specializes with dealing in permitting with Metro zoning to ensure we meet all requirements by Metro Davidson County while exercising expedient measures to break ground. Roy Dale is a former two term Metro Nashville Council member, a former Commissioner with the Tennessee Department of Environment and Conservation and a member of and former Chairman of the Metro Nashville Storm water Management Committee. He is also the founder of EarthCredits, an environmentally based nonprofit”.

Linda Byrd, President of Liga Homes, stated, "It should be noted that on October 15, 2018, we completed our first Community meeting in Brentwood with assistance from Dale & Associates along with Councilman Robert Swope.  The purpose of this meeting was a requirement first by Metro and our District Council leader but most  importantly to introduce our subdivision plan to those that reside within our subdivision district and they overwhelmingly loved our development plans.  With this being our final stretch going forward before our plan submission to Metro Davidson County it is with great pleasure that we publicly announced the name of our highly anticipated sustainable community presented by LIGA Homes."

Marvin Baker continued, "Linda & Alexa Bass are working with Exit Reality Elite's marketing department and LIG Developments in-house architect Todd Hubbard to develop a 3D video presentation of the entire property and a complete breakdown of the Bella Serra Development project for Metro that we'll be sharing with our shareholders in the near future."

Bella Serra – Brentwood:

A Luxury Mediterranean hillside resort development offering the variety of custom single family homes and the simplistic lifestyle living of condominium villas for the most discerning buyers of luxury living at its finest.  The most unique feature of these homes will be the green sustainability factor built with consideration of the environment in mind. A high quality luxury resort lifestyle community with wellness in mind while reducing carbon emissions and energy consumption to improve our quality of life. Derived from the Latin/Italian influence Bella meaning beautiful and Serra meaning views from a high place or high ridge as our community rests at one of the highest peaks in Brentwood with our ridgeline facing south into Brentwood/Franklin and the lower lined development facing toward Nashville.

Bella Serra is a concept development using sustainable building products brought to us by well-known Environmentalist Robert Plarr. Bella Serra will be Nashville and Middle Tennessee’s first fully sustainable community. A new approach to residential build application using light gauge steel framing versus wood framing with our high quality magnesium oxide panels where the combination creates a sustainable structure resistant to 185 mph winds, water and mold resistant, fire resistant to 3500 degrees with a burn rate of 5 hours before the material begins to breakdown.

Panama City – Florida:

LIG Assets has finally been given the “green light” for non-residents and non-essential service providers to safely enter the section of Panama City where the Company’s development lot is located to inspect the property for any damage or lasting effects due to Hurricane Michael’s impact in that region. The Company currently has representatives in Florida that will be on-site within the next few days to conduct the inspection. Due to the property being an undeveloped land parcel the Company does not anticipate any site altering damages to have taken place with the property that would delay construction plans beyond the delay caused by the unexpected impact and aftermath of the hurricane.

LIG Assets President, Marvin Baker, states, “Obviously our plans to begin construction just prior to the hurricane making landfall have been pushed back a few weeks due to the inaccessibility to the property and its location in Panama City, but now that utilities and access are being restored we will move ahead as planned since everything is already in place and ready to go”. Baker continued, “We will keep our shareholders and partners regularly updated as we progress on the project”.

For more information about LIGA Homes’ disaster resistant homes and structures please contact our Company directly at - or call us at 833-LIGAHOMES

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About LIG Assets, Inc.:

LIG Assets, Inc., in association with Robert Plarr, is the emerging "Leader in Green Assets" -- focused on exclusive green, renewable energy and sustainable homes, living systems, technologies, and components to be utilized in the residential and commercial real estate acquisition and development projects currently under way and now individual product sales, as well as rapid expansion into other sectors via acquisitions, mergers and joint venture partnerships. LIG Assets, Inc. trades under the ticker symbol "LIGA".

LIGA Homes, in association with the Company’s other wholly-owned subsidiary, LIG Developments, LLC., a steel framing manufacturing and design entity incorporated under the LIG Assets corporate umbrella, will fast track LIGA Homes’ development as an emerging pioneer in the green and renewable energy sectors having successfully created the world’s first earthquake, flood, hurricane and fire resistant homes and structures that are 100% fully sustainable and disaster resistant – from individual green systems and homes to fully sustainable communities and commercial centers - completely revolutionizing the sustainable and renewable construction movement forever!


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