McCann Development Series II, LLC
to spearhead Palmetto Cove
condominium community


FORT MYERS, FL (March 10, 2006) –McCann Development Series II, LLC is overseeing the construction of Palmetto Cove, a private, gated condominium home community just minutes from area beaches and community attractions.

McCann is a fully integrated development company that specializes in building and managing condominium homes and high-rise residential communities. The company has successfully delivered homes throughout the Eastern United States.

In addition to Palmetto Cove, McCann currently contributes to the success of two other Southwest Florida developments aggregating nearly $1 billion. North Oaks at Cape Coral is a development of 127 lakefront single family home sites on 163 acres. Oasis in downtown Fort Myers is a community of five 32-story condominium towers, lofts and town homes with retail. Oasis features 1,079 residences, plus a yacht club and dry dock storage for approximately 300 boats on the Caloosahatchee River. It is being co-developed with The Related Group of South Florida.

Other notable McCann projects in Florida include the Ritz-Carlton South Beach in Miami, the Ritz-Carlton Hotel & Residences in Coconut Grove, and several retail, commercial and health care facilities.

Palmetto Cove is a private, gated condominium complex featuring two-story condominium homes surrounded by lush landscaping and preserves. Located near beaches, golf courses, public marinas and a variety of upscale shopping, dining and entertainment venues, Palmetto Cove offers an environment that is close to everything yet feels far away from it all. The community, featuring two distinctive floor plans, is being built by McCann Development Series II, LLC and marketed exclusively by The Prince Group of Fort Myers. More information is available by calling 239-337-2683 or on the web at www.palmettocove.info