BOCA RATON, FL (August 10, 2011) -? Bluegreen Corporation (NYSE: BXG), a leading provider of Colorful Places to Live and Play, has announced it will be celebrating its 20th Anniversary at its Boca Raton, Florida location, during the week of August 15, 2011. The week-long celebration will begin with a Ribbon Cutting Ceremony at 9am, Monday, August 15th. The Company?s celebrations will commemorate its growth and success in the timeshare, resort management and real estate industry since its relocation to South Florida.
Founded in 1966 as Patten Corporation, by Harry Patten, the company celebrated 25 years of success as a land sales company in Vermont before it opened its Boca Raton location. In 1994, the firm was joined by George F. Donovan, who served as President and Chief Executive Officer. Donovan repositioned Bluegreen for long-term growth by streamlining the company?s land development business and expanding into the vacation ownership and golf industries. In 1996, Patten Corporation changed its name to Bluegreen, NYSE ticker symbol: BXG. In 2007, upon Donovan?s retirement, John Maloney stepped up from Director of Bluegreen Resorts to President and CEO.
Today, Bluegreen Corporation is a dynamic, profitable company led by talented, dedicated people who share a single vision: to be recognized as a leader in superior leisure and lifestyle products and services, which help individuals and families improve the quality of their lives. The company?s original core values of excellence, integrity, customer service, speed and urgency, and respect for people are qualities that Bluegreen Corporation still holds with high regard.
?As Bluegreen has grown to include some 222,000 owners, over 50 resorts and an additional 4,000 resorts are available through our exchange network, we are proud to say we have achieved and maintained an honorable standard of work and ethics,? states John Maloney, President and CEO of Bluegreen Corporation. Maloney continues, ?I am humbled by Bluegreen?s success over the past 20 years in Boca Raton, and look forward to watching the company grow and prosper for decades to come.?
ABOUT BLUEGREEN CORPORATION
Founded in 1966 and headquartered in Boca Raton, FL, Bluegreen Corporation (NYSE:BXG) is the leader in providing Colorful Places to Live and Play? through its vacation ownership resort and residential real estate business segments. Our more than 3,500 employees are passionate about delivering extraordinary experiences for our owners, travelers and business partners. Since 1996, Bluegreen has managed, marketed and sold a flexible, real estate-based vacation ownership plan with more than 222,600 owners, over 54 owned or managed resorts, and access to more than 4,000 resorts worldwide. Since 1985, Bluegreen Communities has developed master-planned residential and golf communities primarily in the southern and southeastern U.S., and has sold over 55,000 home sites. We also offer a portfolio of comprehensive, turnkey, fee-for-service resort management, financial services, customer generation and sales solutions to third-party developers and lenders. For more information, visit us online at www.bluegreencorp.com. See what Bluegreen owners are saying on Facebook (http://www.facebook.com/bluegreenresort) or follow us on Twitter (http://twitter.com/#!/bluegreentweets) . Corporate offices are located in the T-Rex/Boca Corporate Center on Yamato Road, just west of 95. The address is 4960 Conference Way North, Boca Raton, Fl 33431.
SOURCE: Bluegreen Corporation
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