The United States could be on the cusp of opening a new beach resort on the west coast of the country, with plans to develop a 2,000-acre island off New York’s shores.
The island could be the first of its kind in the United States and will be built by private-equity firm Oceanfront Development Group, which also owns the world’s largest privately-owned yacht, the Ocean Princess.
The development is set to open next year.
The island, known as Island 1, would include a beach villas, hotels, retail and restaurants, and will attract the kind of tourists that New York has long been known for.
The islands name comes from the fact that the island was originally owned by the New York State government, which bought it for $1.3 billion in the early 1900s.
It was also a location for the world famous New York Giants football team.
The team moved to New Jersey in 1995.
The company behind the development, Oceanfront, was founded in 2013 by billionaire Michael DeLuca.
It is based in San Diego, California.
The firm is working on the island, which will cost about $2.5 billion.
The project has raised millions of dollars from investors, including a $2 million donation from the estate of actor Leonardo DiCaprio.
It will be a $5 billion project, according to Oceanfront’s website.
The group is also planning to develop the first privately-operated beach resort in the Pacific Ocean off the east coast of California, the company said.
The beach resort would feature restaurants, hotels and shopping, the website said.
According to a statement from Oceanfront that was posted on the company’s website, the island will be the biggest and most exclusive beach resort ever built in the US, with the beach villae totaling more than 100,000 square feet.
The first of these villas will be finished in the next two years and will host guests at a beach club that is currently under construction on the property.
The villas would include private cabins, a private spa and an exclusive restaurant.
The resort will include approximately 60,000 sq. ft. of indoor space and will include a fully-equipped tennis court, a marina, restaurants, an outdoor pool, a spa, a swimming pool, fitness center, and more.
Oceanfront said the island would attract visitors from all over the world and would be a major tourism draw, with tourists from around the world visiting the island and living and working there.
Oceanfront Development said the development will help revitalize and revitalize the New Jersey economy.
The New Jersey Department of Business and Professional Regulation (DBOR) is responsible for approving and overseeing the development of new projects, including development of major public-use projects.
The agency has received the island project from Ocean Front Development Group for consideration, and Oceanfront is evaluating its application to the New Brunswick County Economic Development Authority (BDEA), the agency said in a statement.
New Jersey Gov.
Chris Christie said Oceanfront development has helped the state attract thousands of foreign tourists to the state, which is struggling with a budget crisis.
“This is the largest private investment of this type ever in the history of New Jersey, and it’s creating jobs and creating a significant economic impact in the state,” he said.
“We’re going to have a lot of foreign visitors come to New York and New Jersey and New York City and we’re going a long way toward attracting them.”