SOURCE: Landstar Development Group Corp.

Landstar Development Group Corp.

April 13, 2015 08:00 ET

Landstar Development Group Exercises Extension for the 161 Acre Projected Senior Housing Community in Southern California

DESERT HOT SPRINGS, CA--(Marketwired - Apr 13, 2015) - Landstar Development Group (OTC PINK: LSDC) CEO Walter Luce is working diligently with the engineers and local authorities for a conclusion of what entitlements will be granted for the 161 acre projected project. Landstar Development Group is focused on a minimum of 300-700 units. The Company looks forward to a conclusion of where the projected project stands after the land planning and architects submit the much anticipated master plan.

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About Landstar Development Group Inc.

Landstar Development Group Corp., ("LSDC"), is a holding Corporation that develops independent living, assisted living and memory center communities. Landstar Development Groups management are specialists in acquiring raw land and having it entitled for the appropriate use and then build the proposed project.

Forward-Looking Statement

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Contact Information

  • Contact Information:
    Landstar Development Group Inc.
    (760) 251-5555