NASHVILLE, TN , April 25, 2018 (GLOBE NEWSWIRE) -- LIG Assets, Inc. (OTC PINK: LIGA) (also known as the "Leader in Green Assets" or "LIGA"), is proud to announce the Company has retained the professional services of Lose & Associates, Inc., (pronounced Lōs) a Nashville based landscape architecture, architecture, engineering and planning company specializing in high-end commercial and residential development and construction projects to complete the master planning and zoning evaluation for LIGA Homes’ Brentwood residential development project located in Nashville, Tennessee. Lose & Associates is a recognized member of the American Society of Landscape Architects, the American Institute of Architects, the American Society of Civil Engineers and the American Planning Association. Lose currently has offices located in Knoxville, TN and Atlanta, GA.
Among the many services Lose & Associates will be providing LIGA Homes and the Company’s Brentwood, Tennessee project in particular include conceptual master planning, boundary and topographical surveys, and hydrological determination (HD). Additional services the company is also able to provide include environmental assessments and/or permits, detailed design services, preparation of marketing materials as well as various construction phase services. It is also anticipated Lose & Associates may be able to maximize more space than anticipated based on the geotechnical engineering results. Furthermore, we will be well into the infrastructure of the additional 30 acres before all pre-sales are concluded on the first phase so the difference in lots may not be noticeable as we can make up for it on the Phase 2 side where we do not have to implement so much greenway and common area as the slope on the Holt side is much less sloping.
Furthermore, we will take these down to .30 lots and exceed expectations on the number of homes for the full 60 acres.
Some of Lose & Associates more notable projects include the Ford Ice Center in Nashville, Tennessee, the Hal and Bernie Hanson Regional Park in Loudoun, Virginia, the Kingsport Aquatic Center and Greater Kingsport Family YMCA in Kingston, Tennessee. Lose has also designed two of the first transit-oriented developments in Middle Tennessee – Hamilton Springs in Lebanon and Greensboro North in Gallatin. Current residential client list includes: Turnberry Homes, David Weakley Homes, Natelli Communities, D.R. Horton, and Universal Builders.
Mike Wrye, P.E., Senior Vice President states, "We at Lose, are extremely pleased with the opportunity to provide design services to LIGA Homes. We always enjoy designing new communities, but we believe the unique building materials and processes LIGA has developed will be transformative to the construction industry. We appreciate the opportunity to become a part of the LIGA team."
Lose & Associates has demonstrated a strong commitment to bringing LIGA Homes’ vision for the Brentwood project to reality and has a successful and established reputation for striking a balance between function, aesthetics and value. The company’s experience and high standard of excellence is unmatched as they approach each project focused on striking the perfect balance between both the needs of the client as well as the community – just as importantly, Lose & Associates has an established reputation for superior service and exceptional performance in delivering projects on time and within the client’s budget.
LIGA Chairman Aric Simons states, “This is an important step towards the completion of the Brentwood residential project that will enable LIGA homes to also begin the marketing and pre-construction sale of the project’s residential units generating significant revenues and development capital for our company - and not only as it relates to the Brentwood project but future projects the Company is currently securing.” Simons continued, “Lose & Associates also shares our dedication and commitment to LIGA’s stated corporate mission of sustainability and will prove we can bring sustainable building to the masses at a price point that is competitive with traditional building. LIGA will be building better homes, stronger homes, healthier homes, and energy saving homes – for the same purchase price as traditional homes, and that fact alone should confirm to everyone the growth potential of our Company and share value." LIGA's management team continues to negotiate future development opportunities with investors, developers and partners.
As stated in the Company news release on February 1st, LIG Assets has already closed on the $1,000,000.00 total purchase price with $150,000 submitted on the closing date. The properties deed was procured with a structure that ensures financial success of the development. Phase 1's projected individual homes will be priced between $699k to $1 million+. In addition, LIGA Homes has the option to procure the adjacent 30-acre lot with identical terms.
About LIGA Homes:
LIGA Homes unique residential and commercial developments utilize specially designed and manufactured recycled "element resistant" steel framing, in addition to toxic free magnesium oxide building materials and panels that are 100% mold, fungus, termite and rot resistant and fire resistant against temperatures up to 3500 degrees Fahrenheit as well as famed environmentalist Robert Parr’s exclusive "maximum rated" R-60 insulation -- combining to create disaster resistant materials and structures that can withstand up to a 7.5 magnitude earthquake and sustained gale force winds up to 175 MPH while negating damage caused by rain and flood exposure. With the addition of Plarr's green and renewable systems and products, LIGA Homes is now capable of providing affordable, fully sustainable and disaster resistant living environments - LIGA Homes is at the forefront of this new and improved direction for the green, sustainable and construction sectors.
For more information about LIGA Homes visit - www.LIGAHomes.com or contact the Company directly at 833-LIGAHOMES
General inquiries: ContactUs@LIGAHomes.com
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 and disaster resistant 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 on the pink sheets under the ticker symbol "LIGA."
For additional information about LIG Assets, Inc., Robert Plarr, and/or how to purchase our exclusive homes, structures, products and technologies or to subscribe online to LIGA's free Shareholder Newsletter for regular updates and alerts regarding important Company developments Please visit the Company's website at www.LeaderInGreenAssets.com -- also follow LIGA at Twitter.com/LIGAssets.
About Lose & Associates, Inc.
Lose & Associates is a multi-disciplinary design firm, headquartered in Nashville, founded in 1982. Four divisions comprise the multi-discipline services: landscape architecture, architecture, civil engineering and land planning. Today, we have become one of the most well-known and respected firms in the Southeast. Lose & Associates excels at distinctive, efficient and effective design. Our multi-disciplinary approach enables us to create designs that respect the unique characteristics of each site.
Landscape Architecture: As leaders in the industry of Landscape Architecture, Urban Design, and Recreation Design, Lose & Associates is proud of the enduring landscapes created over our 30-year history. Our team has the knowledge, skill and creativity to provide solutions through a collaborative process over multiple disciplines. This approach ensures cost-effective designs, environmental stewardship and long-term value for our clients and the communities that we serve.
Architecture: Our full-service Architecture division is composed of architects who bring a diverse background of experience to the firm. Our architects provide full design-to-construction services in community recreation, aquatic center, office, active and passive park, educational, renovation and re-purposing projects. We take pride in our long-standing ability to assist clients in realizing their goals while providing the community with amenities for which they can be proud.
Engineering: Our civil engineers are highly skilled in the various aspects of site and infrastructure design. Whether working independently on a smaller project or as part of a larger, multi-disciplinary team, our engineers deliver both functional and cost-effective design solutions. Additionally, our engineers are experienced at securing commonly required environmental permits, coordinating with governmental and regulatory authorities and providing the necessary construction phase services to successfully complete our clients’ projects.
Planning: Our award-winning planners have experience on a wide-range of projects that help create built environments with a sense of place and lasting value. Our private sector services include commercial and mixed-use developments, residential communities, low impact developments and conservation subdivisions. Public sector work includes developing ordinances, form-based codes, comprehensive recreation and park plans, creating design guidelines, on-call plan review and community-wide surveys.
For additional information about Lose & Associates please visit www.LoseandAssociates.com
Contact:
Lose & Associates, Inc.
www.LoseandAssociates.com
615-242-0040
msimmons@loseassoc.com
Forward-Looking Statements:
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings on file at www.OTCMarkets.com.