Tribute Resort Community Reports More than 100% Year-Over-Year Increase in Lot Sales to Cap 2010

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THE COLONY, TX – December 21, 2010 – (RealEstateRama) — Matthews Southwest, one of the region’s most progressive developers, today announces a projected more than 100% year-over-year increase in residential lot sales at The Tribute Resort Community on the shores of Lewisville Lake.

According to company president Jack Matthews, Matthews Southwest is charting an aggressive sales, marketing and builder partnership course for the amenity-rich master-planned community in 2011.

“The increase in sales is proof that even in this tough economy, buyers and builders recognize The Tribute is the ideal location to live, work and play,” says Matthews. “Heading into 2011 we are committed to continuing to grow the community and offer the types of amenities homeowners are seeking out.”

Highlights from 2010 include:

–The opening of The Tribute’s second, 18-hole golf course, The Old American Golf Club, named one of the best new courses in the U.S. by GOLF Magazine, Golfweek and LINKS Magazine;

–Forging new partnerships with builders, Grand Homes and American Legend Homes, while continuing work with Coventry Homes, Drees Custom Homes, Highland Homes, Warwick Custom Homes and Flagstone Custom Homes to provide a wide-variety of high-end residential product;

–Teaming with The Colony Parks & Recreation Department, the Texas Parks & Wildlife Department and the US Army Corps of Engineers to develop The Wynnewood Peninsula Nature Trails;

–Maintaining its Green Homebuilders Alliance, requiring builders to maintain the highest standards of energy and water efficiency, recycling and indoor air quality.

For more information on The Tribute: www.thetribute.com; 972.221.1199.

About The Tribute Resort Community

The Tribute is an unmatched lakefront golf resort and master-planned development situated on 23,200-acre Lewisville Lake. Conveniently located 20 miles north of Dallas Fort Worth International Airport and 30 miles from the Metroplex, it features two nationally ranked golf courses – The Old American and Tribute Golf Clubs. The 1,500-acre master-planned development boasts amenity centers, resort-style pools, gardens, parks and playgrounds, a future on-site school, over six miles of hike-and-bike trails, landscaped canals, and hundreds of acres of accessible open space. Future plans call for a lake club and marina, upscale hotel, retail shops and more. At The Tribute, category-leading builders craft “Old World” architecture, blending with stunning vistas of Lewisville Lake to create one of the state’s truly unique residential enclaves.

About Matthews Southwest

Matthews Southwest is a full-service development company headquartered in Dallas. Since 1988, this dynamic and growth-driven company has acquired, built and managed single and multi-tenant corporate office, institutional and industrial developments throughout the United States, Mexico and Canada. From conception to completion, Matthews Southwest brings together financial resources and an experienced management team to form profitable partnerships focused on creating projects of lasting excellence.

With strong emphasis on time management and cost controls, Matthews Southwest provides investors the profitable return that initially attracts them. Keynote on-going projects include The Bow, a two million square-foot office building in Calgary, Alberta designed by Fosters and Partners; the Omni Dallas Convention Center Hotel, a 1000-room luxury hotel in downtown Dallas; and South Side on Lamar, a mixed use development in downtown Dallas that includes artist lofts, condominiums, retail space, concert venues, and more.

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