Webstar Technology Group Announces Partnership with Nelson Worldwide Architects for the Bear Village Resort in Commerce, Georgia

Nelson Worldwide Was Named #9 on Building Design + Construction's Top 200 Architecture Firms for 2024, ranking them as one of the top architects in the country.¹

ATLANTA, Feb. 28, 2025 /PRNewswire/ -- Webstar Technology Group (OTCQB: WBSR), a dynamic innovator in real estate and family entertainment, is pleased to announce a number or recent developments which will set the stage for the future growth of the company. Webstar has entered into a partnership with Nelson Worldwide Architects in Alpharetta, Georgia, to design its proposed $650 million Bear Village² mixed-use family resort destination in Commerce, Georgia, as well as a $1.2 billion development in a premier downtown Atlanta location, which is being negotiated and is fully permitted and shovel ready.

Nelson Worldwide specializes in architecture, mixed-use design and master planning, engineering, sustainable design, and numerous other disciplines. The firm has designed both local and regional project developments such as:

• The Battery Entertainment Complex (Atlanta Braves Stadium): Atlanta, GA
• St. Regis Hotel: Buckhead, GA
• The Gathering Entertainment Hub at South Forsyth: Alpharetta, GA
• Velocity in the Gulch Housing: Nashville, TN
• Lowes Hotel: Atlanta, GA

Webstar acquired the intellectual property rights to the Bear Village concept and is now moving forward with Nelson Worldwide to design its first Bear Village Entertainment complex where the project currently carries a $650 million construction budget. The objective is to capitalize on the booming family entertainment industry sector, which is projected to grow to $60 billion³ over the next 5-years. With the addition of indoor and outdoor racing tracks, this industry sector is also expected to expand, reaching $250 billion by 2031⁴.

Bear Village will provide an array of extreme adventure sports for thrill seekers and the young at heart and will feature the following:

• Indoor and Outdoor Water Parks
• Indoor Adventure Park
• Family Entertainment Center
• Indoor and Outdoor Racing Tracks
• Aquarium
• Conference Center
• 300 Luxury Hotel Rooms
• 800+ Fractional Ownership and Condo Hotel Rooms
• 105 Luxury Townhomes
• Restaurants and Retail
• And other one-of-a-kind amenities

The destination is slated to sit on approximately 120 acres, and set to redefine family entertainment in the region, offering a diverse mix of attractions designed to captivate visitors of all ages. The facility will feature world-class water attractions, thrilling kart racing circuits, immersive adventure experiences, and cutting-edge entertainment options, establishing Commerce, Georgia, as a premier leisure destination.

"Our vision is to create an unparalleled entertainment experience that will attract families, thrill-seekers, and tourists from across the Southeast and beyond," said Ricardo Haynes, CEO of Webstar Technology Group. "With Commerce's prime location and strong community support, we believe this project will be a major economic driver, creating jobs and boosting tourism in the area."

Bear Village Resorts is dedicated to eco-friendly, sustainable development and community engagement, ensuring that the new resort will not only enhance the local economy but also contribute positively to the Commerce community.

Stay tuned for further announcements as we make progress on this exciting development as well as the location in downtown Atlanta. 

About Webstar Technology Group

Webstar Technology Group (OTCQB: WBSR) is a leading real estate development company committed to innovation and excellence with a focus on leveraging cutting-edge solutions to drive growth and create value, and the Company is dedicated to delivering exceptional experiences for its customers and stakeholders. The Company is devoted to developing innovative projects that enhance the quality of life and provide unique entertainment, lifestyle and recreational experiences. With a focus on leading-edge entertainment, Webstar Technology Group is committed to creating destinations that inspire and delight. The Company will shortly be releasing more information on these and other relevant matters.

Investor Relations
Webstar Technology Group
P: (404) 994-7819

Donald R. Keer, P.E., Esq.
Corporate Counsel
Webstar Technology Group
P: (254) 704-2675

Forward Looking Statements Disclaimer: This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Webstar Technology Group Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Such forward-looking statements include the words "vision," "seek", "grow", "plan" and other expressions of a forward-looking nature. More information about the potential factors that could affect the business and financial results is and will be included in Webstar Technology Group Inc.'s filings with the OTC Markets, Securities and Exchange Commission and/or posted on the company's website.

¹ Source: https://nelsonworldwide.com/nelson-ranks-9-in-bdc-top-200-architecture-firms-for-2024/

² Source: https://www.otcmarkets.com/filing/html?id=17736543&guid=poO-kndlL_wfJth

³ Source: https://www.verifiedmarketresearch.com/product/family-entertainment-center-market/

⁴ Source: https://www.precedenceresearch.com/go-kart-market?

SOURCE Webstar Technology Group