Thompson Properties, Inc. of Florida, acquired the 1,400 plus acre, World War II Airfield from an Atlanta investment group in 1978. The property known as SPRUCE CREEK already had governmental approvals in place for over 6,000 living units and 3.0 million square feet of commercial endeavor, and envisioned a community of lower density and higher values with an emphasis on higher end country club living. After extensive studies and planning, SPRUCE CREEK was revised to an overall development plan by reducing the total number of living units by over fifty percent to 2,650 and cutting ninety percent of the commercial square footage to 300,000.

Over the years SPRUCE CREEK has transformed from a wonderfully wooded land into a unique, world class, self-sufficient community including an 18 hole championship golf course; luxurious country club with 660 equity memberships; an airport with a 4,000 foot paved and lighted runway; taxi ways; Fixed Base Operation; roadways; and manicured green belt areas.

To insure proper funding management, Spruce Creek Country Club is now owned by the membership and the common areas of the community have been transferred to the Property Owners Association. The Property Owners Association is represented by a blue-ribbon board of governors who direct the management, funding and maintenance of the common amenities. The distinguished Spruce Creek Country Club Board, as well as the members take great pride in their club and are continually upgrading the golf course and other facilities.

Of the 2,650 units approved with the Planned Unit Development, the infrastructure implemented has produced the theme responsible for over 900 beautiful custom-built homes, villas and condominiums strategically located along beautifully groomed fairways and easily accessible taxiways. There have been many improvements including the construction of many single family golf course and taxiway access custom homes, including Wedgewood, a patio-home neighborhood of zero-lot line association residences, and Fairway Chase and Woodside, two cluster townhouse neighborhoods. Various parcels have been sold which have produced SPRUCE CREEK'S Glen Eagles, a taxiway access subdivision with 87 single family homes ranging from $400,000 to $1.5 million; SPRUCE CREEK'S single family homes ranging from $150,000 to $300,000; SPRUCE CREEK'S Turtle Pointe Village with homes in the $100,000 to $150,000 range; $150,000 to $250,000 single family homes can be found at The Lakes at SPRUCE CREEK; and Spruce Creek Country Club Estates range from $250,000 to $500,000 for single family residences.

SPRUCE CREEK has in the past followed a regimented program of selective development and the sale of various parcels to responsible developers. It is Jay Thompson's philosophy of "Orderly Conservative Growth"', that will insure continuing prosperity for the community.