Developer, Sons Building $32M Sportsman's Dream in Delta

by Jan Cottingham  on Monday, Mar. 4, 2013 12:00 am  

“Once everything is completed, I think this facility will be one-of-a-kind,” he says. “I’d agree,” Holzmeier adds. “No one else really offers the mixture, the blend,” he says.

“Me and Alex have shot and traveled all over the country, and once this is finished, it will be one of the premier resorts for an outdoorsman there is,” Kelly says.

So what is that blend? The Delta website markets it as “Where Wing Meets Clay,” “a unique combination of extreme waterfowl hunting and world-class shooting including Sporting Clays and Olympic Bunker Trap all in one setting.”

For the uninitiated, that means a combination of good old-fashioned duck hunting and the shooting of clay targets.

In addition, the resort features a 13-acre stocked bass lake for fishermen, a lake designed by famed fisherman Bill Dance of Collierville, Tenn.

Delta Resort & Conference Center is now centered by the large rustic-but-wired lodge that is the home of Gibbs and his family, which includes sons Josh and Jeremy. The lodge itself has 14 guest rooms.

Down the road a bit are the two buildings that will offer guests 132 rooms, space for 176 occupants. Finishing-out is all that remains to completion.

And there’s the triplex, three buildings that are home to a 7,000-SF conference center, restaurant and bar, and a pro shop.

Gibbs, said by Kelly to be closing on a hotel and unavailable for comment, is a real estate developer based in Franklin, Tenn., south of Nashville. He’s the owner and CEO of Coastal Phoenix Investments. Sons Jeremy and Joshua are SVPs at the company, which specializes in subsidized housing.

Gibbs has built apartment complexes in Jonesboro, Bentonville and West Memphis. Jeremy Gibbs, through Coastal Phoenix Investments, has been involved in projects in McGehee, Warren and Lake Village.

Gary Gibbs has had a couple of bankruptcies over the last 25 years, but the successful projects appear to have dominated his professional history, which, according to the CPI website, has involved more than $250 million in real estate assets.

The resort’s promotional material tells the tale of Gibbs’ first duck hunt, in 1979 in flooded timber at Banfield’s Duck Funnel Hunt Club in Tillar. He sought to recreate this magical experience and in 2006 was able to buy the Banfield property.

 

 

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