Keystone Construction Completes Bluegreen’s Regional Headquarters

For Immediate Release

Keystone Construction Completes Bluegreen’s Regional Headquarters

INDIANAPOLIS, IN (June 5, 2009)– Keystone Construction has completed the 31,000 SF expansion of Bluegreen Corporation’s regional headquarters. The project was constructed in three phases to allow Bluegreen’s operations to continue during the construction process. The new office space is located at the Pyramids building at 3500 DePauw Blvd. in northern Indianapolis.

About Keystone:
Keystone Construction is located in downtown Indianapolis in the historic Majestic Building. Keystone offers Construction Management, General Construction, Design-Build, Master Planning, Project Management, Development, and Investment services. Keystone has successfully executed hundreds of projects with varying degrees of complexity for clients in these market segments: municipal, multifamily, commercial, residential, institutional, industrial, and healthcare. Keystone’s current projects in process range in size from $50,000 to $53 million. Current work in process exceeds $100 million. Keystone was honored as one of the fastest growing companies in Indiana by Indiana University in 2008 and one of the ten fastest growing companies in Indianapolis in 2009.

About Bluegreen:
Bluegreen Corporation (NYSE:BXG) is a leading provider of Colorful Places to Live and Play®. With more than 194,000 owners, Bluegreen Resorts markets a flexible, real-estate based vacation ownership plan that provides access to more than 45 resorts and an exchange network of over 3,700 resorts and other vacation experiences such as cruises and hotel stays. Bluegreen Communities has sold more than 55,000 planned residential and golf community homesites in 32 states since 1985. Founded in 1966, Bluegreen is headquartered in Boca Raton, Fla., and employs over 3,500 associates. Bluegreen has been ranked No. 57 on Forbes’ list of The 200 Best Small Companies and No. 48 on FORTUNE’S list of America’s 100 Fastest Growing Companies.

Media Contact:
Greg Martz (317) 636-2000 or [email protected]
Relevant Websites:
www.keystone-corp.com
www.bluegreenonline.com