VIRGINIA BEACH, VA— Gold Key Resorts broke ground June 28, on its third timeshare ownership project at the oceanfront here. The $17 million project, the Boardwalk Resort Hotel & Villas, is slated to open by next summer. The 86-unit property will offer one-, two- and three-bedroom suites and will primarily be sold as one-week timeshares. However, some units will be reserved for hotel accommodations. The company owns and operates two other timeshare resorts at the oceanfront— Beach Quarters and Turtle Cay.
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