Changes

'''Contrada Hills''' (formerly known as '''Jubilee''') is a [[Wikipedia:New town|planned community]] slated for development on a 2,718-acre parcel in north [[Santa Rosa County]] near [[Pace]], between [[Berryhill Road]], [[Willard Norris Road]] and [[Chumuckla Highway]]. It was announced on [[March 20]], [[2007]] at a grandiose event and has employed a high-profile advertising campaign (see [[#Marketing|below]]). The massive residential project is planned to include 588 single-family houses in the first phase alone, priced between $275,000 to $1.5 million,<ref name="roadblock">"Jubilee hits roadblock." ''Pensacola News Journal'', August 8, 2007.</ref> as well as a private golf club designed by PGA champion and Pensacola resident [[Jerry Pate]]. The development was originally planned by Atlanta-based The Eagle Group, but was taken over by investors under the name [[2718 Santa Rosa]] when the project was hit by million of dollars in liens. It was renamed Contrada Hills in early [[2008]] and designated a "Community Development District" by the [[Santa Rosa County Commission]].<ref name="renamed">"Pace's Jubilee housing project renamed." ''Pensacola News Journal'', January 11, 2008.</ref> This status will allow the developers to issue interesttax-free bonds to pay for infrastructure improvements.