Independent Film Development Corp. (IFLM) with a plan of operations to develop themed resorts and be a sales /distribution agent for digital films, announced that it is set to acquire the first property for its real estate fund. IFLM and the seller have agreed on a price of $1.275 million for a property in southern CA.

The parcel consists of a 2.83 acre parcel with two building lots. A residence is planned on the larger of the two building lots. The proposed design will be a magnificent architectural statement by Vitus Matare.

As designed, it will be a 4,000+ SF modern masterpiece with an additional 1176 SF detached studio. The completed property is designed to include a two car garage, along with a pool, a spa and an additional 684 SF of covered decks. The purchase price includes all the plans, reports, results of investigations, and is contingent on final City approval.