Dec 08, 2015
(LOS CABOS, MEXICO) It’s a location unlike any other. The southern tip of Mexico’s Baja Peninsula is an extraordinarily beautiful slice of land and home to great golf, gorgeous ocean views, and beautiful weather. It’s also home to Pueblo Bonito Oceanfront Resorts and Spas, which has five award-winning resorts in Cabo San Lucas, including Quivira Golf Club that opened last year. Now Pueblo Bonito Oceanfront Resorts and Spas has announced it is significantly increasing its commitment to the region with a planned investment of more than $120 million across its Los Cabos properties in 2016. Included in the plans are a major expansion for Pueblo Bonito Pacifica Golf & Spa Resort, which will add two new towers, , including a magnificent Presidential Suite. Pueblo Bonito Sunset Beach Golf & Spa Resort will add 104 villas, a brand new upscale dining court , and a family-oriented recreational club. At Quivira, 2016 will also bring the next phase of development at Copala, which ultimately will include 85 houses and seven 6-floor buildings, each with 36 apartments, including 1-, 2- and 3-bedroom units. They have also broken ground on the 22-acre Coronado community, set on a desert ridge high above the sea.
Dec 07, 2015
$14 Billion Resort
(NORTH CAROLINA) It’s back! The economic downtown killed plans for a sprawling resort in the shadow of Great Smoky Mountains National Park in Western North Carolina. But now comes word that former Disney exec, Jerry Pospisil, is overseeing the revival of the $14 billion lifestyle resort complex sprawled over 4,500 acres. The development is slated to include signatures courses by Jack Nicklaus, Greg Norman and Arnold Palmer, along with a ski area, horse riding center, wilderness experiences, town center with 14-screen cineplex, luxury hotels and residences, restaurants, and spa. The project is expected to take place in five phases over ten years, but it is still awaiting approval by the U.S. Securities and Exchange Commission to solicit investment capital.
Dec 04, 2015
(SARASOTA, FL) 2015 is finishing on a strong note for The Concession Residences, where the centerpiece is the nationally-ranked Concession Golf Club, a Jack Nicklaus Signature Golf Course designed in association with Tony Jacklin, and named for the famous putt Nicklaus conceded to his European counterpart in the 1969 Ryder Cup. The 1,200-acre, low-density luxury community is reporting a banner year in which price per unit skyrocketed more than $50,000 year-over-year. The 18% increase from 2014’s per unit price of $255,090 to 2015’s $306,513 marked a year in which 40 units sold and overall sales are approaching $12 million. Sixteen homes were completed this year, and less than 50 of The Concession’s original 236 lots remain.
Dec 02, 2015
(OSPREY, FL) Member-owned golf communities have plenty of benefits. Chief among them is the ability to get things done when and how you like. When members at the Oaks Club decided it was time to update the Heron Course, originally designed by Willard Byrd in 1980, they went to work. The project was approved in late 2013 and construction begin mid 2014. The year-long project was completed within budget and on schedule, opening last week. The renovations were designed to enhance playability and improve maintenance conditions. The course now plays between 4,185 and 6,825 yards, slightly longer than it was. Director of Golf Tim Beckwith says the redesigned course includes many features beyond new irrigation and drainage systems that golfers will see and enjoy, such as large, tightly mowed chipping areas, fewer bunkers, forgiving fairways, shorter carries over hazards, and new and larger tees at a wide variety of distances.
Nov 30, 2015
(SOMEWHERE-IN-GEORGIA) As the golf real estate industry continues to sort itself out, there have been way too many stories of golf courses being repurposed for housing developments. A recent story out of rural Georgia just might offer another (tongue-in-cheek) alternative: housing developments under golf courses. A home for sale in an undisclosed location caught our attention. The $17.5 million luxury home with 12 bedrooms and 12 bathrooms is buried 45 feet underground. Beyond the library, 15-seat screening room, conference room, gym, and rec room, this subterranean luxe home also includes decontamination showers, 3-foot thick concrete walls, state-of-the-art fresh air intake system, medical room, $100,000 security system and has been constructed to withstand a 20 kiloton nuclear blast. You got it. This was built to withstand the zombie apocalypse. Still, it’s above ground footprint takes up no more space than that comfort station at the turn. Hmmm…