Jan 03, 2017
Back in Playa
(D0MINICAN REPUBLIC) The Caribbean may soon add another high end resort to its collection. Nearly a decade ago, real estate investment firm Dolphin Capital Dolphin Capital acquired land for Playa Grande and was planning on building 400 homes. Instead, in November 2016, the firm sold the property for $150 million to Third Point, a New York-based hedge fund. Third Point, in turn, has entered into a partnership with Discovery Land Company to develop a variety of luxury villas and custom homesites located along the beaches, golf course, cliffside, and Mountain Reserve. The golf course is the Playa Grande Golf Course, originally designed by Robert Trent Jones Sr. in 1995 and recently renovated by his son, Rees Jones. The course features 10 holes along the ocean, including a run from the 14th green to the final putt along cliffs high above the Atlantic. The community already includes the Amanera Resort, an award-winning resort that opened in 2015.
Dec 23, 2016
An Early Christmas Gift
(SUNSET, SC) Giving back is not a new concept for the very charitable members of The Reserve at Lake Keowee. Their Community Foundation has raised and distributed more than $541,000 to local charities over the last decade. The Foundation is a work of love for The Reserve’s members, who put both time and money into community and charitable events throughout the year, including the BMW Charity Pro-Am presented by SYNNEX. This year was extra special. Eight local charities were invited to The Reserve for a Christmas Show and the presentation of the Charitable Foundation’s annual check. A record-breaking total of $141,000 raised in 2016—a 28 percent increase from the previous year—was announced and funds were distributed. Milledge Cassell, Chairman of the Board of Directors for Feed a Hungry Child, one of the beneficiaries, described this as the “biggest donation we’ve ever gotten from an individual, organization or grant.” In terms of the level of impact this gift will have on the organization’s ability to serve out its mission, Cassell said that this one contribution would be the equivalent of feeding more than 600 children each week for nearly three months straight. Merry Christmas indeed!
Dec 21, 2016
‘Tis the Season
(BLUFFTON, SC) It’s no secret in these parts that Colleton River is one of the country’s top private golf communities and clubs. (The club recently won Hilton Head Monthly’s 2016 Readers’ Choice Award for Favorite Private Golf Club in Bluffton.) The golf alone—signature 18-hole golf courses by Jack Nicklaus and Pete Dye—distinguish this premier community on the water. But the member experience here goes well beyond the courses and has attracted national attention. For the fifth consecutive year, Colleton River has received Platinum Club of America designation and has been ranked in the top five percent of all private clubs in the country by Club Leaders Forum. Also this year, for the second time, they have been designated a Distinguished Emerald Club of the World by Boardroom Magazine. Pretty heady stuff and all well deserved. But that doesn’t mean they’ll be resting on their laurels. A new state-of-the-art golf practice park and learning center are slated for completion in early 2017. Expect these practice facilities to be unrivaled in the Southeast and only reinforce the Club’s brand as the premier community on the water.
Dec 19, 2016
Greenacres is the Place to Be
(LAWRENCEVILLE, NJ) In need of a membership boost and golf course renovation, Greenacres Country Club will sell about 15 acres to Lennar Homes. The builder plans put 97 townhomes on the land, which is currently being used as a practice area. The club will use the funds for a $3 million makeover of its parkland-style, Devereux Emmet designed course. (Emmet counts among his masterpieces Congressional Country Club and Bethpage Green.) Bobby Weed, who specializes in redesigning and repurposing courses, will direct a complete, 11-month overhaul of the course. The sale is expected to close in the second quarter of 2017 and the renovations will begin soon after. The club the course renovation, plus a major redevelopment of virtually all of Greenacres’ facilities including upgrading the clubhouse, expanding the fitness center, enhancing their aquatic facilities, and adding a new children’s activity center, will help boost membership from about 200 to 300.
Dec 16, 2016
Taking Back Nine
(SCOTTSDALE, AZ) In an area that bills itself as the “World’s Finest Golf Destination” and offers more than 200 golf courses, there’s a new trend that could cut options for golfers: golf-course owners throughout the Valley of the Sun are considering redevelopment of their land, according to The Republic. The latest is The Phoenician resort at the base of Camelback Mountain. The new owners are planning a substantial makeover of the resort, which would include 382 new houses, townhomes, condos and resort casitas. To achieve that, they would reduce the number of the resort’s golf holes from 27 down to 18. The plan has neighbors worried about density and traffic, though the developer has indicated that the plan would leave substantial open space and every effort will be made to keep golf course views for those who already have them. The proposal is still under review by the city, which has final approval, and will require neighborhood meetings for feedback.