Woods has one measure of success, history another. For developers, the course
is the engine that drives the ultimate goal: real estate sales. Like
the Cliffs,
Discovery Land Company builds upscale golf
properties, including Mountaintop in
Cashiers, North Carolina. Discovery employs Fazio exclusively for its
course
designs, having gone so far as to buy a project with an existing
Greg Norman
course before replacing it with a Fazio layout.
“Tom is an extension of our
company,” says Discovery Land CEO
Michael Meldman. “He knows what our market is
and creates aesthetic
courses that both low and high handicappers can
enjoy.”
A-list
architects like Fazio and Nicklaus are in demand because of
their
proven work and ability to sell real estate. “The golf course architect is
very important,” says Matt Shulz of Sky Sotheby’s International Realty,
which
handles upscale real estate in Sarasota, Florida, including at
the Founders
Club. “A high-end designer brings validation to the
project as well as marketing
power to the resale
proposition.”
According to Sara Killeen of the Longitudes
Group,
which has done studies of golf communities, real estate at properties
with courses by name architects has appreciated 10 to 15 percent more
in the
past decade than other real estate in the same area.Without an existing
Tiger course, most of Woods’ value for the Cliffs lies in his name, image and
reputation—assets he has sold to companies like Nike and General Motors for
years. “I’m not completely oblivious to marketing,” Anthony jokes. Indeed, the
Cliffs has used Woods’ name and image in national print ads, as well as
television spots during the FedEx Cup.
As marketable as Woods is in print and in television ads, whether bouncing a
ball off his wedge or hunting gophers, he is more compelling in person. At his
presentation at Walnut Cove, Woods won over Cliffs property owners, who are
first in line for buying lots at High Carolina.
“I’m not a big Tiger fan,”
says David Griefe, who is building a house at Walnut Cove. “But he truly was an
impressive guy. He was very articulate, came across as genuine and really
engaged the crowd. There was a real sense of excitement among the
members.”
Cliffs members are not the only ones in the area looking forward to
Woods’ project. Just as Woods’ ripple effect has made fellow tour pros richer,
nearby communities hope to draft off the Cliffs. “Tiger puts western North
Carolina on the map,” says Barton Tuck, developer of Bright’s Creek Golf Club in
Mill Spring, not far from High Carolina. “We have been trying to feed off the
Cliffs’ advertising.”
The western Carolinas is one of the busiest regions for
golf community development in the U.S. In addition to the courses planned at the
Cliffs, there are projects by Arnold Palmer, Phil Mickelson and Tom Kite
under construction. At the epicenter of this growth is
Anthony, the man who went from fixing phone lines to taking calls from the most
famous athlete in the world. “All this is beyond my imagination,” he says.
“Now the whole world knows about us.”