Jack Nicklaus, whose accolades as a golf course designer parallel a legendary career that includes a record 18 professional major championships, joined friends and fellow greats Johnny Miller, Arnold Palmer and Tom Watson today to celebrate the grand opening of The Golf Club at Harbor Shores, a new 18-hole Jack Nicklaus Signature Golf Course. The Harbor Shores Champions for Change Golf Challenge featured the foursome competing in an 18-hole scramble skins format with rotating two-man teams.
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Martis Camp wins highest honors and is recognized for its focus on providing incredible opportunities for architecture, recreation, community gathering and celebration of nature at the 47th annual Pacific Coast Builders Conference Gold Nugget Awards luncheon on June 10, 2010. Martis Camp was honored as the only property this year to win three Grand Awards: Best Residential Community of the Year, Best Private Recreational Facility for the design of the Family Barn, and Best Site Plan of the Year. Martis Camp was also recognized with a Merit Award for its Family Barn Cabins.
More on Martis Camp Luxury Golf and Ski Resport Wins Three Awards
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Now this is an interesting auction. No golf homes for sale – an honest to goodness’ private golf course is being auctioned off 23rd October in Wisconsin. The credit crunch continues to strike the wealthy and this private golf course is reluctantly being put up for auction at a considerable discount.
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The partially completed Momi Resort development in Fiji will go up for mortgagee auction on July 22nd
The Fiji National Provident Fund (FNPF) has appointed Bayleys Real Estate to handle the sale of the first stage of the development which encompasses more than 350 residential luxury homes sites, a partially completed nine-hole golf course, golf clubhouse, and hotel complex after the developers were unable to refinance.
More on Massive Fijian resort development site goes up for sale
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Luxury Hotel that never was
Another part finished luxury golf development is facing financial issues. Harbor Station in Virginia. All I can say is it is about time the Federal reserve printed some more money or we are going to see more of these things collapse. A few county authorities sensibly refused to allow golf courses to be built until after the residential development was completed, but Prince William County apparently needed the backsheesh and the first part completed was the Jack Nicklaus-designed golf course which was to be followed by 4,000+ McMansions and the usual conference center, luxury hotel etc.
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The Cliffs, a luxury golf development near in High Carolina near Asheville is suffering from the slowdown in golf community sales. We have covered a number of similar developments recently and many are running into difficulties, including the Cherokee Run Country Club in Georgia, and the Laurel Cove in Tennessee. Relatively speaking, I feel The Cliffs is one of the stronger developments, but they are still facing the same issue as the rest of the industry.
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