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Posts Tagged ‘tiger woods dubai’

5 of the Most Controversial Golf Resort Developments

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Golf developments in sunny locations are a big-hit with the buyers, and have sold well even during the recent downturn. They generate millions in revenue for the locations in which they are built. Unfortunately developers are trying to capitalise on this fact to build golf courses on conservation areas and even on people’s homes. Obviously this is a cause of controversy. Between that and the development escapades of fallen star Tiger Woods, here are some interesting stories in the world of international golf resort development — here are just a few of them:

Tiger Woods Dubai Project on Track

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A recent press release from Dubai developers, Tatweer suggest that the first phase of the first Tiger Woods’ designed golf course is only months away from it’s completion due date in Q4 2009.

The revolutionary course would feature 5 million square feet of locally grown grass and over 30,000 fully grown imported trees according to the release.

The developers’ of the ‘The Tiger Woods Dubai’ project are Tatweer, a division of Dubai Holding, a UAE government owned company. Their plan is to make it part of Dubailand, a massive theme-park complex on the outskirts of Dubai.

The course and surrounding golf residential community together would cost US$1.09 billion (AED4 billion).

Exclusive Interview with Tiger Woods on Property Investments

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We thought we’d share this video; it’s an exclusive interview with Tiger Woods about his investments outside of the golf course. He is a co-investor in a soon to be constructed $1.3 billion exclusive private golf residential community called Albany Golf & Beach Club in the Caribbean island, Bahamas.

He also talks about the Dubai property market & Tiger Woods Dubai, the first Tiger Woods-designed golf course and resort to be located in Dubailand.

Although he did not invest early, he is owns Google shares and is bent on holding.

He finally clarifies that he did not buy a $65 million New York, Hamptons seaside estate as this article suggests.