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	<title>Golf Archives - VRJ Properties</title>
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	<description>Multifamily and Commercial Real Estate Investments</description>
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	<title>Golf Archives - VRJ Properties</title>
	<link>https://vrjproperties.com/tag/golf/</link>
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		<title>Dominium Hoping to Turn Raleigh Golf Holes into Affordable Housing</title>
		<link>https://vrjproperties.com/dominium-hoping-to-turn-raleigh-golf-holes-into-affordable-housing/</link>
		
		<dc:creator><![CDATA[VRJwebmaster]]></dc:creator>
		<pubDate>Fri, 24 Jan 2025 14:43:51 +0000</pubDate>
				<category><![CDATA[Multifamily]]></category>
		<category><![CDATA[Affordable]]></category>
		<category><![CDATA[commercial real estate]]></category>
		<category><![CDATA[Dominium]]></category>
		<category><![CDATA[Golf]]></category>
		<category><![CDATA[Holes]]></category>
		<category><![CDATA[Hoping]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[Raleigh]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[Turn]]></category>
		<guid isPermaLink="false">https://vrjproperties.com/dominium-hoping-to-turn-raleigh-golf-holes-into-affordable-housing/</guid>

					<description><![CDATA[<p>Dominium is hoping to take over some of a golf course property owned by the Raleigh Golf Association golf course to build apartments on nearly 44 acres. The proposed zoning is residential mixed-use up to four stories. The request contemplates...</p>
<p>The post <a href="https://vrjproperties.com/dominium-hoping-to-turn-raleigh-golf-holes-into-affordable-housing/">Dominium Hoping to Turn Raleigh Golf Holes into Affordable Housing</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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<p><strong>Dominium</strong> is hoping to take over some of a golf course property owned by the Raleigh Golf Association golf course to build apartments on nearly 44 acres. The proposed zoning is residential mixed-use up to four stories. The request contemplates only building on a few of the holes at the 27-hole layout.</p>
<p>The properties identified in the application are on the north side of the road. The RGA clubhouse and most of the 27-holes at the course on the south side of Tryon Road are not included in the rezoning.</p>
<p>The company is in the design process and plans to build between 350 and 500 townhomes and apartments. The units will most likely be offered to those making 60 percent or less of the area median income. The project would take three to four years to complete.</p>
<p>Dominium anticipates receiving noncompetitive housing tax credits from the North Carolina Housing Finance Agency.</p>
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<p><br />
<br /><a href="https://www.connectcre.com/stories/dominium-hoping-to-turn-raleigh-golf-holes-into-affordable-housing/">Source link </a></p>
<p>The post <a href="https://vrjproperties.com/dominium-hoping-to-turn-raleigh-golf-holes-into-affordable-housing/">Dominium Hoping to Turn Raleigh Golf Holes into Affordable Housing</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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		<title>Hotel, Main Event Adjoining Greensboro Top Golf</title>
		<link>https://vrjproperties.com/hotel-main-event-adjoining-greensboro-top-golf/</link>
		
		<dc:creator><![CDATA[VRJwebmaster]]></dc:creator>
		<pubDate>Tue, 08 Oct 2024 14:23:48 +0000</pubDate>
				<category><![CDATA[Hospitality]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Adjoining]]></category>
		<category><![CDATA[commercial real estate]]></category>
		<category><![CDATA[Event]]></category>
		<category><![CDATA[Golf]]></category>
		<category><![CDATA[Greensboro]]></category>
		<category><![CDATA[Hotel]]></category>
		<category><![CDATA[Main]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[Top]]></category>
		<guid isPermaLink="false">https://vrjproperties.com/hotel-main-event-adjoining-greensboro-top-golf/</guid>

					<description><![CDATA[<p>Realty Link plans to build a Marriott Studio Res hotel and a Main Event entertainment center next to the recently opened Top Golf. The Triad Business Journal reports Topgolf’s new $10.5 million Greensboro facility is 50,000 square feet and located on a...</p>
<p>The post <a href="https://vrjproperties.com/hotel-main-event-adjoining-greensboro-top-golf/">Hotel, Main Event Adjoining Greensboro Top Golf</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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<p data-beyondwords-marker="b289005a-faf1-49d4-992c-6551728da817"><strong>Realty Link</strong> plans to build a Marriott Studio Res hotel and a Main Event entertainment center next to the recently opened Top Golf. </p>
<p data-beyondwords-marker="a053efad-7d22-4b26-bd10-37eb13d26f7c">The Triad Business Journal reports Topgolf’s new $10.5 million Greensboro facility is 50,000 square feet and located on a 30-acre site at 609 Guilford College Road, near the intersection with Bridford Road. </p>
<p data-beyondwords-marker="6e8fc32e-c43a-4469-a302-576cbf5cd688">Plans call for the Marriott StudioRes hotel to be four stories located at 605 Guilford College. It is set to include 124 rooms and 136 parking spaces. Rosemont Holdings is developing the hotel. Marriott StudioRes, a midscale, extended-stay hotel, first launched in 2023.</p>
<p data-beyondwords-marker="a83d9531-cf93-4c8b-838f-a574abe73e3a">Main Event, an entertainment concept that includes a restaurant, games and activities, will be located at 515 Guilford College Road. It will be one story, approximately 48,800 square feet, and include 294 parking spaces. A convenience store is also planned for the site.</p>
</div>
<p><br />
<br /><a href="https://www.connectcre.com/stories/hotel-main-event-adjoining-greensboro-top-golf/">Source link </a></p>
<p>The post <a href="https://vrjproperties.com/hotel-main-event-adjoining-greensboro-top-golf/">Hotel, Main Event Adjoining Greensboro Top Golf</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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		<title>Gwinnett Co Golf Course Hits Market</title>
		<link>https://vrjproperties.com/gwinnett-co-golf-course-hits-market/</link>
		
		<dc:creator><![CDATA[VRJwebmaster]]></dc:creator>
		<pubDate>Thu, 08 Feb 2024 14:21:53 +0000</pubDate>
				<category><![CDATA[Retail]]></category>
		<category><![CDATA[commercial real estate]]></category>
		<category><![CDATA[Golf]]></category>
		<category><![CDATA[Gwinnett]]></category>
		<category><![CDATA[Hits]]></category>
		<category><![CDATA[Market]]></category>
		<category><![CDATA[real estate]]></category>
		<guid isPermaLink="false">https://vrjproperties.com/gwinnett-co-golf-course-hits-market/</guid>

					<description><![CDATA[<p>While golf experienced a shot in the arm during the Covid pandemic, several clubs are facing the reality of the need to renovate their dated facilities. The Country Club of Gwinnett is scheduled to be sold at an online auction...</p>
<p>The post <a href="https://vrjproperties.com/gwinnett-co-golf-course-hits-market/">Gwinnett Co Golf Course Hits Market</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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<p data-beyondwords-marker="4e7b8a54-6f0c-479c-b4ae-efa706f0b60d">While golf experienced a shot in the arm during the Covid pandemic, several clubs are facing the reality of the need to renovate their dated facilities. The Country Club of Gwinnett is scheduled to be sold at an online auction on March 20. Bidding is scheduled to begin March 18. The starting bid is $650,000, per the listing. </p>
<p data-beyondwords-marker="daf4fe6c-d9a1-4b7a-b1f3-895657eb10ec">The Atlanta Business Chronicle reports the Country Club of Gwinnett will be sold on the <strong>Ten-X Commercial</strong> online auction platform. Terence Vanek of Leisure Investment Properties Group is the listing agent for the property. </p>
<p data-beyondwords-marker="536ba5d3-fd47-4183-9baf-67a779a07d35">The semi-private course, which covers more than 180 acres, has a full-service golf shop and practice facilities, including a driving range, putting green and practice bunker. </p>
<p data-beyondwords-marker="df150bd8-3e88-455b-844f-4efb351c7055">Other amenities at the club include the Grille Room restaurant in the clubhouse and a banquet facility that can accommodate up to 100 people for business and private events.</p>
<p data-beyondwords-marker="9ef82e7c-c32a-4d7c-b98a-d1f962bd7c0e"><em>(Correction—The original story incorrectly stated that the course was closing. The course is open for business.)</em></p>
</div>
<p><br />
<br /><a href="https://www.connectcre.com/stories/gwinnett-co-golf-course-hits-market/">Source link </a></p>
<p>The post <a href="https://vrjproperties.com/gwinnett-co-golf-course-hits-market/">Gwinnett Co Golf Course Hits Market</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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		<title>Amenities Like &#8216;Free Golf For Life&#8217; Make This The Fastest-Growing Place In America</title>
		<link>https://vrjproperties.com/amenities-like-free-golf-for-life-make-this-the-fastest-growing-place-in-america/</link>
		
		<dc:creator><![CDATA[VRJwebmaster]]></dc:creator>
		<pubDate>Mon, 16 Aug 2021 21:54:03 +0000</pubDate>
				<category><![CDATA[BTR]]></category>
		<category><![CDATA[Medical]]></category>
		<category><![CDATA[Multifamily]]></category>
		<category><![CDATA[Amenities]]></category>
		<category><![CDATA[America]]></category>
		<category><![CDATA[commercial real estate]]></category>
		<category><![CDATA[FastestGrowing]]></category>
		<category><![CDATA[Free]]></category>
		<category><![CDATA[Golf]]></category>
		<category><![CDATA[Life]]></category>
		<category><![CDATA[Place]]></category>
		<category><![CDATA[real estate]]></category>
		<guid isPermaLink="false">https://vrjproperties.com/amenities-like-free-golf-for-life-make-this-the-fastest-growing-place-in-america/</guid>

					<description><![CDATA[<p>All during the coronavirus pandemic, the narrative has been that Sun Belt cities have been growing, but the area with the largest population growth in the nation isn&#8217;t Miami, Atlanta or Charlotte, North Carolina. Census data released last week revealed that...</p>
<p>The post <a href="https://vrjproperties.com/amenities-like-free-golf-for-life-make-this-the-fastest-growing-place-in-america/">Amenities Like &#8216;Free Golf For Life&#8217; Make This The Fastest-Growing Place In America</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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<p>All during the coronavirus pandemic, the narrative has been that <a href="https://www.businessinsider.com/moving-new-york-growing-silicon-valley-shrinking-postal-service-jefferies-2021-7" target="_blank" rel="noopener">Sun Belt cities have been growing</a>, but the area with the largest population growth in the nation isn&#8217;t Miami, Atlanta or Charlotte, North Carolina.</p>
<p><a href="https://www.census.gov/quickfacts/fact/table/thevillagescdpflorida,US" target="_blank" rel="noopener">Census data</a> released last week revealed that The Villages, a retirement haven in Central Florida that spills across 32 square miles in three counties, was the <a href="https://www.nytimes.com/live/2021/08/12/us/census-results-data#the-villages-census-florida-population" target="_blank" rel="noopener">fastest-growing metropolitan area</a> over the past decade. The population jumped 38.9% between 2010 and 2020, from about 93,000 residents to about 130,000. </p>
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<picture><source data-srcset="https://cdn.bisnow.net/fit?height=440&amp;type=webp&amp;url=https%3A%2F%2Fs3.amazonaws.com%2Fcdn.bisnow.net%2Fcontent%2Fimages%2F2021%2F08%2F611ade942e028-the-villages.jpeg&amp;width=660&amp;sign=sI3-nWZZ8HB1CC0kCek4nk5MyorshrBboHsIMkEWxHw 1x,&#10;                            https://cdn.bisnow.net/fit?height=880&amp;type=webp&amp;url=https%3A%2F%2Fs3.amazonaws.com%2Fcdn.bisnow.net%2Fcontent%2Fimages%2F2021%2F08%2F611ade942e028-the-villages.jpeg&amp;width=1320&amp;sign=FSYArEMr8MTx-NhPRPEiudIZK0YGv_zEsGLP6moftwI 2x" type="image/webp"/><source data-srcset="https://cdn.bisnow.net/fit?height=440&amp;type=jpeg&amp;url=https%3A%2F%2Fs3.amazonaws.com%2Fcdn.bisnow.net%2Fcontent%2Fimages%2F2021%2F08%2F611ade942e028-the-villages.jpeg&amp;width=660&amp;sign=VH7yB5UDScF5Lx5V_Tf0YzP1rib7iyouDl4RtXlCE-c 1x,&#10;                            https://cdn.bisnow.net/fit?height=880&amp;type=jpeg&amp;url=https%3A%2F%2Fs3.amazonaws.com%2Fcdn.bisnow.net%2Fcontent%2Fimages%2F2021%2F08%2F611ade942e028-the-villages.jpeg&amp;width=1320&amp;sign=W3hfEB2Az5emL7Zz9Fk32Wnc6p0bb0If8tw5KuPMTH8 2x"/></picture>
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<p>
      <span>A typical suburban street in The Villages</span>
    </p>
<p>The Villages’ roots go back to the 1960s, when a Michigan developer, Harold Schwartz, sold land tracts via snail mail. He and a business partner, Al Tarrson, then developed their holdings as a mobile home park before seizing on the realization that amenities could really boost sales. They let seniors see their retirement years as a life stage full of fun and friends rather than one of decline.</p>
<p>Led largely by Schwartz&#8217;s son, <a href="https://www.nytimes.com/2014/11/11/us/h-gary-morse-who-built-mecca-for-retirees-is-dead-at-77.html" target="_blank" rel="noopener">H. Gary Morse,</a> The Villages bought up land voraciously, built golf courses and offered “free golf for life.” The tagline still sticks today. A promotional site for the development says that for a $164-per-month amenity fee, residents get membership to multiple country clubs and free golf on 54 courses.</p>
<p>There is live entertainment every night of the year at three performing arts centers, three town squares and three movie theaters. There are also individual and competitive sports (including more than 100 pickleball courts), arts and crafts, music and theater, reading clubs and science activities — some 2,700 activities altogether. It has a fire department and hospital but relies on municipal police. </p>
<p>The Villages is still largely controlled by Morse&#8217;s descendants, as are a TV station, a radio station and a newspaper, <a href="https://www.thevillagesdailysun.com/news/villages/the-continuing-rise-of-floridas-friendliest-hometown/article_20001c4c-fd73-11eb-8171-7f19dec824fa.html" target="_blank" rel="noopener">The Villages Daily Sun</a>. As a census-designated place, the Villages is an unincorporated community that lacks a legally defined boundary and a typical governmental structure. It is controlled by <a href="https://www.districtgov.org/faq.aspx" target="_blank" rel="noopener">Community Development Districts</a> that have boards of supervisors. Residences are for ages 55 and up. Visitors age 1 and up must carry ID cards when visiting, and guests under 18 can&#8217;t stay more than 30 days in a row. </p>
<p>Census data says 81.6% of the population is over age 65 and 98% of residents are White. The Villages is influential in elections and is considered a Republican stronghold. </p>
<p>A <a href="https://www.nytimes.com/2020/11/19/universal/introducing-some-kind-of-heaven-a-film-from-the-times-and-magnolia-pictures.html">New York Times short documentary</a> produced this year showed a glimpse of life inside the “senior utopia.” Morse’s son explained how it had been founded “in the middle of nowhere” and that its organizing principle was that it had to be connected by golf carts. The film also showed how the development encroaches on neighboring properties and how sinkholes have been prompting some homeowners to move.</p>
<p>An independent news site competing with the Daily Sun, Villages-News.com, offers a glimpse at the dark side of the Villages — like families <a href="https://www.villages-news.com/2021/08/15/couple-in-the-villages-fined-150-over-yard-ornament/" target="_blank" rel="noopener">getting fined $150</a> for a yard ornament or Homeowners Associations officials’ conundrum over <a href="https://www.villages-news.com/2021/07/09/hoa-official-worried-about-urns-of-ashes-of-dead-owners-in-abandoned-home/" target="_blank" rel="noopener">what to do with urns</a> containing ashes of deceased homeowners. The site also illuminates development pressures, like out-of-state firms buying up multifamily complexes nearby and residents’ battles over <a href="https://www.villages-news.com/2021/02/17/lady-lake-turns-down-spanish-springs-apartments-in-3-2-vote/" target="_blank" rel="noopener">whether apartments should be allowed.</a> Census data indicates that 95.9% of homes in The Villages are owner-occupied.</p>
<p>According to The Villages Daily Sun, the area’s boom is expected to continue for the next two decades. The paper cited estimates from the state&#8217;s Bureau of Economic and Business Research showing that Sumter County, in which much of the Villages is located, now has about 168,000 residents, but that figure could climb to 190,000 in 2030 and 224,000 by 2040.</p>
<p><strong>CORRECTION, AUG. 24, 11:15 A.M. ET:</strong> <em>An earlier version of this story misstated the size of The Villages. The story has been updated. </em></p>
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<p><br />
<br /><a href="https://www.bisnow.com/south-florida/news/commercial-real-estate/the-villages-florida-census-109886">Source link </a></p>
<p>The post <a href="https://vrjproperties.com/amenities-like-free-golf-for-life-make-this-the-fastest-growing-place-in-america/">Amenities Like &#8216;Free Golf For Life&#8217; Make This The Fastest-Growing Place In America</a> appeared first on <a href="https://vrjproperties.com">VRJ Properties</a>.</p>
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