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Renovations At The Pine Course At The Grand Club Making Seasoned Course New Again

November 14, 2006

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PALM COAST, Florida – At the Pine Course at The Grand Club in Palm Coast, Fla., residential developer LandMar Group, its affiliate, Hampton Golf Clubs Inc., and Palmer Course Design are nearing the final stages of a multi-million-dollar renovation project on its Arnold Palmer Signature Golf Course and clubhouse to align the facilities with the changes to the game. The course and clubhouse will reopen in mid-December of this year with a grand opening celebration.

"With the advent of new, more sophisticated technology and golf equipment, players today are driving the ball farther than ever," said Project Manager Chris Hill. "As changes to the way the game is played become prevalent, the courses on which players tee it up must also change with the times. When the renovations are complete, golfers who have been familiar with the course and enjoyed playing it, will recognize its character and integrity are the same – just improved."

Palmer Course Design is remodeling the 18-hole, 7,050-yard signature course originally designed by the golf course architecture firm in 1980. The company is adding 100-150 yards and four to five new tees, as well as lush landscaping and trees throughout the course to create a buffer from the local neighborhood roads. All of the greens have been redesigned, regrassed and many have been enlarged to create a larger target area; however, some lobes of the greens have been carefully situated adjacent to water features to accentuate the challenge of the Sunday pin. New sand bunkers are being added to the course to challenge the skilled player, and several of the existing bunkers are being reshaped and moved to accommodate players of varying skill levels. The design team is also adjusting the fairway lines to give the golfers added width in the fairways, which will aid in the pace and enjoyment of the game. According to Hill, the renovations to the Pine Course have been thoughtfully planned to accommodate both low and high handicap golfers.

"When we acquired the Pine Lakes course a little over two years ago, our vision was to take this enjoyable public golf course and enhance it by updating the course layout and making the experience more of a club atmosphere," said LandMar Regional Manager Jim Cullis. "We have seen a groundswell of support from the membership who will be delighted with the course and facilities when they reopen in January."

The Pine Course, along with the Matanzas Course and the Cypress Course, were acquired by LandMar Group in 2004 as part of the company’s innovative, comprehensive lifestyle concept, The Grand Club. The company and its affiliate Hampton Golf Inc. are doing extensive renovations to each of the courses and their facilities. Once renovations are complete, members of The Grand Club will enjoy world-class amenities and three fully renovated golf courses by Arnold Palmer and Gary Player. The structure of the club will also change to private membership and all facilities will be for the exclusive use of Grand Club members.

The Pine Course is located just two miles west of Interstate 95 off the main Palm Coast exit (Palm Coast Parkway). The Pine Course’s clubhouse will be the largest of the three new clubhouses and will serve as the main meeting and dining facility for Grand Club members.

LandMar has been a leading community developer since 1987, creating some of Florida’s best communities. Today, LandMar features a wide array of residential, commercial and mixed-use offerings throughout Florida and Georgia.

LandMar communities offer homesites, homes and condominiums in a wide range of prices and feature a wealth of amenities including signature golf courses by legendary players Jack Nicklaus, Arnold Palmer, Gary Player, Mark McCumber, Pete Dye, Davis Love III, Ben Crenshaw and Bill Coore.

The company’s vision is inspired by three primary building blocks: Creating unparalleled master planned communities and condominiums, offering premier club and amenity management with its affiliated company Hampton Golf, and supporting the efforts of its charitable organization, The Monique Burr Foundation for Children. For more information on LandMar, visit www.landmargroup.com.

Art:

Artistic renderings of the Pine Course dining room and lounge after the renovation. The Arnold Palmer Signature Golf Course at Pine Course.

Contact:
Roger F. Postlethwaite, Chief Operating Officer

Jim Doyle, Vice President of Marketing

LandMar Group, LLC

Phone: (904) 998-8300

Fax: (904) 998-9011

postlethwaite@landmargroup.com

jedoyle@landmargroup.com

www.landmargroup.com

Maxine McBride, President

Clockwork Marketing Services, Inc.

Phone: (904) 280-7960

Fax: (904) 280-2567

maxine@clockworkmarketing.com

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