Partnership of Willem Willemstien and Chris van der Velde acquire 58 lots within Tetherow community
(BEND, OREGON) – The owners of the award-winning Tetherow Golf Club made a significant investment into the surrounding community with a recent acquisition of 58 custom home sites within Tetherow’s “Glen” neighborhood. These custom home sites were purchased from Proterra Bend 1, LLC by Tetherow Glen 58, LLC, a division of Velocity US Properties Inc. Velocity US Properties Inc., is headed by the same joint venture partnership of Willem Willemstein and Bend-based Chris van der Velde who acquired Tetherow Golf Club back in March of 2009.
“We are extremely pleased to finalize the acquisition of these special custom properties,” stated Chris van der Velde. “These lots are some of the most private custom homesites within Tetherow. We plan on getting to work very quickly to build three northwest urban style homes that should be available by spring of 2011,” added van der Velde.
Since 2007, the Netherlands based Velocity Capital Group has made several investments in US real estate, especially in Oregon. Chris van der Velde, a central Oregon resident and dual citizen of The Netherlands and the United States, is one of the Velocity Capital Group’s directors. Before getting into the development business van der Velde was a highly accomplished professional golfer and instructor. He was an exempt member of the European Tour (from 1989 through 1993 and 1998) and is also a class A PGA Member of both the British P.G.A. and the P.G.A of America.
The custom home sites within the Glen neighborhood are premium 1/3 acre lots featuring Ponderosa wooded lots or stunning golf course views. The afore mentioned custom homes being developed will be constructed in concert with the Earth Advantage Community Certification Program created to certify sustainable development while enhancing the natural systems on and around the community. The model homes will include three to four bedroom floor plans designed with “Northwest urban-inspired” architectural features, including creative uses of natural materials, and integration of improvements that protect the integrity of the landscape and surrounding community. Custom home pricing within the Glen neighborhood will range from $500,000 to $795,000.
Tetherow Golf Club, designed by award-winning architect David McLay Kidd who designed Bandon Dunes, boasts a visually striking par-72 layout. The routing takes full advantage of the panoramic views of the Cascade peaks and the rugged high desert terrain. In its short history, Tetherow has been honored by nearly every major golf publication. Upon opening, Tetherow was ranked #1 as the Best New Course You Can Play in The Country by Golf Magazine and has since then received numerous other “Best New” Rankings from Golf Digest, Links Magazine, Golfweek, T&L Golf and the Robb Report. Tetherow was also honored for environmental stewardship and became the first course in Oregon to become a Certified Audubon International Signature Sanctuary, by the Audubon International. The club boasts an 18,000 square foot clubhouse that features a well appointed golf shop, restaurant, and patios with views of the golf course and surrounding Deschutes National Forest. Other amenities include a complete practice facility, expansive practice putting greens and short game learning center. Tetherow is just minutes from the vibrant restaurants, cafes and culture of downtown Bend, and is situated in close vicinity to Mt. Bachelor Ski Resort, miles of hiking and biking trails, world class fly fishing, white water rafting on the “the Deschutes”, and more. Upon completion, the 700-acre golf community will offer elegant lodge homes, townhomes and cabins, as well as the Tetherow Golf Academy and a host of other exciting amenities. For more information on the Tetherow community, visit tetherow.com or call toll free at: 866 -234-4848.
For tee times or more information on Tetherow Golf Club, email golf@tetherow.com, call: 541-388 CLUB (2582) or visit www.tetherow.com
Tetherow Golf Club is professionally managed by OB Sports Golf Management. Prior to opening, OB Sports managed the construction, grow in and pre-marketing of the club. OB Sports is a diversified, golf-oriented company with a long history of success who currently manages 36 premier golf courses and country clubs throughout the United States. Known for its comprehensive and personalized services since 1972, OB Sports has become widely acclaimed as the leader in boutique-style golf course management. For more information on OB Sports, visit www.obsports.com
Contact:
Stacy Pickavance
stacyp@tetherow.com
(541) 639-1433
Martin Chuck (Tetherow)
mchuck@tetherow.com
(541) 388-2582
