(MOSELEY, Va.) – Magnolia Green – central Virginia’s premier multi-generational, active-lifestyle residential community – announces its 18-hole Magnolia Green Golf Club has been named one of North America’s 10 “Best New Courses” by Golf Digest.
A Nicklaus Design in association with Tom Clark, it first opened as nine-hole Westham Golf Club in 2010. iStar, developer of the master-planned Magnolia Green community, invested more than $3 million to build the final nine holes and unveil the full 18 this spring.
Nicklaus Senior Design Associate Chris Cochran oversaw design and construction of the final phase, expertly incorporating the area’s natural beauty with Bermuda grass fairways and bentgrass putting surfaces draped over undulating terrain.
“This recognition from Golf Digest is a fantastic tribute to the hard work of our entire team,” says Bobby Kidder, General Manager of Magnolia Green. “It’s a great way to cap off our first season as an 18-hole facility and an honor that will spur us on to even bigger and better things.”
For the first time since 2009, Golf Digest course ratings panelists were involved in the Best New selection process. Their comments included calling Magnolia Green the “best layout of any public course in Richmond” and lauding the “imagination of all the green complexes.” Course scores are based on seven criteria: shot values (receives double the weight of other categories), resistance to scoring, design variety, memorability, aesthetics, conditioning and ambience.
Managed by Billy Casper Golf, Magnolia Green Golf Club is enjoyable for players of all abilities and a cornerstone of Richmond’s best-selling residential development. Complementing the 18-hole course is a driving range with natural grass hitting stations, two practice putting greens and a short-game area. A $4.8 million, 15,500 sq. ft., craftsman-style golf clubhouse is slated to open in Spring 2017.
To date, iStar has invested nearly $50 million in the community with a second residential phase and $10 million amenity package – which will include the aforementioned clubhouse, an aquatics center, tennis facility and state-of-the-art golf practice area – scheduled to break ground in 2016.
About Magnolia Green
Located just southwest of Richmond, Va., Magnolia Green is the region’s best-selling community. It features a wide selection of townhomes, single-family and custom-built residences from just under $200,000 to $1 million. An array of parks, swimming pools, sports courts, playing fields and the farmers market at Magnolia Green create an all-inclusive lifestyle for active adults and families alike.
More information: www.magnoliagreen.com, www.magnoliagreengolfclub.com
About iStar
iStar (NYSE: STAR) is one of the largest investors in luxury condominium, multi-family and master-planned residential developments throughout the U.S., having financed and invested over $35 billion over the past two decades, with $10 billion in residential projects. The iStar portfolio has included interests in over 18,000 condominium units in the nation’s top markets and 65,000 acres in master-planned communities with potential for an estimated 50,000 single family and multi-family units. Taxed as a real estate investment trust (“REIT”), the company’s unique, cohesive platform extends from property entitlement and development to construction, bridge and long-term financing through asset servicing, property and portfolio management.
More information: http://istar.com/
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