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Sales are Breaking Records in Old Palm Golf Club
Palm Beach Gardens, FL (PRWEB) August 23, 2011
With 15 new homes under construction in three neighborhoods at Old Palm Golf Club, the luxury gated community in Palm Beach Gardens is leading the way in upscale living in the northern Palm Beaches.
Since the community secured new ownership, Old Palm has had 30 sales transactions totaling more than $ 65 million, with additional sales pending.
The uptick in sales activity and interest in the community that surrounds a Raymond Floyd-designed golf course has increased the number of independent luxury builders who are continuing to make their mark at Old Palm Golf Club. These builders include Casto Homes, Courchene Development Corporation, Couture Lifestyles, Dreamstar Custom Homes, Hasey Construction, and Mustapick Estate Homes, who are either building new multi-million dollar residents’ homes or model and spec homes. The building activity spans the Golf Estates, Grand Estates and Custom Estates neighborhoods.
Hasey Construction’s two new model homes are nearing completion, while Courchene Development Corporation, Mustapick Estate Homes and Couture Lifestyles have new residences underway. This fall Old Palm Golf Club is expecting 6 new model homes to open.
In addition to the personalized custom-built homes on one acre in the Custom Estates neighborhood, buyers are finding they can put their personal touches on homes in the Golf Estates and Grand Estates neighborhoods, since each of the builders have the experience in creating custom homes.
With a maximum of 330 equity memberships available, Old Palm Golf Club allows for comfortable access to the golf course and its available caddie program; a Clubhouse with three different dining experiences; spacious men’s and women’s locker rooms with private lounges, spa treatment suites, steam rooms, media centers and dining services; a fitness Center with state-of-the-art exercise equipment, two private training studios for personal instruction, and another studio for aerobics, Yoga and Pilates classes; a resort-style pool; and a 33-acre Golf Learning Studio where members may improve their game using both technology, a double-ended practice range and three full-length practice holes a Par 3, Par 4 and Par 5 which replicate the course. Old Palm’s Concierge program is a perfect complement to an already ultimate golf and Club experience; providing members with personal attention to meet their needs.
Old Palm Golf Club is a luxurious golf club community with a highly regarded reputation and a superb location in Palm Beach Gardens, Florida. The private community is located near fine dining, world-class shopping, cultural attractions and pristine beaches. In addition, northern Palm Beach County is one of the newest biotech research centers in the country, bringing intellectual and scientific lectures and seminars to residents of the area.
In 2010, a group led by Clarion Development Ventures III acquired Old Palm Golf Club. Clarion Development Ventures is a real estate development fund with approximately $ 200 million in equity capital controlled by Clarion Partners, leading U.S. real estate investment managers. This acquisition further strengthened Old Palm Golf Club’s sound financial security and stability and ensures that Old Palm will remain the most exclusive and privileged Club of its kind in South Florida for generations to come.
For more information about Old Palm Golf Club, visit http://www.OldPalmGolfClub.com
To request an interview please contact Mary Kay Willson at 561-252-6023 or email marykay(at)mkmarketinggroup(dot)com.
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