Word: blixseth
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...iconic building behind the 18th green, Wasserman Real Estate Capital, based in Providence, R.I., is selling 23 serviced apartments for $10 million to $16 million apiece in a project it calls St. Andrews Grand. And on a bluff overlooking the town, billionaire developer Tim Blixseth is planning a course that will form part of an opulent time-share program, Yellowstone Club World, that gives members access, via a fleet of three private jets, to nine sites around the world, including St. Andrews. Membership starts at $3 million. The town's existing North American--owned luxury hotels--Kohler...
...Course's history, but its occupants, because they are not full-time residents, will not have discounted or privileged access to the Old Course (nor will Yellowstone members). Instead, Wasserman is negotiating access to other, lower-profile courses in the area. Work has not yet begun on Blixseth's property, in part because of legal wrangling, but his developer insists the project will go ahead...
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