Word: projectable
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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...
...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...
...focal point of a boom in extravagant American-financed developments in Scotland. Seven are in the works, including a $500 million development in Aberdeenshire by Donald Trump, who claims, with characteristic Trumpian restraint, that he will build "the best golf course in the world." He told TIME that his project is not a follower of this trend but rather its cause: "I think I've done a lot to help put Scotland...
...When Tata first suggested an ultra-cheap car a few years ago, other manufacturers initially scoffed, saying the project was a pipe dream. But if Tata lures away even 10% of the 6.5 million Indians who buy motorbikes every year, not only will it have a hit on its hands, it will have expanded India's car market by more than half. Competitors aren't willing to cede that kind of market share without a fight. Carlos Ghosn, head of Renault-Nissan, recently announced that his company was looking at building a $3,000 car in India. Fiat, General Motors...
ULTIMATELY THE ACADEMY'S MOST important gift to its students is social, not academic. One of the main reasons Jan and Bob Davidson founded the school was to provide a nurturing social setting for the highly gifted. Through another project of theirs, the Davidson Institute for Talent Development, each year the Davidsons assist 1,200 highly gifted students around the U.S. who need help persuading their schools to let them skip a grade or who want to meet other kids like them. Often the kids are wasting away in average classes, something that drives Bob Davidson crazy: "I mean, that...