Enhanced Real Estate Value
The global Nicklaus brand has proven appeal over five decades and can make the difference on the financial return and overall success of a project. In select cases, in various marketings around the world, the Nicklaus brand has been utilized to distinguish real estate and membership marketing such as Jack Nicklaus Golf Club Korea, Nicklaus Club Beijing, Golden Bear Reserve, and Bears Den Club to name a few.
Nicklaus Design has an unmatched track record of driving premium value in land and housing developments. Independent market research has shown that Nicklaus Design courses have outperformed courses by other name architects when evaluated by key factors such as membership fees, green fees, real estate value, home value, resale value, and velocity of sales.
Most of today’s golf courses serve as an amenity for residential projects and resort communities. Nicklaus Design courses have proven to provide developers with exceptional added value and marketing advantages. There is no question that Nicklaus brings greater value to our clients. Here are some examples.
Jack Nicklaus Golf Club Korea, South Korea
JNGC Korea was host to the 2015 Presidents Cup, welcoming over 100,000 spectators and was broadcasted to more than one billion homes.
In 2010, JNCG hosted the first full field PGA TOUR event in Asia. JNGC Korea is the highest-priced golf course in the country. In its first year, JNGC Korea sold 100 memberships, totaling $90 million in sales.
By the numbers: $35 billion master plan,100 million square feet, 65,000 permanent residents,22,500 new housing units, 40 million square feet of office space, 10 million square feet of retail space, 5 million square feet of hotel space Serengeti Golf and Wildlife Estate, South Africa. Since launching in May 2006, Serengeti has had a 100 percent sell-through rate on all four phases. The first phase sold out in two hours and each subsequent phase sold out in a weekend. Within 18 months, the average selling price increased by about 30%.
Cabo Del Sol, Mexico
In 1993, Nicklaus Design opened the first 18 hole golf course in the Los Cabos market. Prior to the opening, Los Cabos was a sleepy fishing town on the Baja California Peninsula with one 9 hole municipal layout that produced 5,000 rounds in 1992.Within eight years, Nicklaus Design opened three golf courses (63 holes in total) and the market produced over 220,000 rounds that year. With the 2014 opening of the award-winning Quivira, Nicklaus Design now has seven courses in Cabo.
Today, 2.7 million passengers pass through the Los Cabos International Airport each year. Los Cabos is the second fastest growing community in Mexico.
The Bear’s Club, Florida
All 35 founding memberships, the most expensive in the region, were finalized and sold out before the course opened.
The Bear’s Club is recognized by esteemed global publications, such as Travel & Leisure Golf, as one of the Top Golf Communities in the World.
The real estate surrounding The Bear’s Club is the most expensive,non-oceanfront in Palm Beach County.
We would love to bring your vision to life. Begin designing your course today.