Full TGIF Record # 81876
Item 1 of 1
Publication Type:
i
Professional
Author(s):Blais, Peter
Author Affiliation:Freelance writer, media relations consultant, North Yarmouth, Maine
Title:Golf slowdown?
Source:Urban Land. August 2002, p. 78-79, 81-83.
# of Pages:5
Publishing Information:Washington, DC: The Urban Land Institute
Keywords:TIC Keywords: Economic impacts; Golf industry; Golf industry trends; Golf course development; Golf courses; Golf demand
Abstract/Contents:States that "the weak economy, September 11 terrorist attacks, and an oversupply of golf facilities have combined to slow new course development at East Coast resorts." Discusses development on the South Shore area, between Boston and Cape Cod, which has been growing over the past few years, but in those cases, "they were underway in terms of permits and financing while the economy was still strong." States that in Atlantic City, NJ during the mid 90s was booming with golf course development. Explains that developers are now turning their sights toward building new hotel rooms and shopping facilities. Discusses how courses have recently seen a slowdown, with development outpacing demand. Describes how the events of September 11 have slowed talk of developing the areas near little-used Ft. Story. States that "as is the case in much of the rest of the country, golf development at East Coast resorts has slowed while these areas absorb the many courses built during the high-flying 1990s. Highlights individual towns like Cape Cod, Mass., Ocean City, Maryland, Virginia Beach, Virginia, Williamsburg, Virginia, and Myrtle Beach and Hilton Head, South Carolina and how each has dealt with the golf and economy slump.
Language:English
References:0
Note:Pictures, color
ASA/CSSA/SSSA Citation (Crop Science-Like - may be incomplete):
Blais, P. 2002. Golf slowdown?. Urban Land. p. 78-79, 81-83.
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