The uber-wealthy are still buying homes on luxury golf course developments, but the rest of the market is hurting as courses close and projects stall around the world.
"The last few months have seen the demise of at least two high-profile projects. One was a projected $70 million corporate golf club called The Presidential in Dulles, Va. Partially open since April, the club was reasonably on schedule in its quest for 150 corporate memberships at $60,000 a year, according to a former consultant to the club. But financing problems, at least partially related to the home-mortgage crisis, forced The Presidential to close in September."
"New residential golf developments in the U.S. are few and far between, leading to a net standstill in golf-course openings generally. More courses closed than opened in both 2006 and 2007, according to the National Golf Foundation, a sharp contrast to the course-building boom that started in the 1990s."
FULL STORY: Golf's New Landscape

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Chicago’s Ghost Rails
Just beneath the surface of the modern city lie the remnants of its expansive early 20th-century streetcar system.

Amtrak Cutting Jobs, Funding to High-Speed Rail
The agency plans to cut 10 percent of its workforce and has confirmed it will not fund new high-speed rail projects.

Ohio Forces Data Centers to Prepay for Power
Utilities are calling on states to hold data center operators responsible for new energy demands to prevent leaving consumers on the hook for their bills.

MARTA CEO Steps Down Amid Citizenship Concerns
MARTA’s board announced Thursday that its chief, who is from Canada, is resigning due to questions about his immigration status.

Silicon Valley ‘Bike Superhighway’ Awarded $14M State Grant
A Caltrans grant brings the 10-mile Central Bikeway project connecting Santa Clara and East San Jose closer to fruition.
Urban Design for Planners 1: Software Tools
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