May 23, 2012

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Length isn’t everything at Tsawwassen Springs

New course – totalling 5,400 yards but still a par 70 – features plenty of  water, and places a premium on shotmaking

Michael Bublé is a minority owner of the Tsawwassen Springs development.
Photograph by: Ian Smith, PNG , Vancouver Sun

Hybrid golf clubs have become extremely popular in recent years and golf  architect Ted Locke likes to think there’s a market for what he calls a hybrid  course.

That’s how Locke describes Tsawwassen Springs, a new course he designed on  the site of the former Tsawwassen Golf Club.

Tsawwassen Springs, which is scheduled to open this July, is not an executive layout, but it’s not what you would call a full-length championship course either.

From the tips, the par-70 track will measure about 5,400 yards and offer a  mix of four par 5s, six par 3s and eight par 4s.

“I’d have to say it’s pretty unique because it’s a shorter-yardage layout,”  says the Vancouver-based Locke, whose local work includes Redwoods in Langley  and North Belling-ham in Washington state.

“It will play between 5,300 and 5,400 yards. It’s a par-70, though, so that  makes it different right away. The best way to describe it is as kind of a  hybrid course. The par 4s are a bit on the short side, but the par 3s and 5s  have a lot of variety.

“There’s a lot of open space and there are some areas with trees, so when you  move from one area of the course to another, it’s changed. I think it adds to a  more adventurous linkage of 18 holes. It’s interesting that way. There’s a  little bit of length, a little bit of traditional, a little bit of target  golf.”

In an era when the majority of newer courses are measuring as much as 7,500  yards or even longer, Locke thinks Tsawwassen Springs might just be a welcome  change for many golfers.

“I think it will appeal to everybody,” he says. “The better player has to  take a more benevolent approach to it, where if they try to blast one out and  hit big tee shots it’s not going to fit well. I’d like to see the better players  just hit hybrids off the tees, on the par 4s and 5s, and then have some good  shots into the greens.

“For the kids we’ve got some really short tees where they can play it for the  appropriate length for the type of tee shots they are going to hit and for  seniors it’s an easy walking course and lends itself to their kind of touch and  feel around the greens.”

Locke isn’t big on signature holes, although he acknowledges the par five  18th hole could well become regarded as one at Tsawwassen Springs. Course owner  Ron Toigo told Locke he wanted a dramatic finishing hole.

“Ron really wanted to have a dramatic finish, so there’s a semi-island green,  kind of a peninsula green, so that might be one that people will talk about  more,” he says.

There’s also lots more water on the course.

What Locke calls “a serpentine channel” winds its way through much of the  course and there are 10 other ponds located on the property.

Toigo’s Shato Holdings Ltd. is the majority owner of Tsawwassen Springs, but  the likes of former Canucks player and coach Pat Quinn, singer Michael Bublé and  entertainment agent Bruce Allen also have stakes in the development.

Tsawwassen Springs is more than just a golf course.

It’s a residential community that one day will include nearly 300 condos and  200 houses spread over the 55-hectare site.

“You can drive your golf cart right into your garage,” says head professional  Murray Poje.

A 35,000-square-foot club-house is planned that will include a sports bar  overlooking the 18th green.

Eleven holes were seeded last fall and the remainder of the course will be  seeded this spring.

“We have all the greens done, just the fairways and tees to do on seven  holes,” Locke says.

“We should be open some-time in July.”

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December 10, 2011

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Par for this course: Residential golf development bucks trend and expands

Tsawwassen Springs’ Metro Vancouver location is proving to be a key factor in its success as many other residential golf developments elsewhere in the province struggle to survive

Unlike many troubled golf resort developments that have stumbled into creditor protection or receivership in recent years, Tsawwassen Springs is poised for rapid expansion.

Developer Ron Toigo believes the main di!erence between his resort development – projected to be a $400 million, 490-home golf resort and residential neighbourhood by 2016 – and those that have floundered is that it’s in Metro Vancouver.

Toigo also opted to have local architect Ted Locke design the golf course rather than pay many times that cost to have a golf legend design it.

“It’s a minimum of $1 million to get [a golf legend to build] a signature golf course,” Toigo said, “and, really, it doesn’t change the golf course one bit.”

B.C.’s highest pro*le residential resort golf course +op involved Bear Mountain Master Partnership (BMMP). 1e developer was forced into creditor protection when HSBC Bank Canada attempted to recoup $250 million in loans, which resulted in 2010’s largest real estate transaction involving B.C. companies.

BMMP’s Bear Mountain Resort on Vancouver Island has two golf courses designed by Jack Nicklaus.

Other troubled B.C. resort developments include:

Vancouver Island’s Wyndansea, where developers had intended to have a Jack Nicklaus-designed golf course but instead saw the project slip into receivership in the summer of 2008; the Cli!s Over Maple Bay, which was expected to have a Greg Norman-designed golf course but instead sought creditor protection and eventually fell into receivership in late 2008; and the Okanagan’s the Rise, where developers built a golf course designed by Fred Couples before the project was placed in creditor protection in late &$$3. Plans for a Nick Faldo-designed golf course at the Revelstoke Mountain Resort (RMR) never got o! the ground. 1e project is now mired in a lawsuit that Nick Faldo Designs *led against RMR for unpaid bills. Toigo, who also owns the Western Hockey League’s Vancouver Giants, has dreamed of creating a Lower Mainland-based residential golf resort for decades. The challenge was finding a large enough property in the right location.

In the early 1980s, Toigo started buying prime farmland outside the agricultural land reserve (ALR). He then negotiated a complex set of land swaps that moved 170 acres of farmland into the ALR in exchange for removing about 30 acres not suitable for farming from the ALR and turning it into the Tsawwassen Springs development.

“The golf course would never be farmed,” Toigo said. “It wasn’t good soil or a good location.”

He also brought in high profile co-investors: crooner Michael Buble; talent manager Bruce Allen and; former Vancouver Canucks coach and general manager Pat Quinn.

1at consortium has thus far pumped nearly $100 million into the project to build roads, amenities and the 22 condominiums in a four-storey wood-frame structure that sold out in the project’s first phase.

Toigo said an additional 53 homes and 93 condominiums in second phase are slated to be complete by spring 2013 and will increase the developers’ costs to $160 million.

Presales for the homes have already launched.

“We’re only pre-selling 20 of the single-family homes,” Toigo said. “We’ll sell the others when they’re complete. We’d prefer not to do any presales, but with the banking system being what it is, the bank requires it.”

Toigo added that presales for the condos started about a month ago. He said 27 of the 50 earmarked for presale have been bought.

Toigo pointed out that most buyers have lived in Metro Vancouver much of their lives and appreciate that Tsawwassen can be a 30 minute drive from downtown and a 15 minute drive from Richmond.

– Business In Vancouver

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