Tiger's dream course

Sure, he can master any course in the world. But can he design one? Tiger Woods takes us on a tour of his first U.S. project, the Cliffs near Asheville, N.C.

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
ByJessica Shambora, reporter

tiger_woods.03.jpg
Woods has courses underway in Dubai, North Carolina, and Baja, Mexico (pictured).
chart_14th_hole.gif

(Fortune Magazine) -- From the helicopter, a blanket of trees spreads out below me, and in the distance, the town of Asheville is barely visible. The chopper banks right, and out the window I can see that swaths of foliage have been cut away to form serpentine shapes, barely identifiable as fairways from 1,000 feet above.

We're touring the site that Tiger Woods has chosen to design his first U.S. course, part of a tony development called the Cliffs at High Carolina. My fellow passengers are two couples from Houston, both prospective Cliffs members and Tiger fanatics. "Did you bring Tiger in today?" one well-dressed gentleman eagerly asks our pilot. "Where did he sit?" The pilot points my way, and one of the women glares at me with envy. "You lucky girl."

Clearly, the man has fans, and not just the second-home-buying variety. "For the last ten years all of us have been trying to figure out how to build a golf course that's interesting for him and not impossible for everyone else," says Tom Doak, the architect behind the esteemed Pacific Dunes in Bandon, Ore.

Now Tiger's taken matters into his own hands, using an eight-month hiatus from professional golf (after nursing a reconstructed ACL, he plans to play his first tournament in late February) to fully launch his course-design business. He has projects underway in Dubai and Mexico, and his North Carolina course is scheduled to open in the spring of 2011. "I'm very curious to see what he does as an architect," adds Doak. "He's not only a great player, he's the most creative player we've seen in a long time."

In an interview near the Cliffs site, Woods insists he's not entering the course- design business merely to torture lesser players. "It's not about how I play the game - it's about making it playable for everyone else. I want everyone to enjoy it, whatever their skill level."

That said, Woods himself seems to still be in the early stages of defining his approach. "Links golf is certainly important to my design philosophy - utilizing the ground as a friend," he says. "Not every player can hit the ball high with spin, so I want to give them the opportunity to run the ball up on the green."

Even in this economy, there seems to be pent-up demand for anything associated with Tiger, at least among the group that assembled in North Carolina recently to see Woods introduce the Cliffs course. Prospective homebuyers noshed on a decadent spread and elbowed their way to the front when word got out that Woods' appearance was imminent.

During Tiger's brief talk, the well-heeled audience hung on every word and seemed smitten with his proficient use of the term "y'all." The Cliffs sold 40 lots that day - for $40 million in total.

That must have cheered the developers behind the project: Tiger is rumored to have commanded up to $25 million per project (by comparison, Doak's firm makes $1-million plus on some projects).

There's no question the course, which will only be open to Cliffs homeowners who pay a golf initiation fee of $150,000 for access to eight courses, will be visually stunning. It will measure 7,500 yards from the tips, climbing up and down the ridge with an elevation change of 200 feet. The views of the surrounding mountains are sublime, particularly from the tee of No. 14, a driveable par-4. Says Tiger: "I like that one hole out there that says 'Should I or shouldn't I go for it?'"  To top of page

CompanyPrice% Change
YRC Worldwide Inc 1.03 -9.65%
Gannett Co Inc 15.44 7.15%
Chiquita Brands International Inc 17.78 6.34%
Micron Technology Inc 9.93 5.53%
Dec 23 3:53pm ET †
IndexLast% Change
Dow Jones10,466.440.01%
Nasdaq2,269.640.75%
S&P 5001,120.590.23%
10yr96 30/32Yield: 3.74%
Dec 23 †
CompanyPrice% Change
Micron Technology Inc 9.93 5.47%
eBay Inc 24.00 4.71%
Yahoo! Inc 16.61 3.96%
Electronic Arts Inc 17.72 3.81%
Dec 23 3:58pm ET †
More Galleries
Biggest losers: Where Americans aren't moving Through most of the decade Florida was one of the fastest growing states. But the sunny clime -- and 6 others -- lost more residents than they gained in the year ended July 1. More
8 hot cars: Class of 2000 In just 10 years, the market's changed a lot when it comes to cars. Where are these models now? The Prius became a hit; the Aztek got killed. More
Obama's Main Street favorites President Obama meets often with small business owners, peppering his speeches with their stories. We checked in with 6 entrepreneurs touted by the President to find out how they handle health care. More
Sponsors

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.