Sunday, April 03, 2005

Hal Sutton Building Exclusive Club Near Fredericksburg

An exclusive, expensive equity club called Boot Ranch is being planned near Fredericksburg, and the person planning it is Hal Sutton.

Sutton, a Louisiana native, owns a ranch near Junction, so he'll be on familiar ground, in one sense, in Fredericksburg. The club is planned outside of town, just off FM 965. The plan, according to the San Antonio Express-News, calls for between 60-70 homes on sites starting at 3 acres. The acreage is expected to cost more than $300,000 for three acres, while finished homes are expected to go for $750,000 and up.

The golf club itself will be an equity club, meaning its members will own it. Membership is expected to start at $150,000, with monthly dues expected to start at $1,000. What Sutton is building is a club less for full-time residents than for professional golf club joiners - those filthy rich people who join clubs for the status, but visit rarely. If you've got the money, do with it what you want, I suppose.

The project is behind schedule and has run into some funding issues because of a dispute taking place between the state of Louisiana and one of the project's investors, the Municipal Police Officers Retirement Association.

The full story can be read here (registration required).

2 comments:

  1. Anonymous6:01 PM

    Sutton should be ashmaed of himself! That area has a hard enough time with water. They don't need to be building playpens for rich babies and wasting the resources that the "regular folks" need to get by.

    ReplyDelete
  2. Anonymous1:20 PM

    I will be VERY surprised if the whole project is actually completed anytime within the next few years if at all. Fredericksburg already has a gorgeous golf course. Beautiful homes as well. It is a shame to see more land tampered with in the name of money. I may not be an "environmentalist" but I do respect God's creation.

    ReplyDelete

Please refrain from using profanity or insulting other commenters your comments. Use common sense; in other words: Play nice! Thanks.