Valley Club to get another nine
Fazio designed course planned
The Valley Club of Hailey is planning to
build a nine-hole, Tom Fazio-designed golf course addition to its existing
18-hole, Hale Irwin-designed private country club course.
The $8 million course expansion has been
made possible by the sale of 26 acres of the West Nine property to local
developer and builder Henry W. Dean, according to a Valley Club press release
July 12.
"I’d like to get the shovel in the ground
as soon as the snow is melted," said Dean. Dean hopes the new addition will
begin building in early 2005.
Construction awaits approval from the
Blaine County on the Valley Club’s entitlements to build on the land.
The land deal is also a major real estate
boon to the south valley. Dean’s plans include as many as 48 private residences
as well as 12 community housing units along Buttercup Road. Ketchum architect
Jim Ruscitto has jumped aboard the project as home designer.
Valley Club members will have the
exclusive right to reserve residences through Aug. 15, after which the homes
will be made available to the general buying public. Transactions will be
handled by Classic Realty’s Linda Badell.
According to the press release, over half
of the 2,850-square-foot to 4,200-square-foot homes, priced at $1.7 million to
$2.3 million, have already been reserved by club members.
West Nine committee chairman Doug Rhymes
said the new course will benefit local home owners and members.
"We anticipate a very positive impact on
the value of Valley Club membership and the surrounding home site," said Rhymes.
The Valley Club, which calls itself Sun
Valley’s only private golf club, opened in 1996. Membership is by invitation
only. Currently, social memberships sell for $40,000 and full memberships sell
for $60,000.