December 8, 2009

Paradise Lost: Anguillan Golf Resort Broke and Out of Money

Temenos, an uber-luxury resort on the Caribbean island of Anguilla, has run out of money and now may never be built, according to the Wall Street Journal. A Greg Norman signature golf course, the island's first, was built as a centerpiece for the project, and opened in 2007.  It was to be surrounded by homes owned by the likes of Dan Brown (of 'Da Vinci Code' fame) and American Idol" creator Simon Fuller, among other notable celebrities, but now it is unclear as to the fate of their investments as well as the long-term viability of the golf course.

(Shoal Bay Beach photo by Charles Boyer, (c) 2008)

Anguilla is a flat, low-lying island of coral and limestone in the Lesser Antilles islands, and is immediately adjacent to the more-widely visited and well-known Saint Martin.  A protectorate of the British Government, Anguilla is a place that eschews cruise ships and mass tourism in favor of a quieter high-end resorts and villas.  It's also home to perhaps the most beautiful beach in all of North and South America, Shoal Bay Beach -- a regular fixture in lists of the World's Top 10 Beaches.  It's also the quiet playground of stars -- it's not all that rare to see a famous celebrity enjoying quite time from the spotlight.

1 comment:

  1. The over-supply is something that's going to have to be dealt with and it's going to be painful.


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