'Grand' work to begin

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'Grand' work to begin
« on: October 17, 2006, 19:33:07 »
Work to restore one of golf's most prominent landmarks to its former glory is due to start

Property and construction consultants, Thomas and Adamson, have been appointed to handle the procurement and cost management of the 'St Andrews Grand' development at the former Hamilton Hall university residence behind the 18th Green and 1st Tee of the Old Course.

The £23 million development is being flagged up as an exclusive club offering 23 luxury timeshare flats , leisure area, gym and spa, library and dining room.

Prices range from £750,000 to £1.9 million for nine weeks of the year.

One of the first people to become a founding member of 'St Andrews Grand' is current 'Masters' champion Phil Mickelson.

Developers Wasserman Real Estate Capital LLC, own stakes in more than 24 retail, residential and office properties around the world. Construction is due to commence this month with building set for completion in spring 2008.