Reflection Bay Is Coming Back
/Thanks to Pete Finch for summarizing the good news that one of the highest profiles casualties of the 2008 economic collapse is about to be resurrected.
Reflection Bay, the ambitious project outside of Las Vegas featuring courses by Nicklaus and Weiskopf courses, will see the Nicklaus design resurrected by year's end while the Weiskopf will be turned into housing.
From Arnold Knightly's report in the Las Vegas Review-Journal.
Raintree Investment Corp. acquired The Falls and a second golf course, Reflection Bay, in November for $6 million from the Texas-based financial firm Carmel Land & Cattle Co., which had acquired them after the original owner defaulted. Carmel turned the water off on the 375 acres in 2009, closed the courses and let most vegetation fall into disrepair.
Cody Winterton, a Raintree executive vice president, said the state of the golf courses was among the first questions that were asked by homeowners and businesses when the investment company arrived nearly two years ago.
“This 375 acres touches virtually everybody and every major piece of property in Lake Las Vegas,” Winterton said. “Whether you see it or border it, all of the homeowners and businesses are one way or another impacted.”
The Green Grass Project was born. With 375 acres in disrepair, Raintree immediately set about replacing or nursing back to their green state 150 acres across both courses. Also, 100 acres of neglected trees and bushes are being cleaned, and re-irrigated.