X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Double Diamond Resorts, a privately-held Dallas, TX-based developer, is hunting for 1,000-acre sites in nearby Charlotte areas to build two golf-oriented resorts at about $20 million each.

The company is also after unfinished properties such as Regent Park, the former Heritage USA project started by evangelists Jim and Tammy Baker. Besides Charlotte, Double Diamond is scouting sites in Birmingham, AL and Louisville, KY. The firm has a purchase contract in Ohio.

The Texas firm is going to have company in its land searches. At least six other national developers are bird-dogging the same areas for similar land acquisitions, according to Charlotte brokers familiar with golf course-oriented property developments.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.