|By PR Newswire||
|August 5, 2014 01:11 PM EDT||
LAKE LAS VEGAS, Nev., Aug. 5, 2014 /PRNewswire-iReach/ -- Reflection Bay Golf Club at Lake Las Vegas will reopen in October 2014 after a complete restoration guided by Jack Nicklaus himself. The Golf Digest Top 100 course stood for more than a decade as a premier golf destination for weekend golfers and tour champions alike.
The first public Jack Nicklaus Signature Course in Nevada is poised to rise again as a true oasis in the heart of the Las Vegas desert. Majestic red rock mountain vistas surround the course, while each hole offers stunning views of a 320-acre lake, the focal point of Lake Las Vegas.
Reflection Bay is now under the ownership of Paulson & Co., which purchased the course — and nearly 1,000 additional acres of Lake Las Vegas land. The company's first order of business was rejuvenating Reflection Bay, the 7,184-yard, par-72 course. Century Golf Partners has taken the lead in the restoration.
"The revitalization of Reflection Bay is a significant step in the recovery of Lake Las Vegas as the luxury new home and resort destination in Henderson," said Patrick Parker, division president for Raintree Investment Corp., exclusive agent for Paulson & Co. "This fall, we are celebrating the restoration of Reflection Bay and the opening of the new road to Lake Las Vegas, Galleria Parkway."
Reflection Bay was personally designed by 18-time Major winner Jack Nicklaus and was home to the Wendy's 3Tour Challenge from 1998 to 2007. Each of Reflection Bay's imaginative holes was crafted to be distinctive and memorable, including five holes stretching along a mile and a half of shoreline and the 200-yard, par-3 eighth, which showcases a peninsula jutting out into Lake Las Vegas.
"This course was arguably the most beautiful in Vegas and will be again," said Jeff Levine, senior vice president of Century Golf Partners." The course is already green, a welcome sight to residents. We're on track to start booking tee times for as early as October 2014."
Located just 20 minutes from the Strip, Reflection Bay Golf Club is returning as a luxurious escape. The lavish 32,000-square-foot clubhouse will feature a full golf shop, as well as casual and fine dining. The club will also offer relaxation on a private white sand beach, paddle boarding, and access to the La Contessa yacht. On select nights, concerts will be held, turning Reflection Bay into a beachside venue like no other. The renovated facilities will be ideal for events, tournaments, and weddings.
"We expect new and returning golfers will once again fall in love with playing Reflection Bay," said Parker.
Learn more at http://reflectionbaygolf.com, where you can also follow Reflection Bay's transformation in pictures.
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Paulson & Co., founded in 1994, is an investment management firm specializing in event-driven arbitrage strategies, including merger arbitrage, bankruptcy reorganizations and distressed credit, structured credit, recapitalizations, restructurings, and other corporate events. The company's goals are capital preservation, above average returns over the long-term, and low correlation to the markets. Read more at http://www.paulsonco.com.
Century Golf Partners owns private clubs and golf courses that it acquired in partnership with Walton Street Capital and other investment partners. It also manages additional clubs and golf courses for third party owners. Century Golf Partners is focused on driving revenue, increasing market share and profitability by building member and guest loyalty, referrals and retention. Read more at http://centurygolf.com.
Media Contact: Michelle Moser, MSM, (248) 935-9910, [email protected]
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SOURCE Reflection Bay Golf Club
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