Univ. of Texas, developer in golf course pact

Golf Course News, Nov 2002

AUSTIN, Texas - Taylor Woodrow Communities and the University of Texas have partnered to bring a golf course and real estate project to Austin.

Construction is underway at the University of Texas Golf Club at Steiner Ranch, a club that will serve university alumni, Steiner Ranch residents and the city of Austin. Dallas businessman Mike Myers, a longtime supporter of academic and athletic programs at the University of Texas, is spearheading the project. November 2003 is the target date for the course opening.

Bechtol Russell Golf Inc. designed the 7,008-yard, par-71 course, and plans to seek additional input from several former University of Texas golfers.

Taylor Woodrow, which is a limited partner in the project, along with Lincoln Property Co. and Steiner Ranch Ltd., has developed country club living components around the world, including The Legacy Club at Alaqua Lakes in Orlando, Fla., and Mirasol in Palm Gardens, Fla., home of the PGA Tour's Honda Classic.

Upon completion of the course, Taylor Woodrow will assume management of the course and will develop the land surrounding it.