In the News
Timbers Resorts, one of the largest independent developers and operators of private boutique resorts and residence clubs, completed the renovation of the Ocean Course at Hokuala. The course is now open to the public.
The Ocean Course at Hokuala, an award-winning Jack Nicklaus Signature Golf Course features the longest stretch of continuous oceanfront holes in Hawaii
Colorado-based Timbers Resorts has begun construction on two major oceanfront projects that are likely to bring the private residential club significant notoriety.
The company – which operates five Colorado mountain properties but also includes private clubs from Tuscany to Mexico in its portfolio – is set to open a 47-unit property in Kauai and a 21-unit club on Kiawah Island, South Carolina in the first half of 2018. The Hawaii location alone generated $69 million in pre-registration sales, CEO Greg Spencer said.
Kauai island in Hawaii, Kiawah Island in South Carolina and Carbondale in Colorado don’t often get mentioned in the same sentence. But two new projects from Timbers Resorts are likely to attract a lot more attention to the 19-year-old company and its headquarters in the small town north of Aspen…
Its newest properties are under construction on Kauai and Kiawah, two sought-after island resort areas, and are scheduled to open in the first half of 2018. They're attracting significant attention even after a year in which uncertainties surrounding the election and the future of the U.S. economy led to skittishness among high-end vacation-property purchasers.
Timbers Resorts has announced that it is expanding into one of the country’s most sought-after destinations, Kiawah Island, South Carolina. Timbers Kiawah Ocean Club & Residences will be the first Private Residence Club on Kiawah Island offering 21 thoughtfully designed residences across three oceanfront buildings, along with a first-of-its kind collection of dedicated amenities on the island.
Seasoned homebuyers are fueling the market for vacation homes, says Greg Spencer of Timbers Resorts in this EXCLUSIVE interview. Greg Spencer is the CEO of Timbers Resorts. While we often hear that the home buying market is dead, there is a segment of buyers that are working on purchasing second and third homes, and beyond. This seasoned buyer pool is fueling the market for vacation homes, a niche segment of real estate that combines hospitality and personalized living. To find out more about this niche, the demand from seasoned homebuyers today and how this niche market has evolved since the recession, we sat down with Greg Spencer, CEO of Timbers Resorts, a brand of private vacation residences, for an exclusive interview.
Timbers Resorts has officially broken ground on Timbers Kiawah Ocean Club & Residences, the brand’s first private residence club on the island. Shared interest ownership (from $500,000 to $1.25 million) is available for 18 three-bedroom residences and three four-bedroom penthouses, which will be housed in three oceanfront buildings. Equipped with large patios that overlook the Atlantic Ocean, the residences (from around 2,200 square feet) and penthouses (from around 3,600 square feet) are idyllic retreats. Buyers can choose between purchasing one-sixth and one-ninth interest.
All signs point to green. As the rest of the hospitality industry hones in on implementing sustainable initiatives, laundry is doing the same. “A trend we have see in laundry is that this area is going green and becoming sustainable,” said Bryan Austin, general manager at The Sebastian – Vail, A Timbers Resorts.
Castello di Casole – A Timbers Resorts, a castle first erected in the 10th century. Its 100 acres were planted with olive groves and organic vineyards, and today it’s a mecca for tasting all that Tuscany has to offer. Tuck into handmade pappardelle pasta with boar ragout and a rustic saffron risotto in Ristorante Tosca or sip a robust Brunello di Montalcino in Bar Visconti’s Old Hollywood-inspired surrounds. Out gift to you is lunch and credit to use in the spa, housed in the estate’s former wine cellar, where you’ll find local ingredients such as Millefiori honey in the form of a crystalized body scrub.
Timbers Resorts has completed the renovation of the Ocean Course at Hokuala, now open to the public. According to a release, in addition to the substantial improvements to the golf course, formerly known as the Kiele Course at Kauai Lagoons, work has also begun on the course's expanded practice facility. Construction is set to begin later this year on a luxurious new clubhouse featuring an enhanced pro shop, lagoon-side restaurant and bar, and Tennis Garden.