Augusta National: $$$

Augusta National Has Spent $200 Million On Real Estate Purchases, New TV Compound Coming Next

April 11, 2019

Screen Shot 2019-04-11 at 1.30.57 PM.png

Thanks to reader JB for Brian Costa’s Wall Street Journal look at Augusta National’s real estate purchases, with the Journal estimating $200 million spent.

From the story, with some really nice graphics and an overhead aerial of 2002 vs. 2018 worth playing with too.

In the areas immediately surrounding golf’s most exclusive club, there are generally only two types of properties: the ones Augusta National has acquired—and the ones it will acquire.

In the last 20 years, the club has spent around $200 million to buy more than 100 pieces of land totaling no fewer than 270 acres, according to a Wall Street Journal analysis of property and tax assessor records and interviews with people familiar with the transactions.

To further insulate one of the most hallowed grounds in American sports from the outside world, Augusta National has bought and demolished entire residential blocks and commercial strips. It has purchased properties more than a mile from its iconic clubhouse. And it is hardly slowing down.

The Augusta Chronicle’s Susan McCord looks at the announcement Wednesday by Chairman Fred Ridley explaining what some of these purchases mean: a new television compound across the street. Geoff Shackelford/ Comment2019 Masters, Augusta National

Some of the better @themasters merchandise for 2019. My full review is posted @golfweekmag .com.
%d bloggers like this:
search previous next tag category expand menu location phone mail time cart zoom edit close