The property appeals to sporty visitors as well as vacationers who want to do nothing more than to relax with a book or a drink in hand. The Vibe at Hammock Beach Golf Resort & Spa A big, boisterous pool complex is at the resort's center. Multi-bedroom villas have full kitchens and balconies with panoramic vistas. Accommodations are simple, with pops of coastal color adding panache to decorative accents such as throw pillows and bedspreads. The resort is surrounded by lush vegetation with swaying palm trees, glossy green fronds, and colorful flower beds, adding tropical flair. The Look of Hammock Beach Golf Resort & Spa Other local Ginn-LA properties previously sold by Lubert-Adler are both on John Anderson Hwy The Gardens and Bulow Shores.However, the real star of the show is the resort's two-mile swath of unspoiled beach, distinguished by its unusual cinnamon-hued sand courtesy of crushed coquina shells. PALM HARBOR PKWY – UNDEVELOPED COMMERCIAL LALND Also part of the sale is three parcels totaling 15 acres fronting both Palm Harbor Pkwy and Pirate National Way (across from Matanzas High School and opposite the main entrance to The Conservatory). The sale includes Jose Park on Route A1A six parcels totaling 17+ acres with 1,100 feet of frontage on the Intracoastal Waterway. Hammock Beach Resorts also includes a marina and tennis facilities at Yacht Harbor Village. Clearly, Hammock Beach and its surrounding developments were instrumental in Palm Coast and Flagler County becoming the fastest-growing city and fastest-growing county respectively two years in a row. Ginn-LA’s most notable successes remain the Reunion Resort in Kissimmee (sold to Kingwood International Resorts one year ago) and the Hammock Beach Resort. Bobby and Lubert-Adler parted with LA as the steward of the remaining assets. The Great Recession took its toll on many of Ginn-LA’s wide-flung projects. Together they formed a juggernaut that was involved in developing locally and in Orlando, South Florida, Colorado, Georgia, the Carolinas, New England, and Grand Bahama. Ginn left Lowe and joined Philadelphia-based Lubert-Adler as a financial partner. Bobby had previously worked with Lowe in Charleston, S.C. Associated with Lowe Destination Properties, Bobby was responsible for the early development of Grand Haven (before it was sold to Landmar Group}. Hammock Beach Resort was the vision of legendary developer Bobby Ginn, who entered the local real estate scene in the late 1990s. Troon Group, the world’s largest golf management company, will manage the two golf courses as part of their worldwide Troon Privé network of courses. KDG has engaged Plano, Texas-based Aimbridge Hospitality to manage the resort. The buyer is Tampa-based KDG Capital, a private equity fund headed by Dr. The total value of all recorded transactions is $18.26M. The complex deal included two undeveloped but well-positioned commercial properties and closed on December 31. PALM COAST, FL – Janu– Arguably the most significant chapter in Flagler County real estate development ends as Lubert-Adler sells its remaining local assets, including the Hammock Beach Resort with its Jack Nicklaus and Tom Watson signature golf courses. The multiple transactions apparently include Lubert-Adler’s remaining local real estate assets, once developed by Bobby Ginn with Lubert-Adler as a financial partner.
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