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Sat 19 Feb 2011 03:35 PM

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Oman’s The Wave in talks to stage PGA golf event

State-backed project hopes to open 18-hole Greg Norman course by the end of 2011

Oman’s The Wave in talks to stage PGA golf event
The Wave is in talks with the PGA over staging a tour event at its planned 18-hole course

The Wave, Muscat, a state-backed $3.5bn mixed-use development, is in talks with the PGA over staging a tour event at its planned Greg Norman-designed golf course.

The 18-hole course is on track for completion in the fourth quarter of 2011, the project’s CEO told Arabian Business in an interview.

"The course has been designed to PGA standards. We have had some initial discussion about potentially holding a PGA event down here," Michael Lenarduzzi, CEO of The Wave, Muscat said in an interview in Oman.

"Greg [Norman] has designed it as such so that if we wanted to hold a full PGA event, we could do so," Lenarduzzi said.

The first nine holes of the course were initially scheduled to open in September 2011, but fast-track construction could see the whole course completed by the year-end.

"I'd like to maybe even try to get the whole 18 open by the end of the year," Lenarduzzi said.

The par-3 course will also include an academy, which is currently under construction, and a clubhouse.

The course is part of luxury The Wave project, the sultanate’s highest-profile real estate development, featuring 4,000 homes, hotels and a marina.

Partners in the project include the government-controlled Waterfront Investments, the National Investment Funds Company and UAE-based developers Majid Al Futtaim Properties (MAF).

The Wave is the first real estate project in the Sultanate to allow 100 percent foreign ownership of freehold property. The development is scheduled for completion in 2018.

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