Nashville Area Norman Course Construction Halted

[Mike Hendren]

http://www.tennessean.com/apps/pbcs.dll/article?AID=/20081023/BUSINESS02/810230320/1003/BUSINESS

[Anthony Gray]

  Does anyone have information on the health of Greg Norman's TN National? I visited the site but could never get the general manager to call me back.

[Will MacEwen]

A Norman course in Maple Bay, BC is also on the skids and in litigation.

Norman not able to close - who would have guessed.

[PCCraig]

With any luck the economic crisis will wipe out Greg Norman courses the same way it did away with sub prime mortgages.

[Matt Varney]

Anthony,

TN National is running and the golf course is in very nice condition.  They have had several tournaments this year that some of my friends played in and they all said the course was nice.

Now as far as economic concerns and cash flow I have no idea.  When they first marketed TN National they used Greg Norman a ton with media and on billboards.  That has changed now and they have some new logo and they use that logo with an image of a par 3 green and sod walled bunkers I think its #12 for marketing the club and the real estate development.

It is almost like Greg Norman is no longer attached to the group but, it is owned by Medallist Developments the development company that is owned by GN and an Australian Investment Bank.