I played the front nine in a high school match about eight years ago and remember thinking it was a nice mid-level public course. Should be interesting to see what it's like with millions of bucks' worth of bells and whistles. I wonder if they'll keep the island green par three on the back side.
As for its prospects, I will say that it's pretty close to the affluent Litchfield Hills CT sphere. It's just west of Lakeville and Sharon, CT, so I guess they're aiming to attract a membership largely comprising affluent New Yorkers. Similar concept to Bulls Bridge, I imagine.