Thursday, October 06, 2005

Inverness golf club to go forward

I'll have more on this tomorrow, but in the meantime, my good friend Ben Cowan-Dewar has been in the news with his proposed new golf club, Cabot Links. Here's a quick news hit from the Web.

INVERNESS — Construction on a $5.6-million golf course will tee off here next spring.More than 78 hectares of prime oceanfront land will be handed over free of charge to a group of silent investors. The Cape Breton Growth Fund, an arm of Enterprise Cape Breton Corp., will chip in $2.5 million in equity funding for the project, which means that if the project makes money, the group will repay the federal government.Ben Cowan-Dewar will head up the project, known as Cabot Links.He is president of GolfTI of Toronto, a luxury golf travel company and a course-ranking panellist on some golf magazines.“I represent the group and am the president, CEO and developer, but the group of investors comes from different parts of Canada,” said Mr. Cowan-Dewar.Mr. Cowan-Dewar said the golf course will be designed by Rod Whitman, an Alberta golf course architect. Mr. Whitman’s projects include the Wolf Creek Golf Resort and Blackhawk Golf Club, both in Alberta.

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