Monday, May 18, 2020

Why Golf Courses are the New Frontiers for Real Estate Developers

An accomplished Massachusetts-based real estate developer, Michael Intoccia has successfully completed numerous real estate projects during this career that spans over three decades. For his love of golf, Michael Intoccia has also ventured into redeveloping golf courses, including his recently completed Cape Club of Sharon project with modern amenities. The golf course redevelopment project consists of 52 luxury townhomes with 12 having already been completed.

Golf course redevelopment is gaining popularity as lush, green and upscale golf course neighborhoods are increasingly being considered as suitable sites for redevelopment to include residential facilities. As land to build continuously becomes scarce, many single-family home real estate developers are considering both current and former golf courses as prime sites for redevelopment. The increased interest to have residential units in golf courses arises out of the need to develop more single-family homes in upscale and scenic communities. Target golf courses are underutilized, abandoned and struggling financially and therefore likely experiencing difficulties maintaining the courses.

When properly designed and executed, golf course redevelopments can benefit all the parties involved that is golf course operators, communities and real estate developers. However, golf course assessment for real estate purposes is complex and needs to be supervised by professionals. For instance, an environmental impact assessment should be conducted by experts with technical expertise to ensure the natural ecosystem is not interfered with and an in-depth environmental due diligence is performed including remediation plans before approvals are granted.

Wednesday, May 6, 2020

Cape Club at Falmouth Features New Homes and Newly Renovated Clubhouse


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Cape Club of Sharon Hosts PGA Women's Golf Clinics

Tuesday, April 28, 2020

Cape Club of Sharon Features Heated Oversize Pool with Lifeguards

Thursday, March 28, 2019

Cape Club of Sharon Country Club Hosts Championship Golf


Michael Intoccia is a prominent real estate developer based in Sharon, Massachusetts, who has successfully completed development projects at golf resorts and elsewhere. With a focus on building luxury single family homes and condos, Michael Intoccia is nearing completion of a 52-townhome project at Cape Club of Sharon.

Featuring an 18-hole championship golf course, Cape Club of Sharon (CCS) has hosted the Massachusetts Open Championship, the New England Professional Golf Association (PGA) Massachusetts Chapter Championship, Ladies PGA clinics, and the Senior Four-Ball Golf Championship. Consistently ranked among the top courses in Massachusetts, CCS recently finished an extensive renovation aimed at creating the finest playing conditions in New England. 

In addition to a premier golf course, CCS is known for its upscale dining options and its special event facilities, with dedicated event planning staff for weddings, corporate events, and private parties. Nestled in a prime location less than 25 minutes from both Providence and Boston, CCS can easily be accessed from Route 95.