Andre Agassi and Stefanie Graf to Develop Luxury Hotel and Residences: Fairmont Tamarack

Reservations Now Being Accepted for Idaho Resort's Stunning Tamarack

Village and Mid-Mountain Locations

Sep 06, 2006, 01:00 ET from Bayview Financial LP

    NEW YORK, Sept. 6 /PRNewswire/ -- Andre Agassi and Stefanie Graf,
 through their company Agassi Graf Development LLC, and Miami-based Bayview
 Financial LP(R), finalized an agreement to develop a luxury mountain
 project, Fairmont Tamarack, at Tamarack Resort, located in Donnelly, Idaho
 -- the nation's newest all-season resort. Fairmont Hotels & Resorts will
 manage the luxury hotel and residences, featuring two locations: a classic
 resort and spa located in Tamarack's village and a mid-mountain site. This
 development will be the pinnacle hotel offering at the resort. Sales are
 expected to begin in the first quarter of 2007 with the development's
 completion anticipated in 2009.
     (Photo: )
     In addition to being financial investors in the project, Agassi and
 Graf will be active in the development, design and overall lifestyle
 offering, working closely with joint venture partners Bayview Financial
 LP(R), design team Wilson & Associates and architectural firm VAg, Inc. The
 couple chose Tamarack for their first lifestyle development because of its
 stunning natural surroundings, ideal not just for skiing but for the
 unparalleled active outdoor lifestyle it offers.
     "Tamarack is the perfect location for anyone interested in taking a
 little time out of their lives to get away or spend quality time with their
 family," said Agassi. "Our vision is to create an exceptional lifestyle
 offering that complements the natural beauty and uniqueness of the resort.
 It's about bringing the highest standard of quality and luxury to the whole
     Fairmont Tamarack's village location, "Belvedere Ridge" will feature
 approximately 285 units (hotel, condo and penthouse residences), with
 scenic views of Tamarack's mountain, championship golf course and Lake
 Cascade. Belvedere Ridge will also have a private residence club including
 a Fairmont Willow Stream spa. "Whitewater" -- the resort's mid-mountain
 location -- will feature an estimated 50 private residences, all offering
 ski-in/ski-out access. Whitewater will offer a personal concierge, a
 semi-private restaurant and an outdoor deck with stunning mountain and lake
     To design the project, Agassi/Graf and Bayview Financial LP(R) selected
 internationally renowned interior architectural design firm Wilson &
 Associates, whose varied and global projects include: The Palace of the
 Lost City in South Africa; Las Ventanas al Paraiso in Cabo San Lucas;
 Atlantis Resort at Paradise Island, Bahamas and many well-known properties
 in Las Vegas such as The Venetian and The Mansions at MGM. Also
 collaborating on the project is Colorado-based architecture firm VAg, Inc.,
 which specializes in residential resort architecture and prides itself on
 environmental awareness, a critical aspect to the long-term vision at
 Tamarack, and a shared focus for both architecture firms. Wilson &
 Associates' work at Tamarack will incorporate natural materials and the use
 of local artisans.
     Fairmont Tamarack is now taking reservations, with sales expected in
 the first quarter of 2007. For more information, visit
     About Agassi Graf Development LLC
     Agassi Graf Development LLC is a real-estate development company
 focused on the creation of luxury, resort and lifestyle-oriented offerings
 in partnership with the industry's leading developers and brands. The
 company specializes in developing the design and overall lifestyle
 component of real-estate offerings under the direction and vision of Andre
 Agassi and Stefanie Graf.
     About Bayview Financial LP(R)
     Operating from its headquarters in Miami, Florida, for over 20 years,
 Bayview Financial LP(R) is a full-service real estate investment,
 development and mortgage finance company that specializes in meeting the
 needs of real estate investors, mortgage companies, banks, savings
 institutions, and loan and securities brokers.
     About Fairmont Hotels & Resorts
     Featuring a collection of secluded lodges, ski resorts, fabled castles
 and modern retreats, Fairmont Hotels & Resorts opens the doors to some of
 the world's most celebrated addresses. With locations throughout ten
 countries, our 51 distinctive hotels -- including The Fairmont San
 Francisco, The Fairmont Chateau Whistler and London's Savoy -- promise
 travelers rich experiences and lasting memories in unparalleled settings.
 Committed to growing its portfolio of world-class hotels, Fairmont will
 soon reflag five hotels in Kenya and anticipates the 2007 re-opening of New
 York's famed Plaza Hotel. Future Fairmont Hotels & Resorts also include
 locations in Cairo, Turks & Caicos, Abu Dhabi and Dubai's Palm Island.
 Fairmont Raffles Holdings International owns and operates 120 hotels
 worldwide under the Fairmont, Raffles, Swissotel and Delta brands. Fairmont
 Heritage Place is an exclusive private residence club collection offering
 vacation home ownership in some of the world's most sought after locations
 including Telluride and Acapulco, with planning is underway for Fairmont
 Heritage Place homes in Idaho's Tamarack Resort, Turks & Caicos, and
 Zimbali, South Africa. For more information or reservations, please call
 1-800-441-1414 or visit
     About Tamarack Resort
     Tamarack Resort, the first all-season resort to open in the U.S. in 24
 years, has received national attention for its world-class mountain for
 skiing, hiking and mountain biking; Osprey Meadows, a Robert Trent Jones,
 Jr., signature golf course; and beautiful Lake Cascade, suitable for
 swimming, sailing, fishing, sea kayaking, and boating. A key element of the
 Tamarack community is The Club at Tamarack for homeowners, their families
 and guests. Nestled in Idaho's Payette River Mountains, Tamarack is a
 luxury boutique resort with a variety of lodging options all within walking
 distance of the four-season amenities. For more information, please call
 877-TAM-RESORT or visit

SOURCE Bayview Financial LP