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Mecosta LLC Purchases Nationally-Ranked Tullymore and St. Ives Golf Courses, Invest Millions in Mid-Michigan Resort Development
SHELBY TOWNSHIP, Mich., Aug. 8 /PRNewswire/ -- Mecosta LLC today
announced plans to invest an initial $30 million to develop more than 850
acres of prime real estate it acquired with the recent purchase of St. Ives
and Tullymore Golf Clubs in Stanwood, Mich., located less than an hour
northeast of Grand Rapids. J. Peter Ministrelli, a partner at Mecosta LLC,
made the announcement.
Mecosta began construction this spring on The Villages at Tullymore, a
master-planned community of 340 home sites, fractionals and condominiums.
Plans also include a 13,000 square foot, Jim Nordley-designed clubhouse
slated for completion in 2008 and a 13-acre lake. Noted Palm Springs,
Calif., developer and Michigan native J. Peter Ministrelli is overseeing
development along with brothers Ronald, Richard and Robert Marino.
Prime home sites include wooded, water side, fairway and nature
preserve settings. Prices start at $48,500. In addition, Mecosta is one of
the first developments in Michigan to offer deeded fractional ownership in
custom-built homes.
Tullymore and St. Ives Golf Clubs, each designed by award winning
architects, are ranked among the top courses in the United States and have
earned recognition from the sport's top media, including:
-- Top 15 Public & Resort Course in America, Golf Digest, 2007 (Tullymore)
-- Number One New Upscale Golf Course in America, Golf Digest, 2002
(Tullymore)
-- Top 100 Modern United States Courses of All Time, Golf Week (Tullymore)
-- Five Stars, Golf Digest, (St. Ives)
-- Top 100 You Can Play, Golf Magazine, 2004 (St. Ives)
Mecosta LLC is a privately-held company formed in 2006 to develop the
Tullymore and St Ives golf clubs. The company is headquartered in Shelby
Township, Mich. Its principals are Peter Ministrelli, Ronald Marino,
Richard Marino and Robert Marino. Ministrelli has gained national
recognition for his pioneering developments in Rancho Mirage, Palm Desert
and Palm Springs, Calif.
SOURCE Mecosta LLC
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