Costa Rica: Greg Norman course part of $300 million development

Azulera Resort Village, a new $300 million residential resort in northwest Costa Rica's Guanacaste Province, will feature an 18-hole, Greg Norman-designed golf course as part of its initial phase of development.  

Troon Golf has been hired to manage the yet-to-be-named course, which will be spread across more than 500 acres of land and is expected to open for play in 2009.

New Jersey-based developer Global Financial Group broke ground on the 557-acre project overlooking Brasilito Bay in June of this year.

Designed by architect Michael Graves, the project's first phase also features a 185-room Hyatt Regency Resort and 64 full-ownership condos. It is scheduled for completion in early 2010.

An additional 1,000 residential units including condominiums, townhouses, mid-rise apartments and custom homes will be constructed in the project's second phase.

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