|June 1999 - With city approvals in hand and infrastructure
in place, Dave Moline lacks only a timeshare partner to turn his resort
dream into reality.
Dove Valley Ranch, a huge master-planned community in northern Phoenix, encompasses 850 acres with the potential to grow to more than 1,000 acres. Besides timeshares, the community eventually will include 1,200 homes, a hotel and commercial development, ranging from high-end retail to restaurants.
"I am looking for a joint-venture partner and/or a timeshare company that wants a turn-key development," said Moline, president of Moline Construction Co. Inc. "We could build it all out and sell it to them. We are ready to start construction."
The 159 timeshares would sit on two parcels of land with 96 units on 8.83 acres and 63 suites on 7.32 acres nearby. Initial plans call for two swimming pools, fitness center and other amenities.
Dove Valley is home to an 18-hole golf course designed by Robert Trent
Jones II, where owners would receive preferred tee times and discounted
greens fees. The course opened last November. Duffers also could enjoy
the course's clubhouse and a nearby driving range.
"None of this is cast in stone," Moline said. "We would work with our partner to create whatever they want."
He acknowledged that the Southwest is a hot destination right now. "This is a fresh area, a land of opportunity," Moline said. "It appeals to everybody. It's got golf and great weather."
He added, "If you came here in November, the probability is that you could play golf and get a suntan and 2 1/2 hours later be skiing in four feet of snow."
Dove Valley is within five miles of the towns of Cave Creek and Carefree.
Moline is looking for an experienced timeshare company with solid finances for his debut effort. "I just don't want to pioneer with someone," he added.
The builder has discussed the development with several timeshare companies, but no serious suitor has stepped forward. Moline believes hotel companies might want to consider the site since a hotel has been approved as part of the community's master plan. Moline believes the location and amenities would draw both drive-to and destination buyers.
"This resort will sell itself," he said.
|Also See:||Arizona Lodging Insights / First Quarter 1999 / Warnick & Co. / June 99|
|Host Marriott Corporation Acquires Ritz-Carlton, Phoenix for a Total of $75 Million / May 1998|