The Robert Trent Jones Golf Trail

Its History and Economic Impact

Nonfiction, Sports, Golf
Cover of the book The Robert Trent Jones Golf Trail by Dr. Mark Fagan, NewSouth Books
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Dr. Mark Fagan ISBN: 9781603064194
Publisher: NewSouth Books Publication: March 1, 2016
Imprint: NewSouth Classics Language: English
Author: Dr. Mark Fagan
ISBN: 9781603064194
Publisher: NewSouth Books
Publication: March 1, 2016
Imprint: NewSouth Classics
Language: English

The Robert Trent Jones Golf Trail tells how a bold, imaginative investment by a public employee pension fund turned into a world-class tourist attraction that helped change the image and boost the economy of an entire state. The pension fund was the Retirement Systems of Alabama, and its alternative investment was in a string of golf courses and affiliated high-end hotels and spas. In business-speak, this was an "economically targeted investment" designed to diversify returns, create jobs, and increase tax revenue. Twenty-five years later, the Robert Trent Jones Golf Trail is known worldwide for the quality and beauty of its courses and the hospitality and elegance of its resorts. It has significantly increased Alabama's infrastructure for tourism and conventions, provided millions upon millions in new tax revenues, spurred construction of thousands of units of adjacent housing, and helped persuade other businesses to locate in the state. Making the Golf Trail a reality involved not only the initial vision of CEO David G. Bronner and his associates at RSA, but also the design genius and reputation of Robert Trent Jones Sr. and the hard work of many dedicated engineers and builders. It also required the cooperation of scores of local and state elected officials and economic developers. This book is the illustrated historical account of the financial, legal, political, and economic impact details of RSA's investment in the RTJ Golf Trail. Such a detailed history could not have been written without the years of economic analysis conducted by author Mark Fagan dating back to the earliest stages of the concept. Fagan's ongoing involvement with Dr. Bronner and those working to develop the Trail made possible the mammoth one-of-a-kind history that is presented in this book.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The Robert Trent Jones Golf Trail tells how a bold, imaginative investment by a public employee pension fund turned into a world-class tourist attraction that helped change the image and boost the economy of an entire state. The pension fund was the Retirement Systems of Alabama, and its alternative investment was in a string of golf courses and affiliated high-end hotels and spas. In business-speak, this was an "economically targeted investment" designed to diversify returns, create jobs, and increase tax revenue. Twenty-five years later, the Robert Trent Jones Golf Trail is known worldwide for the quality and beauty of its courses and the hospitality and elegance of its resorts. It has significantly increased Alabama's infrastructure for tourism and conventions, provided millions upon millions in new tax revenues, spurred construction of thousands of units of adjacent housing, and helped persuade other businesses to locate in the state. Making the Golf Trail a reality involved not only the initial vision of CEO David G. Bronner and his associates at RSA, but also the design genius and reputation of Robert Trent Jones Sr. and the hard work of many dedicated engineers and builders. It also required the cooperation of scores of local and state elected officials and economic developers. This book is the illustrated historical account of the financial, legal, political, and economic impact details of RSA's investment in the RTJ Golf Trail. Such a detailed history could not have been written without the years of economic analysis conducted by author Mark Fagan dating back to the earliest stages of the concept. Fagan's ongoing involvement with Dr. Bronner and those working to develop the Trail made possible the mammoth one-of-a-kind history that is presented in this book.

More books from NewSouth Books

Cover of the book Professor-Politician by Dr. Mark Fagan
Cover of the book A Rare Titanic Family by Dr. Mark Fagan
Cover of the book The Freedom Rides and Alabama by Dr. Mark Fagan
Cover of the book In the Land of Cotton by Dr. Mark Fagan
Cover of the book Sports Rehabilitation and the Human Spirit by Dr. Mark Fagan
Cover of the book The Judge by Dr. Mark Fagan
Cover of the book So Far From Home by Dr. Mark Fagan
Cover of the book Coasters by Dr. Mark Fagan
Cover of the book A Walk with Love and Death by Dr. Mark Fagan
Cover of the book Three Deuces Down by Dr. Mark Fagan
Cover of the book Tinsley Harrison, M.D. by Dr. Mark Fagan
Cover of the book Tasia’s Table by Dr. Mark Fagan
Cover of the book The Wrong Side of Murder Creek by Dr. Mark Fagan
Cover of the book Eleven Myths About the Tuskegee Airmen by Dr. Mark Fagan
Cover of the book Turbo's Very Life and Other Stories by Dr. Mark Fagan
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy