Work is on track for Tetherow resort
Published 5:00 am Wednesday, June 18, 2008
- Work is on track for Tetherow resort
With the major roads and utilities completed at the Tetherow destination resort, the Deschutes County Commission on Monday released the project’s developers from a $577,000 bond to guarantee they would complete the work.
The roads are one of several construction projects Tetherow developers plan to finish by the end of the summer. The resort’s golf course, scheduled to open July 26, is nearly finished, and the clubhouse will open in September, said Don Bauhofer, a principal with Arrowood Development and a Tetherow developer. Plans for the resort include 379 homesites on about 700 acres.
Despite the progress expected this summer, some of the destination resort’s planned features will not take shape until next year, including the overnight units required under county and state laws. Bauhofer said the resort’s developers plan to begin construction on those units, which include a hotel with about 150 rooms and 150 more units in “lodge homes,” in 2009.
Under an improvement agreement between Tetherow developers and the county, the developers must build the required overnight units — one for each residential homesite — by September 2009. If the hotel or “lodge home” units are not finished by then, the developers can request up to three one-year extensions, said Anthony Raguine, a senior planner with Deschutes County.
According to plans submitted to the county, each lodge home will contain several “lockout” units, or separate, locked bedrooms that each count as an overnight unit, Raguine said. “Lockout” units can be rented individually, or vacationers can rent the entire lodge home.
The bond for the first 150 overnight lodging units is about $16 million, Raguine said. The county also holds bonds from Tetherow for side streets.
The County Commission voted unanimously to release Tetherow from the major road and utilities bond Monday morning, and Commissioner Dennis Luke said he did not anticipate any problems getting the resort to build the required overnight units. “There’s a lot better checkpoints than there have been in the past,” Luke said, referring to Deschutes County’s code for destination resorts.
Developers of the resort on Bend’s west side still have a bond with the county for $219,493, which the county will keep for a year to make sure no defects show up in the roads and other work.
Bauhofer said roads and utilities now connect to a majority of the platted lots in Tetherow, “so it’s really an open and functioning resort.” While no homes have been completed, some are under construction, he said. The resort recently announced that it had sold 51 residential lots, with prices in the range of $300,000 to $775,000.
Many of the homes will include membership in the Tetherow Golf Club, with a course designed by David McLay Kidd, architect of the Bandon Dunes golf course on the southern Oregon Coast and several other well-known courses around the world.
Tom Connor Jr., spokesman for Eugene-based Spring Capital Group, said the golf course looks better every day. Spring Capital Group purchased the golf course and lots around it this spring from Arrowood Development and is developing the course and buildings, including the clubhouse.
“People that have been out there already and played believe it’s going to be one of the better courses to open this year on the West Coast,” Connor said.