washingtonpost.com > Business > Local Business

Luxury Enclave-to-Be Sheds a Little Cachet

Ritz-Carlton Out of Loudoun Project

Creighton Farms has a Jack Nicklaus-designed golf course, but the golf club has attracted about 50 paying members, about a fifth of the desired membership.
Creighton Farms has a Jack Nicklaus-designed golf course, but the golf club has attracted about 50 paying members, about a fifth of the desired membership. (Courtesy Of Southworth Development)
  Enlarge Photo    
 Creighton Farms
Creighton Farms
SOURCE: | By Laris Karklis - The Washington Post - March 31, 2009
Discussion Policy
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.
By Derek Kravitz
Washington Post Staff Writer
Tuesday, March 31, 2009

Creighton Farms was supposed to be a playground for Loudoun County's rich.

Sitting on more than 900 acres in Virginia's vaunted horse country, the resort-style community and golf course is nestled behind a wall of 30-foot loblolly pines, an imposing stone guardhouse and a wrought-iron fence.

But like many planned communities in Northern Virginia's wealthy suburbs, the worsening economy has put a hold on the luxurious vision of Creighton Farms. Only a smattering of homes, in varying stages of construction, have blossomed on the sweeping landscape. Most of the prized "estate lots" are vacant. And to date, not one person lives on the property.

The golf course -- designed by Jack Nicklaus and named one of the top private courses in the country by three golf and travel magazines -- has attracted about 50 paying members, roughly a fifth of the desired membership. The clubhouse remains unfinished.

Last week, a group of developers sold the gated development in the rolling hills of western Loudoun after being beset for years by financial woes and less-than-impressive sales.

Ritz-Carlton had agreed to manage the development, but workers are taking down signs and insignia with the hotel chain's name and lion's head logo at the property, off Route 15 and just north of John Mosby Highway (Route 50).

Creighton Farm's future has changed. The idea of giving homeowners a taste of hotel-style opulence has been scrapped. In its place is a golf club-centered community with a "club atmosphere" and more turnkey, low-maintenance homes, about 35 of which will be built on one-acre "hamlet" lots.

The new owner, Southworth Development, has begun the laborious process of filing zoning permits and drawing up architectural plans for a slightly less opulent community, said David Southworth, president and founder of the company.

"In our opinion, the project was well put together and very well thought out, but it hit the wrong timing," Southworth said.

Larry Goldman, a San Diego area developer who grew up in Rockville, purchased seven acres at Creighton Farms for $1.7 million nearly two years ago with his wife. The couple's dream, Goldman said, was to own a luxury 6,000-square-foot house with a pool and tennis and basketball courts for their children.

That plan is in limbo, at least until the developer builds the clubhouse and back security gate, among other promised amenities.

"Until they get around to some of the things they promised, we're skeptical of how it will go," Goldman said.


CONTINUED     1        >


More in Local Business

Brian Krebs

Local Blog

Post's local business staff keep you informed on local business news.

Post 200

Special Report

Our annual guide to the top businesses in the Washington, D.C. area.

Metro News

More News

More information about business news in the Washington region.

© 2009 The Washington Post Company