Golf course for sale after resort development founders

Golf course for sale after resort development founders
The Pegasus golf course in Waimakariri, north of Christchurch, is for sale. (Image: Supplied)
Maria Slade
Golf courses are often owned by individuals with big egos and deep pockets, such are the difficulties in making the ventures pay.This may be the future for the Pegasus golf course north of Christchurch, which is on the market after its current owner failed to raise the money to develop it as a tourist resort.Auckland-based builder and developer Sam Huo has owned the 18-hole championship course and sports club adjacent to the Pegasus township since 2017.He planned to turn it into a resort complete with a hotel, apartments, spa and hot pool...

More Infrastructure

Auckland housing project withdrawn from fast-track
Policy

Auckland housing project withdrawn from fast-track

The developer plans to lodge a fresh application after draft decline.

150 years of infrastructure spending going ‘boom’
Infrastructure

150 years of infrastructure spending going ‘boom’

We actually spend a lot more on infrastructure than you might think.

Construction suicide costs at $1.3 billion
Infrastructure

Construction suicide costs at $1.3 billion

A survey found that almost one in five workers reported suicidal thoughts.

Chido Machingura 12 Sep 2025
F&P Healthcare one step closer to new Karaka campus
Policy

F&P Healthcare one step closer to new Karaka campus

Auckland Council has approved a request to rezone nearly 90ha going to hearings.

Oliver Lewis 12 Sep 2025