Published Jun 4, 2008

      TETONIA, ID - June 4, 2008 - Greg Norman’s Southern Cross Developments, proprietor of the exclusive “Norman Estates” real estate brand, is pleased to announce that River Rim Ranch in Teton Valley, Idaho will be the location for its newest project, the “Norman Ranch Estates.”   

“Norman Estates” are exclusive enclaves that are hand-picked by Greg Norman and Southern Cross Developments within larger resort and residential developments that feature a Greg Norman Signature Golf Course.  Norman Ranch Estates is the only Norman Estates currently being developed in North America, and represents the first time that the concept has been applied to a ranch-style product.

Norman Ranch Estates is a select offering of 45 carefully positioned “ranchettes” located immediately west of the Teton Rim Club, a Greg Norman Signature golf course at River Rim Ranch.  Norman Ranch Estates homesites range in size from 5 to 13-acres and are surrounded by stands of aspen trees and pastoral, rolling meadows.  These 45 exclusive homesites offer some of the most spectacular views of the Teton Cathedral group found on either side of the Teton Mountain Range, as well as stunning views of the Big Hole Mountain Range and Teton Valley below. 

Greg Norman has completed 62 golf courses worldwide and currently has 59 golf course projects in various stages of completion across the globe. River Rim Ranch is the third resort residential golf course community created by Potter Clinton Development, Inc (Teton Pines, Jackson Hole, WY and Teton Springs, Victor, ID). 

“Greg’s involvement is a tribute to the unique nature of Teton Valley,” explained Michael Potter, one of the principals of River Rim Ranch and PC Development.  “Southern Cross was quite diligent in their selection process and we’re honored to have been chosen as the site of the next exclusive Norman Estates residential enclave.  We know that there’s no other property like this, and we are thrilled that Greg selected our project and will also be working with us to build his home within Norman Ranch Estates.  We look forward to our ongoing relationship with Southern Cross Developments, and we couldn’t be happier to have Greg as a partner and future home owner.”   

Jeremy Seabridge, one of Mr. Norman’s partners in Southern Cross Developments, explains why River Rim Ranch was selected as the site for the next Norman Estates: “River Rim Ranch embodies all of the attributes that we look for when identifying a Norman Estates destination. The proximity to Yellowstone and Grand Teton National Parks, combined with expansive view corridors, blue ribbon trout streams, signature golf and a host of outdoor activities made this an easy choice. We welcome the developer’s commitment to the region and attention to detail and look forward to working with them to create an environment that combines the best of ranch living with the convenience and amenities of a lifestyle community.”  

Mr. Norman’s sentiments match those of the developer, “When you produce something good, people are going to buy it because they understand the value that has already been locked in and the value that will be unlocked at River Rim.  Through the creation of Norman Ranch Estates I am able to expand my participation beyond the design of the signature golf course. I’m very proud of the fact that I’m personally involved with this community and that I will have the ongoing opportunity of working with Mike Potter, Tom Clinton and the team at River Rim Ranch.” 

Southern Cross Developments is Greg Norman’s real estate development and investment partnership, specializing in the development and positioning of residential and resort real estate. Southern Cross Developments was founded by Greg Norman, Jeremy Seabridge and Brett Walsh and operates out of the Florida headquarters of Great White Shark Enterprises. Greg Norman and the principals of Southern Cross Developments were amongst the pioneers in the golf real estate industry to recognize the potential and opportunities to differentiate real estate through the creation of brand-tailored real estate enclaves. Norman Estates communities have been successfully developed in the United States and Australia and Southern Cross Developments is now expanding its geographic scope into Europe, the Middle East, Latin America, Asia, the Caribbean and Mexico.  

      River Rim Ranch embraces the agricultural traditions and open space legacy set forth by the Hoopes family nearly 100 years ago. The Ranch’s Master Plan carefully blends long-term agricultural preservation with discreet residential sites. Described as “the quiet side of the Tetons,” a laid-back approach to life is embraced in this environmentally and aesthetically balanced, low-density neighborhood. This vast property ranges in its topographical features from rolling hills to lush treed hollows and an open space system that protects more than 2 miles of the nearly untouched Teton River and River canyon. River Rim Ranch is the pinnacle of western recreation, providing access to world-class fishing, hiking, biking, horseback riding, golfing, snowmobiling, downhill, and cross-country skiing, as well as easy access to Yellowstone and Grand Teton National Parks.  The Ranch affords the opportunity to maintain the integrity and charm of the area while providing desirable homesites for single-family residences and common open space areas with pedestrian trails and other compatible amenities. 

River Rim Ranch is located 7 miles west of Tetonia, Idaho on Idaho Highway 33.  For more information, please visit www.riverrimranch.com, email info@riverrimranch.com, or call     (208) 456-8300. 

Southern Cross Developments is based in Jupiter, FL. For more information, please visit http://www.southerncrossdevelopments.com, or call (561) 743 2090.