Just shy of a decade ago, the Talamore Family of Country Clubs took a big swing at success with its Nicklaus-designed luxury Applecross Country Club in Downingtown. Unfortunately, it didn’t see where that shot landed until the Great Recession had settled in. And when it did, Applecross realized its partnership with the developer of the surrounding housing community was little more than a sand trap.
Now, years later, a jury has finally decided to grant Applecross a valuable mulligan. It will receive $20 million from giant homebuilder Pulte Homes for failing to build out what was proposed — in a written agreement — to be more than 1,000 homes and, naturally, scores of club memberships, according to to a recent Daily Local News report.
More than two weeks of trial and hours of final deliberation prior to the verdict hinged on an originally missing exhibit that specified that 1,000-home commitment.
Pulte Homes argued that it never agreed to extend its East Brandywine Township construction efforts into West Brandywine Township as well, the article noted. The company ultimately came up 375 homes short of its promise.
Read more about the lawsuit and Monday’s jury verdict in the Daily Local News here.