Join us to receive the Wire with the latest golf industry news, product announcements, media interactions, golf travel deals and fashion releases. She is now a reporter at The Denver Post. Work on the two-year project will start in January, according to the clubs interim head golf pro Derek Rush. Arnold Palmer, who had won the Masters that April, was seven shots behind the leader going into the final round. (Images courtesy of Mark P. Finlay Architects). Its a place where members can gather and dine and have meetings, and it also allows us to keep part of our staff employed during this time, Maguire said. April 17, 2021 at 6:00 a.m. gnathan@ngf.org. Cherry Hills General Manager and Head Golf Professional both lefttheir positions in November 2020 for other opportunities, The Post reported. I look forward to working with everyone at the club and the entire membership, as we embark on the next chapter of the clubs long-standing history. Shuck graduated in 1995 from Methodist University in Fayetteville, N.C., an accredited PGA of America Professional Golf Management University, and earned his PGA Membership in 2000. With a soft fade, known as "The Weis Slice", and booming 300+ drives, he can blast it out of bounds with the best of them. He followed his bogey at 17 with a triple bogey at 18 to finish four shots back. Recipient of the prestigious 2017 Carolina PGA Section Bill Strausbaugh Award, which recognizes a PGA Professional who demonstrates exceptional character, integrity and leadership by way of teaching and mentoring other PGA Professionals, Shuck has mentored 21 former Assistant Golf Professionals who went on to earn PGA Head Golf Professional positions throughout the industry. The total square footage of the clubhouse will be around 97,000 square feet when work is done. Play golf at Cherry Hills Country Club, located at 4125 S University Blvd Englewood, CO 80113-4904. Amateur and Mid-Amateur in the same year. The course is named after the head golf professional at the club from 1939 to 1962. FAQ | Privacy Policy | Turnstile Media Group 2021, All rights reserved. kevin@kevinfrischpr.com, Greg Nathan Chief Business Officer The banquet facility for weddings and other events, which has been two separate rooms, will now be one larger room. The service enables clubs and businesses to identify and place top candidates in key executive leadership positions, while utilizing the expertise of the PGA of Americas Career Services Department to align their business for success. Maguire said the club is still searching for a general manager. ", Revised: 10/21/2021 - Article Viewed 1,889 Times New additions to the clubhouse will include an indoor golf simulator area, a fitness studio, and expanded dining areas. During the second round of the championship, Ainsley made a 19 on the 16th hole and still has the distinction today of posting the highest single-hole score in U.S. Open history. The clubs history is one of tradition, championships and a great membership. Cherry Hills will celebrate its centennial in 2022 and will host the U.S. There he was selected for a national Club Manager of the Year Award in 2011. Address : 4125 S. University Blvd. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED. The departures come as Cherry Hills is set to begin significant renovations to its clubhouse. Cherry Hills Country Club is a private country club in Cherry Hills Village, Colorado, a suburb south of Denver. PHOTOGRAPHY COURTESY OF CHERRY HILLS COUNTRY CLUB Turning 100 this year, CHERRY HILLS COUNTRY CLUB leverages its illustrious past to create an equally historic future.. By Jon Rizzi "WE OWE IT TO THE FOUNDERS AND THE FUTURES.". In the 2005 U.S. Women's Open, Birdie Kim holed out from the right greenside bunker on her 72nd hole while amateur Morgan Pressel watched from the 18th fairway. The nine In his adult years, his passion for the game collided with his entrepreneurial spirit and in 2004 launched GolfWisconsin.com. According to Maguire, more than 64 percent of the clubs 450 resident members voted in favor of the project in January 2020, The Post reported. 4125 S. University Blvd. His reaction was disbelief. Cherry Hills Village, CO 80113 . In addition to Arnold Palmer, other World Golf Hall of Fame champions at Cherry Hills include Jack Nicklaus (U.S. Senior Open- 1993), and Phil Mickelson (U.S. ALL MEMBERSHIPS RENEW AUTOMATICALLY. Join the Cherry Hills Country Club team in opening its new Clubhouse, celebrating its 100 year anniversary, and hosting a major golf championship in 2023! This is an exciting time in the history of Cherry Hills Country Club, and it was very important for our membership to find the right people who can work with us to navigate the club through these exciting projects and events, says Cherry Hills Country Club President Dave Lee. Copyright CityCom Marketing, LLC - GolfTrips.com - All Rights Reserved. 4125 S University Blvd , Englewood , , 80113-4904. So, in 1941 the PGA Championship was played for the first time in The Mile High City with Vic Ghezzi defeating Bryon Nelson on the 38th hole. Copyright CityCom Marketing, LLC - WashingtonGolf.com - All Rights Reserved. One of America's most sought-after club professionals, he comes from 10 years as head professional at Charlotte (N.C.) Country Club and also served in the same position at Ocean Forest Golf Club in Sea Island, Ga., and McArthur Golf Club in Hobe Sound, Fla."I am honored and very excited," says Shuck. Opens (1938, 1960, 1978), two PGA Championships (1941, 1985), two U.S. In the end it was unwillingness to ever give up that carried Steven Fox, 21, from the University of Tennessee-Chattanooga to Cherry Hills as a national champion. So as a result, it had become a combination of additions onto the structure, Maguire told The Post. Denver startup Wolf Rigs builds $350K Humvee camper, Trio of public golf courses sell for $17M, Judge rejects lenders bid to foreclose on bankrupt downtown apartments, Appeals court sides with billionaire Anschutz in $8M tax tussle, Your email address will not be published. With thunder rumbling in the distance, Nicklaus needed four at the last to beat Tom Weiskopf by a stroke. Maguire said the club is still searching for a general manager. Amateur in 2023. Renovations will include an indoor golf simulator, a . Just off the lead early in 1985, he faded in demanding conditions. "We are very excited to have Andrew and Lance join us, and believe we have the right people to lead our club well into the 21st century. Site Map | Privacy Policy | RSS, Club + Resort Talks Features Agustin Piza Of Piza Golf, 2023 Club + Resort Business Leaders in the Club Industry, 2022 C+RB Leaders in the Club Industry Winners. In 1983, Jay Sigel won the U.S. Mid-Amateur to become the only golfer ever to win both the U.S. The club hopes to complete the project in November 2022, ahead of the U.S. When Sergio Garcia imploded with an 8 on the 17th hole it brought to mind memories of Ben Hogans own struggles there in 1960. Amateur in 2023. By Brian Weis. Browse the current issue and archived issues of Club & Resort Business in an easy-to-use, high-quality format. PGA Career Services offers a toolbox of invaluable resources to meet the hiring requirements demanded by employers today while better serving employers, PGA Members and individuals seeking to gain employment within the golf industry. The total square footage of the clubhouse will be around 97,000 sq. Before then, he was General Manager at Wood Ranch Golf Club in Simi Valley Calif., and worked at high-end properties in Orange County, Calif., including Dove Canyon Country Club and Marbella Country Club. In 2007, the idea for a network of local golf directory sites formed and GolfTrips.com was born. "This is an exciting time in the history of Cherry Hills Country Club, and it was very important for our membership to find the right people who can work with us to navigate the club through these exciting projects and events", says Cherry Hills Country Club President Dave Lee. The clubhouse has been closed since pandemic restrictions increased in November, but the club has set up temporary facilities on the course chipping green including a pro shop. So, it had been put together in pieces over many years and didnt have a great flow.. Editors: For more information on PGA Career Services, please visit PGA.org. But by the time the clubhouse got done, I would be 56 years old, and have two years of my career in a trailer. Assistant Golf Professional and Tournament Director . I am excited to be part of a world-class club that has rightfully earned a significant place in golfs landscape. The PGA Championship returned to Cherry Hills in 1985, after a 44 year hiatus, with Hubert Green winning his second major title in a duel with Lee Trevino. (Bottom Left): Arnold Palmer and Jack Nicklaus share a light moment on the 1st tee in 1993. Denver startup Wolf Rigs builds $350K Humvee camper, Trio of public golf courses sell for $17M, Judge rejects lenders bid to foreclose on bankrupt downtown apartments, Appeals court sides with billionaire Anschutz in $8M tax tussle, Your email address will not be published. Nonprofit Tax Code Designation: 501 (c) (7) Defined as: Social and recreational clubs. Cherry Hills CC has also temporarily rented a property to act as a satellite clubhouse, called Club 22, The Post reported. So says Cherry Hills Country Club President David Keyte of the substantial investment that he and current members are making in one of Colorado's most storied . Media Contacts: Kevin Frisch PR Kevin Frisch (989) 614-0241 kevin@kevinfrischpr.com National Golf Foundation Greg Nathan - Chief Business Officer (561) 354-1622 gnathan@ngf.org Industry News In 2016, Brian won The Shaheen Cup, an award given to a golf travel writer by his peers.All of his life, Brian has been around the game of golf. Greenwood Village, CO 80111, Even posthumously, Dale Douglass paying it forward in Colorado golf. Before then, he was General Manager at Wood Ranch Golf Club in Simi Valley Calif., and worked at high-end properties in Orange County, Calif., including Dove Canyon Country Club and Marbella Country Club. Former Charlotte CC head professional Andrew Shuck becomes just the seventh PGA head pro in Cherry Hills CC history. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING LIZ@BUSINESSDEN.COM. Cherry Hills Village, CO 80113 . The talented golfer started a program for junior golfers, which prompted the construction of Cherry Hills' nine-hole course. Founded in 1922, Cherry Hills Country Club in Denver, Colorado is one of America's most iconic golf clubs. Prior to assuming this new role, Shuck spent the past 20 years successfully serving in multiple PGA Head Golf Professional positions including: PGA Head Golf Professional at Charlotte Country Club (2011-21); PGA Head Golf Professional at the Ocean Forest Golf Club, in Sea Island, Georgia (2006-11); and PGA Head Golf Professional at McArthur Golf Club, in Hobe Sound, Florida (2001-06). It's a special time at Cherry Hills, with the building of a new $56 million clubhouse that will serve as a home away from home for an amazing membership as the club enters its next century, along with serving as host to the 2023 U.S Amateur Championship. (989) 614-0241 As a youngster, Brian competed at all levels in junior and high school golf. The Club hosted the 1976 U.S.G.A. The initial clubhouse was built in the 1920s, and then there were a series of additions over the years. Amateur in 2023. Renew now by choosing a subscription below! Shuck went on to earn his PGA Membership in 2000, prior to holding numerous Assistant PGA Professional positions throughout the golf industry, where he honed the business and leadership skills needed to become a PGA Head Golf Professional. Your email address will not be published. (Top Left) Phil Mickelson hits a flop shot during the 1990 U.S. ft. north end, which includes the mens locker room and an exhibit that recognizes famous players who have played at the club, The Post reported. Apart from Mickelson's record-breaking performance, 1989 champion Chris Patton set a dubious record of his own for the biggest defeat of a defending champion when his opponent aced the 12th hole to win, 8 and 6. He is a graduate of the University of Pennsylvania. "Cherry Hills will celebrate its 100th Anniversary next year by opening its newly redesigned 96,000-square-foot clubhouse and entering the final stages of its course renovations by Renaissance Golf Design and Eric Iverson. The club is about to complete an asbestos abatement with plans to begin demolition next week. Amateur in 2023. Perhaps the one thing to triumph Guldahl was what happened to California Pro, Ray Ainsley. I brought the U.S. Nicklaus slashed the ball 260-yards up the fairway of the 450-yard closing hole using that same 1-iron and then hit the center of the green, leaving a daunting putt of 35-feet, which he hit to 3-feet. We are very excited to have Andrew and Lance join us, and believe we have the right people to lead our club well into the 21st century.. North defeated the likes of Gary Player, Jack Nicklaus and the 1960 Champion, Palmer. Historic Cherry Hills Country Club, has named Andrew Shuck PGA Head Professional and Lance Sabella General Manager/COO, as the iconic club approaches its centennial anniversary. Muirfield Village Golf Club, which opened in 1974, is owned and was designed by retired pro golfer Jack Nicklaus. Professionally, Brian is a member of the Golf Writers Association of America (GWAA), International Network of Golf (ING), Golf Travel Writers of America (GTWA), International Golf Travel Writers Association (IGTWA) and The Society of Hickory Golfers (SoHG). Initially, the original name of the Club was The Cherry Hills Club in recognition of a cherry orchard located on the Club's grounds. Amateur Championships (1990, 2012), the U.S. Senior Amateur Championship (1976), U.S. Mid-Amateur (1983), U.S. Senior Open (1993), U.S. Womens Open (2005), and a PGA Tour FedEx Cup playoff event, the BMW Championship (2014). Historic Cherry Hills Country Club in Denver has named Andrew Shuck PGA Head Professional and Lance Sabella General Manager/COO, as the iconic club approaches its centennial anniversary. In 2010, respected modern-day course architect Tom Doak was retained to restore Cherry Hills back to William Flynns original design and intent. In 1960, with the hole in the same position, Nicklaus bogeyed the 18th to miss out on any chance of tying Palmer and forcing a playoff. Barks has been a writer and editor for specialized business publications for over 40 years, covering a wide variety of industries and professional disciplines over the course of his career. He has also been a freelance contributor to many leading national consumer and business publications, and served as Marketing Manager for the Hay Group, a leading worldwide management consulting firm. It is an understatement to say, Brian is passionate about promoting golf and golf travel on a local, regional, national and international level.On the golf course, Brian is known as a fierce weekend warrior that fluctuates between a 5-9 handicap. Topeka (Kan.) CC Undergoes Extensive Enhancement Project, Wisconsin Club Caps Course Renovation Ahead of 20-Year Anniversary, PGA Frisco (Texas) Readies for Fields Ranch Opening. Contact: He was paid the handsome sum of $4,500 to design Cherry Hills, which he described as a top-notch layout with few equals and no superior. Amateur. In the 1960 US Open, Arnold Palmer hit one of the most indelible shots in all of major championship golf. In the locker room before the final round, Palmer asked his friend and longtime Pittsburgh sportswriter Bob Drum what it might take to win the Open and what a 65 might do for this chances. in Cherry Hills Village is gearing up to demolish the south end of its clubhouse and replace it with a new two-story, 67,000-square-foot facility, according to a board member. Booming drives, towering long irons, bold putting, it all came together that week at Cherry Hills for Mickelson. (Bottom Left) Phil Mickelson with the Havemeyer Trophy given to the U.S. Two big players are leaving the Cherry Hills Country Club. About Cherry Hills Country Club Founded in 1922, Cherry Hills Country Club in Denver, Colorado is one of Americas most iconic golf clubs. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Update your browser to view this website correctly. Browse the current issue and archived issues of Club & Resort Business in an easy-to-use, high-quality format. Amateur titles in the same year, following Jack Nicklaus in 1961. Cherry Hills Country Club was founded in 1922 by a group of prominent members from Denver Country Club who wanted a golf club and nothing else. But it was Billy Horschel, fresh off a squandered opportunity the week before, who showed grit with a winning score of 14-under-par and his victory at Cherry Hills set up a run that included the TOUR Championship and FedExCup to end the season. The clubhouse has been closed since pandemic restrictions increased in November, but the club has set up temporary facilities on the course chipping green including a pro shop, The Post reported. Initially, the original name of the Club was The Cherry Hills Club in recognition of a cherry orchard located on the Club's grounds. ZERO RESTRICTION ANNOUNCES PARTNERSHIP WITH THE NEW YORK GIANTS, ZEROFIT BASELAYERS ARE THE PERFECT MOTHERS DAY GIFT WITH SPECIAL OFFER, ON COURSE FOUNDATION KICKS OFF ANNUAL FUNDRAISING CAMPAIGN DURING MILITARY APPRECIATION MONTH. The club hopes to complete the project in November 2022, ahead of the U.S. Visit www.chcc.com for more information. I feel very fortunate to have the opportunity to go from an historic club like Lakeside to another, Cherry Hills Country Club, says Sabella. Cherry Hills has also temporarily rented a property to act as a satellite clubhouse called Club 22, which opened last week, at 8100 E. Union Ave. in the Denver Tech Center, where McCormick & Schmicks previously operated. Everyone here has been so welcoming and Im proud to call it home., Cherry Hills will celebrate its 100th Anniversary next year by opening its newly redesigned 96,000-square-foot clubhouse and entering the final stages of its course renovations by Renaissance Golf Design and Eric Iverson. FOR ASSISTANCE WITH YOUR MEMEBERSHIP PLEASE EMAIL LIZ@BUSINESSDEN.COM. Cherry Hills Village, CO 80113. Sabella, a Certified Club Manager, comes directly from Lakeside Golf Club in Los Angeles, Calif., where hes been the General Manager since 2004. The reason why I think our members believe its important is so we can continue to be relevant, Charles Maguire, who sits on the clubs Board and Executive Committee, told The Post. One of Americas most sought-after club professionals, he comes from 10 years as head professional at Charlotte (N.C.) Country Club and also served in the same position at Ocean Forest Golf Club in Sea Island, Ga., and McArthur Golf Club in Hobe Sound, Fla. I am honored and very excited, says Shuck. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED. Shortly after, the Women's Western Open cam to Cherry Hills in 1950. Look for them in job listings at your golf course website, and be sure to check the perks. I look forward to working with everyone at the club and the entire membership, as we embark on the next chapter of the club's long-standing history." Welcome to Championship Golf Since 1938 Cherry Hills certainly has earned its place on the American golf landscape. EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. Meanwhile, Ben Hogan was gunning for a record fifth Open title, and saw his fate sealed at the par-5 17th hole when his third shot spun back into the water. ", Revised: 10/21/2021 - Article Viewed 1,888 Times Update my browser now. We needed to upgrade our facilities and provide a better member experience., He added, We see country clubs like ours are no longer joined based on the decision of a husband or wife, but it tends to be more of a family decision. Andrew Shuck, former head golf pro for Charlotte Country Club in North Carolina, started as Cherry Hills' head golf pro this month. He was also the recipient of the prestigious Carolina PGA Section Bill Strausbaugh Award in 2017. Drum responded: "For you, nothing. And I was kind of at the point where Im getting a little older in my business, so it was an opportunity I couldnt turn down.. And I was kind of at the point where Im getting a little older in my business, so it was an opportunity I couldnt turn down. Shuck becomes the seventh head pro in the clubs 99-year history and will oversee all golf operations, including tournaments, events, and outings, membership programming, instruction and merchandising. (Top Left) Hubert Green with the Wanamaker Trophy. Today, the network consists of a site in all 50 states supported by national sites like GolfTrips.com, GolfGuide.com and GolfPackages.com. He has been covering the club and resort industry since the launch of C&RB in April 2005 and during that time has written cover-story profiles of over 150 club and resort properties, as well as many additional articles about specific aspects of club management and profiles of leading club managers. There he was selected for a national Club Manager of the Year Award in 2011. Muirfield Village GC, which opened in 1974, is owned by Jack Nicklaus, who also designed its golf course, which is ranked as one of the top 20 courses in the U.S., according to Golf Digest, and is also the only venue to ever host the Ryder Cup, Solheim Cup and the Presidents Cup. He has also been a freelance contributor to many leading national consumer and business publications, and served as Marketing Manager for the Hay Group, a leading worldwide management consulting firm. Cherry Hills head golf professional, John Ogden, has also accepted a position elsewhere. Not all of the clubhouse had a basement, and there were varying heights, plus the ballroom portion of the clubhouse was built in the 50s. In 2016, Brian won The Shaheen Cup, an award given to a golf travel writer by his peers.All of his life, Brian has been around the game of golf. Historic Cherry Hills Country Club, has named Andrew Shuck PGA Head Professional and Lance Sabella General Manager/COO, as the iconic club approaches its centennial anniversary.Shuck becomes the seventh head pro in the club's 99-year history, and will oversee all golf operations, including tournaments, events and outings, membership programming, instruction and merchandising. ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE. (Middle Left) Steven Fox celebrates after holing the winning 21-foot birdie putt on the 1st green, the 37th hole of the final match. Everyone needs to reinvent themselves and have another adventure. An accomplished and well-respected PGA Professional, Shuck will be responsible for managing golf operations, including tournaments, outings, membership programming and golf shop merchandising, among other tasks. The club features a championship 18hole golf course, a 9hole par three course, eight tennis courts, and a lap pool. The clubhouse at Cherry Hills Country Club is getting a $50 million facelift. The difficulty of the course led to not one single score below 68 all week. It all started in 1938 with the U.S. Open. PALM BEACH GARDENS, Fla. - The PGA of America's Career Services Department today announced that Andrew Shuck, PGA, was named PGA Head Golf Professional at Cherry Hills Country Club, a historic private club in Denver. (561) 354-1622 There he was selected for a national Club Manager of the Year Award in 2011. We are very excited to have Andrew and Lance join us, and believe we have the right people to lead our club well into the 21st century.. More than 75,000 members enjoy all that the CGA has to offer. His pedigree has prepared him to lead the golf operation at Cherry Hills into a prosperous and exciting future.. It is an understatement to say, Brian is passionate about promoting golf and golf travel on a local, regional, national and international level.On the golf course, Brian is known as a fierce weekend warrior that fluctuates between a 5-9 handicap. "I feel very fortunate to have the opportunity to go from an historic club like Lakeside to another, Cherry Hills Country Club," says Sabella. (Top Left) Michael Weavers potential winning par putt dipped into the hole before spinning out. The reason why I think our members believe its important is so we can continue to be relevant, said Charles Maguire, who sits on the clubs board and executive committee. That portion of the building is not part of the latest project. The club also offers another golf course that is eighteen holes. We are thrilled and honored to welcome Andrew Shuck as the seventh Head Golf Professional in our clubs storied 99-year history.. Ogden, who was head golf pro at Cherry Hills for 13 years, will be replacing Larry Dornisch, who is retiring at the end of the year, according to Muirfield General Manager Nicholas LaRocca. The buildings footprint will remain largely the same. She is now a reporter at The Denver Post. The founders of the Club had the wisdom and foresight to enlist William S. Flynn to design the course. But in 1993 Nicklaus would write a different ending to his storied career at Cherry Hills. ft., The Post reported. Joe Barks contributes to Club & Resort Business magazine working out of Wayne, Pa. (suburban Philadelphia). In 2010, respected modern-day course architect Tom Doak was retained to restore Cherry Hills back to William Flynns original design and intent. Cherry Hills Village, CO 80113, Powered by Northstar Club Management System. He was also the recipient of the prestigious Carolina PGA Section Bill Strausbaugh Award in 2017.Sabella, a Certified Club Manager, comes directly from Lakeside Golf Club in Los Angeles, Calif., where he's been the General Manager since 2004. But it was Mickelson's daring style that attracted a following at Cherry Hills. Topeka (Kan.) CC Undergoes Extensive Enhancement Project, Wisconsin Club Caps Course Renovation Ahead of 20-Year Anniversary, PGA Frisco (Texas) Readies for Fields Ranch Opening. Everyone here has been so welcoming and I'm proud to call it home. The club will also host the U.S. Cherry Hills is currently in the process of securing a general manager and head golf pro replacement through a member search committee, Rush said. Member Login . After Michael Weavers 5-foot par putt to win on the 36th hole dove into and out of the cup, he and Steven Fox went back to the famous 1st tee to settle a tense final match. Cherry Hills CC is set to begin a major two-year clubhouse renovation in January 2021, and a member search committee is currently in the process of securing successors for both positions. Roughly half of the project will be paid for by the members, but the club has also secured a 20-year loan to finance the other half, Maguire said. Its a better position and better opportunity, said Loth, who has been general manager for four years. Its a special time at Cherry Hills, with the building of a new $56 million clubhouse that will serve as a home away from home for an amazing membership as the club enters its next century, along with serving as host to the 2023 U.S Amateur Championship. Site Map | Privacy Policy | RSS, Club + Resort Talks Features Agustin Piza Of Piza Golf, 2023 Club + Resort Business Leaders in the Club Industry, 2022 C+RB Leaders in the Club Industry Winners. In the final round, starting six shots behind, Palmer drove Cherry Hills first green, leading to a birdie and final-round 65 to win his only U.S. Open. A group of individuals, led by members of Cherry Hills, formed a corporation for the first Denver Open golf tournament held in 1947. Prior to 1938, no club west of Minneapolis had ever hosted a U.S. Open. The event was won by Lew Worsham but interestingly enough, Ben Hogan finished T-2. While Maguire declined to disclose the project budget, describing it only as a substantial amount, multiple sources familiar with the project told BusinessDen, a local business publication, that the budget is approximately $50 million, The Post reported.