As previously mentioned, the formal closing of the WGV Partners and related start date was in August, 1996. The projected first phase costs were in excess of $350,000,000 and included the following:

 
 
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Once Deane Beman made the decision to locate the PGA TOUR Hall of Fame at the Saint Johns project, the specific details of the project components needed to be formalized. The original PGA TOUR Hall of Fame project concept was relatively small in terms of required development acreage with only one 18-hole golf course, a 350 resort room hotel and the 28,000 sq.ft. PGA TOUR Hall of Fame. The permitted Hall of Fame development area in the Saint Johns project was 82.0 acres, substantially more acreage than was required for the PGA Hall of Fame and a 350 room resort hotel. In addition, while the project concept had been decided upon, the source and amount of funding required for initial construction and future operations had not been identified.

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