Oceanico to launch golf resort in North Carolina by mid-2009

The Oceanico Group expects to launch the first properties at the Little River golf resort in Pinehurst, North Carolina within 18 months.

The Oceanico Group expects to launch the first properties at the Little River golf resort in Pinehurst, North Carolina within 18 months.

Last week, the firm announced that it had agreed to buy the 630-acre complex, which includes 64 apartments, a golf course designed by Dan Maples and a large clubhouse.

It plans to build more properties at the resort and will also improve the golf facilities, with the completed development expected to ...