ClubCorp, the world leader in delivering premier golf, private club, and resort experiences, may be for sale, but the company that owns Pinehurst Resort is still broadening its interests.

ClubCorp has announced it has entered into an agreement with 12 Oaks to provide development assistance and long-term management of 12 Oaks Country Club, an 18-hole private golf club in Holly Springs.

Construction is now under way on the 18-hole Nicklaus Design, set to open in the late summer or early fall of 2007.

Plans for the 15,000-square-foot clubhouse, scheduled to open in 2008, include a main dining room, a bar and grill and covered verandas. Other amenities at the club will include six lighted HarTru tennis courts, junior Olympic-size swimming pool, family pool, and fitness center.

Through the agreement, ClubCorp provides membership development and marketing services, facility development consultation and full management services.

Membership offerings for 12 Oaks will be available in late 2006.

"We are excited to be involved in the 12 Oaks project," said John Beckert, ClubCorp CEO and president. "This club will make a great addition to our portfolio of clubs and will also enhance the Triangle Society benefits already offered to our members in the Raleigh area."

The club, located 15 miles southwest of Raleigh, will be the centerpiece of 12 Oaks residential golf course community, a planned subdivision comprised of 1,300 to 1,400 single-family homes, townhouses and apartment units being developed by Wakefield Development Co.

"Wakefield Development Company is excited about partnering with ClubCorp and Nicklaus Design Group to create what will be one of the premier golf communities in North Carolina," said John Myers, president of Wakefield Development Co.

Other ClubCorp properties in the area include Capital City Club and Cardinal Club, both in downtown Raleigh; Devils Ridge Golf Club in Holly, Lochmere Golf Club in Cary; and Neuse Golf Club in Clayton.

Founded in 1957 by the late Robert Dedman Sr., Dallas-based ClubCorp is the world leader in delivering premier golf, private club, and resort experiences. Internationally, ClubCorp's affiliates own or operate nearly 170 golf courses, country clubs, private business and sports clubs, and resorts with more than $1.5 billion in assets.

Among the company's nationally recognized golf properties are Pinehurst, (North America's largest golf resort, home to the 1999 and 2005 U.S. Opens); Firestone Country Club in Akron, Ohio (site of the 2006-2010 World Golf Championships Bridgestone Invitational); Mission Hills Country Club in Rancho Mirage, California (home of the Kraft Nabisco Championship); and The Homestead in Hot Springs, Virginia (America's first resort founded in 1766).

The more than 60 business clubs and business and sports clubs include the Boston College Club; City Club on Bunker Hill in Los Angeles; Citrus Club in Orlando, Florida; Columbia Tower Club in Seattle; Metropolitan Club in Chicago; Tower Club in Dallas; and the City Club of Washington, D.C.