Augusta National Golf Club Spends $8.3 Million for Parking Lot
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Augusta National Golf Club plans to build a parking lot on the site of a 456-unit garden apartment complex that was purchased for $8.3 million and is being razed, the club said.
The Greens on Washington Road, built in 1972, was purchased in February 2012, according to the Richmond County, Georgia, Board of Tax Assessors. By last week, it was mostly demolished. The private club, which hosts the Masters Tournament each April, plans to use the 9.8-acre site for parking and undisclosed support services, according to Augusta spokesman Steve Ethun.