The club purchased and is in the process of razing a 456-unit apartment complex with plans to use the 9.8-acre site for parking and undisclosed support services. Bloomberg News reported that the land might eventually be the site of lodgings or corporate-entertainment facilities for its members and commercial partners.
Augusta National Building Hospitality Venue
The facility will be called Berckmans Place, and it is expected to be ready in time for the 2013 Masters.