Woods & Els to build Bahama resort

Tiger Woods and Ernie Els are helping to finance a brand new resort on Providence Island in the Bahamas. The Albany Golf and Beach Club has just been approved by island officials and will cost the developers 1.3 Billion Dollars and cover 565 acres. The resort will include a golf course designed by the two professionals and is set to open in the Fall of 2008. It is family oriented and will provide many other amenities to fit the island lifestyle. It is great for the economy and will provide between 1100 and 1600 full time jobs.