New Owners of Tetherow Golf Club

Willem Willemstein and Chris van der Velde have acquired Tetherow Golf Club in Bend, Ore. The acquisition includes the golf course, clubhouse and practice facility. The surrounding residential community will continue to be developed by the Eugene-based Spring Capital Group, Proterra, LLC and Arrowood of Bend.

Netherlands-based Willemstein is one of the largest investors in Zecco, an online brokerage. Since 2007, Willemstein has invested in real estate, including the state of Oregon, through Velocity U.S. Properties Inc. and Velocity Capital U.S. Inc. Prior to his involvement in real estate investments, Willemstein was the joint CEO of the Petroplus Group.

Willemstein's partner in the Tetherow acquisition is Bend resident Chris van der Velde. Van der Velde was the Director of Golf Development for Arrowood Development, LLC, original developer of Tetherow. In that role van der Velde was in charge of all matters related to construction and the pre-opening operations of Tetherow, receiving management direction and support from OB Sports.

A dual citizen of The Netherlands and the U.S., van der Velde is also a highly accomplished player and instructor. He currently serves as the head coach of the Dutch men's National Golf Team and is also the owner of TotalGolf BV, an Internet-based golf-analysis system. He was an exempt member of the European Tour from 1989 through 1993 and 1998.

He's the reigning Pacific Northwest Section PGA champion and has a playing resume that includes multiple wins in the Netherlands Professional Match Play Championship, Dutch PGA Championship and the Dutch Masters. He also finished first in the Dutch Order of Merit six times since 1990. Van der Velde holds a Bachelor of Science degree from Boston College University in Chestnut Hill, Mass., where he captained the BC golf team. He's a Class A member of both the British PGA and PGA of America.

"Since opening last summer, Tetherow has been honored with numerous awards including being recognized by Golf Magazine as the No. 1 Best New Course You Can Play in the United States," said van der Velde. "We look forward to continuing this tradition of excellence already established and remain dedicated on positioning Tetherow Golf Club as the premier golf experience in region."

No changes are slated to the existing membership program or operations. "Our acquisition of Tetherow does not change Tetherow's commitment to delivering a spectacular golf experience for our members and resort guests. We will continue to offer membership opportunities to residents of Tetherow and until the on-property resort is built will offer opportunities for golfers from throughout Oregon and beyond to experience Tetherow first hand via our resort play periods," said van der Velde.

Tetherow Golf Club is a par-72, 7,298-yard layout designed by Kidd, the same architect who designed the original course at Bandon Dunes and the new Castle Course, the seventh course at St. Andrews, Scotland. Since opening last July, Tetherow was honored by Golfweek as one of the Best New Courses for 2008, ranked as one the Top 10 New Courses in the country by T&L Golf, and recognized as one of Links Magazine's Premier Properties. Recently Tetherow was named by Golf Magazine as the No. 1 Best New Course You Can Play in the U.S. Tetherow is also the first course in Oregon to become a Certified Audubon International Signature Sanctuary by Audubon International.

Located near downtown Bend, Tetherow is the centerpiece of a 700-acre residential community. The community spans high-desert terrain and includes 379 housing lots ranging in price from mid-$300,000s to the mid-$700,000s, with acreage of 1/3 acre to over an acre. Tetherow also boasts an 18,000-square-foot clubhouse, a driving range, practice greens and short-game learning center. Tetherow is close to Mt. Bachelor Ski Resort, miles of hiking and biking trails, and world-class fly fishing and whitewater rafting on the Deschutes River.

For more information, call toll-free 866/234-4848 or visit