After nearly 40 years of operation, the Colorado Springs, Colo. course, built as the centerpiece of what was originally the Donala residential community, will now shut because rounds and revenue have declined while costs for water and other expenses have increased. The club’s pool, Palms Restaurant and banquet facilities will stay open, it was announced.  

Gleneagle Golf Club in Colorado Springs, Colo. will shut its golf course on November 1 after nearly 40 years of operation, the club announced on October 3, according to a report in The Colorado Springs Gazette.

In a news release, the semi-private club said the decision was made because of a declining number of golfers and revenue, and increasing costs for water and other items.

The club’s pool, Palms Restaurant and banquet facilities will remain open and be available for weddings, banquets and parties, The Gazette reported.

Rick Evelo, the club’s General Manager and Superintendent, and Dean Jones, the club’s Marketing and Public Relations Director, were not available for comment and did not respond to an e-mail message, The Gazette reported.

The 18-hole, Frank Hummel-designed course was built as the centerpiece of the 800-acre Donala residential development, now called Gleneagle, in the early 1970s.

MCTN LLC, a Nevada limited liability company set up by Atlanta, Ga.-based Mad River Holdings Inc. and the Miles and Denise Scully Trust, bought the 135.4-acre course in 2003 for $825,000, according to records from the El Paso County Assessor’s Office and the Nevada Secretary of State’s Office, The Gazette reported.

Miles Scully, assistant managing partner of the San Francisco-based law firm Gordon & Rees LLP, did not respond to a telephone message left at his office, The Gazette reported.

In the Colorado Springs market, the Appletree Golf Course closed in 2006 and the Monument Hill Country Club closed its course between March and June of this year, when new owners took over, The Gazette reported.