The 250-acre property in Holland (Mich.) Township is being purchased from the owner of Eastbrook Homes, which will maintain ownership of the surrounding property for the development of custom homes and condos on an additional 250 acres. Watermark currently owns four private and two public clubs in Michigan.
The Grand Rapids (Mich.) Business Journal reported that Watermark Properties has announced that it will purchase the 18-hole, 250-acre Macatawa Legends Golf & Country Club in Holland (Mich.) Township from Mick McGraw, the owner and CEO of Eastbrook Homes in Grand Rapids (Mich.) Township.
Watermark Properties currently owns four private golf clubs in Michigan, the Business Journal reported: Watermark Country Club in Forest Hills; StoneWater Country Club in Crystal Springs; Sunnybrook Country Club in Georgetown Township; and Thousand Oaks Country Club in Plainfield Township. It also owns two public golf courses in the state, The Ravines Golf Club in Saugatuck Township and Thornapple Pointe Golf Club in Cascade Township.
Under the purchase agreement for Macataw Legends, Eastbrook Homes will maintain ownership of the surrounding property for the development of custom homes and condominiums on an additional 250 acres, the Business Journal reported.
The deal includes the clubhouse, restaurant and banquet facility with seating for up to 300 people, pool, tennis courts, bocce ball court, pickleball court, fitness center and more recreational facilities, the Business Journal reported.
The purchase will be finalized on January 1, 2019, and Macatawa Legends will be closed from January 1 to April 15 for renovations, the Business Journal reported. The renovation will include remodeling the restaurant, clubhouse upgrades, golf course improvements and more.
Watermark is planning to add LiveGolf simulators for fall and winter use, as well as year-round lessons, said Craig Smith, COO of Watermark Properties.
“We are positioning the future to include many great enhancements to the property and the golf club,” McGraw said. “Watermark Properties’ purchase of the golf club will take Macatawa Legends to its greatest potential.”
Chris Sobieck, General Manager of Golf and Sports for Watermark Properties, added that his company is “looking forward to enhancing the already excellent course conditions” at Macatawa Legends GC and also to pursue plans to “build on the member experience and offerings.”