The purchase of the 27-year-old private club in Charlotte, N.C. brings the Raleigh, N.C.-based ownership company’s total portfolio to 12 properties in the Carolinas and Tennessee. McConnell says it plans $4 million in improvements at Providence, including new fitness and activity areas and upgrades to the clubhouse and golf course.
McConnell Golf, the Raleigh, N.C.-based private-club ownership firm, confirmed its long-awaited entrance into the Charlotte, N.C. region with the purchase of Providence Country Club (PCC).
Located in southeast Charlotte, Providence Country Club was established in 1989. It features an 18-hole, Dan Maples-designed golf course that was redesigned by Mike Gleason in 2006. The club’s amenities include 14 tennis courts and aquatic facilities that include three swimming pools, and a newly constructed outdoor bar and dining area with a fire pit that were part of a 2014 renovation.
McConnell Golf said it plans to spend the next few years renovating the PCC golf course again using a well-known architect, while also providing numerous other substantial improvements around the club.
“We are planning major improvements at Providence Country Club during the next several years totaling around $4 million,” said Chief Operating Officer Christian Anastasiadis. “We will focus on new fitness and activity areas, along with the clubhouse and the golf course with a top-recognized architect firm. We expect PCC to be the best club in the area.”
Ken Elkins of the Charlotte Business Journal reported that Tom Fazio’s Fazio Design group was the preferred choice of the club’s members, who voted overwhelmingly earlier in February to sell to McConnell. “It was like 95 percent approval,” one member told Elkins.
McConnell Golf’s President and Owner, John McConnell, has been seeking to add a Charlotte-area course to his company’s portfolio for several years, Elkins reported. In 2010, McConnell had talks to buy Firethorne Country Club in Marvin, N.C., out of bankruptcy, but ClubCorp purchased that course as a part of a portfolio it acquired in March 2015.
McConnell Golf’s announcement of the PCC acquisition included John McConnell’s acknowledgement that he has “long sought to acquire a country club in the Charlotte market.”
“Along with giving us a truly outstanding club in a fast-growing urban area, Providence provides close proximity to several of our other courses,” McConnell said in the announcement. “This deal ties together our entire network of clubs, particularly our corporate memberships.”
PCC becomes McConnell Golf’s 12th private golf club property; the company’s portfolio now includes a total of 225 golf holes in the Carolinas and Tennessee.
McConnell Golf clubs in North Carolina include Raleigh Country Club and TPC at Wakefield Plantation in Raleigh’ Sedgefield Country Club’s Ross Course and Dye Course in Greensboro; Old North State Club in New London; Treyburn Country Club in Durham; Brook Valley Country Club in Greenville. and The Country Club of Asheville.
In South Carolina, McConnell Golf owns The Reserve Golf Club in Pawleys Island and Musgrove Mill Golf Club in Clinton. McConnell Golf also manages the Grande Dunes Members Club and Ocean Club in Myrtle Beach.
At the end of 2015, McConnell Golf purchased Holston Hills Country Club in Knoxville, Tenn., a 1927 Donald Ross-design that became its first club located outside the Carolinas (http://clubandresortbusiness.com/2016/01/04/mcconnell-golf-acquires-holston-hills-cc/).
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