Former club members and residents formed Capital Canyon Club, LLC to purchase the Prescott, Ariz., property, which has spent the past two years closed after filing for bankruptcy in 2012.
The long-awaited sale of the historic Hassayampa Golf Club is official, and the new owners pledge it will re-open next year, the Prescott (Ariz.) Daily Courier reported.
The ownership group Capital Canyon Club, LLC announced that it has purchased the club that first opened in 1919 but has spent the past two years closed after filing for bankruptcy in 2012, the Daily Courier reported.
“We are very excited to announce our recent purchase of the Hassayampa Golf Club,” the new ownership group wrote to members of the Hassayampa community on Friday. “We are a group led by former members and residents of the community. You can count on us to bring to you the highest quality golf club you deserve.
“We are committed and honored to launch something very special for our shared community with his new concept for the club.”
The group also says it will re-open the course “sometime in 2015,” and pledges lots of construction renovation over the next seven to eight months, the Daily Courier reported.
Also announced is the hiring of Jeff Raymond as General Manager. Starting October 1, according to the statement, Raymond will be on site discussing memberships.
The 18-hole course had been owned by Scottsdale-based Desert Troon, which is the Hassayampa community and its course’s original developer. Desert Troon regained ownership of the course in November 2012 when talks apparently broke down to sell it to Arnold Palmer Golf Management of Dallas, the Daily Courier reported.
After the club originally opened back in 1919, it closed in 1969 after a 50-year run. The course then lay dormant and discarded for almost 30 years after that before a group of local golfers and citizens worked with Desert Troon to acquire the property and re-open in August of 1996 a picturesque, Tom Weiskopf-designed course with elevations ranging from 5,200 to 6,000 feet, the Daily Courier reported.
“Hassayampa has the three natural features that every architect wishes for, big trees, natural streams and very significant elevation changes,” Weiskopf said on Hassayampa’s website. “Land as spectacular as Hassayampa deserves nothing less than a superior golfing experience.”
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