The club in Providence Forge, Va., which was closed six months ago by Traditional Golf Properties, is under contract to be purchased by Wingfield Golf, which also owns the nearby Club at Viniterra and manages the neighboring Brickshire Golf Club. Wingfield would not disclose the sale price but said it plans to invest around $2 million to restore Royal New Kent GC, with a goal of reopening in the spring of 2019.
Royal New Kent Golf Club in Providence Forge, Va. is under contract to be purchased by Greenville, S.C.-based Wingfield Golf, Richmond (Va.) Biz Sense reported, six months after it was left dormant by its owner.
Wingfield Golf, which also owns the nearby Club at Viniterra and manages the neighboring Brickshire Golf Club, was expected to close on the deal on June 1, CEO Barton Tuck told Richmond Biz Sense.
Tuck would not say how much his company is paying for the course, but said it plans to invest around $2 million to restore it with a goal of reopening by spring 2019, as part of its drive to add to its established stake in the central Virginia market.
“We’re doing a lot of work and spending a lot of money,” Tuck said.
Royal New Kent was shuttered toward the end of 2017, as it and sister clubs Brickshire and Stonehouse were put up for sale by their shared owner, Traditional Golf Properties, Richmond Biz Sense reported.
Stonehouse shut down around the same time and remains closed. Brickshire, which has remained open, was purchased in March by its surrounding homeowners association for $2 million.
Traditional Golf has owned Royal New Kent and Stonehouse since 2001, Richmond Biz Sense reported. It paid $5 million for each course that year, according to county real estate records. It has owned Brickshire since 2010, paying $425,000 for the course.
To bring Royal New Kent’s golf course back to life, Tuck told Richmond Biz Sense, Wingfield plans to redo the bunkers, which includes the purchase of 1,500 tons of sand. It also will convert the greens from bentgrass to champion Bermuda grass, along with upgrades to the irrigation system, pump station and clubhouse.
But restoring the course won’t be an easy task, Tuck added. “It is a disaster,” he said. “I’ve been around golf a long time. You see courses where the grass goes to hell. But things that were fixed [at Royal New Kent] were fixed incorrectly and rigged. The drainage system out there is a disaster. All that will be taken up and replaced.”
Tuck told Richmond Biz Sense that Wingfield will look to restore Royal New Kent more in line with its original design from 1996, when it was designed by the late Mike Strantz, a course architect who designed only seven or eight courses before his death at age 50.
“All of them have the same feeling of the Irish or Scottish design,” Tuck said of Strantz’s work. “They’re all hard as hell, but they’re all interesting.”
In making the leap to buy another course in New Kent County, Tuck told Richmond Biz Sense that he likes the idea of a marketing trifecta between Royal New Kent, Brickshire and Viniterra, which Wingfield purchased in 2012.
“That gives us a triple play, and we’re going to promote that heavily,” he said. “I think all three will help each other. They play different, they look different and I think customers will enjoy playing all of them.”
Tuck told Richmond Biz Sense that his confidence about the area was boosted by momentum in the economy of New Kent County, which has recently been in the spotlight as a potential location for a sprawling casino being pondered by the Pamunkey Indian Tribe, as well as the expected reopening of Colonial Downs.
While Stonehouse was also designed by Stranz, Tuck said he doesn’t have any interest in purchasing that property.
Hilda Allen, a broker enlisted by Traditional Golf to sell the three courses, said Stonehouse has yet to find a formal suitor. The Stonehouse homeowners association had considered making a run at the course, but voted last month against the idea, Richmond Biz Sense reported.
“We have people that want to buy it,” Allen said. “They are looking for partners and we’re trying to get the [Stonehouse] homeowners association to do something kind of like Brickshire.”
Allen said it’s a hot time for golf properties in the region, though not all are being purchased to remain as golf courses.
Of Allen’s three other listings in Virginia, Richmond Biz Sense reported, King Carter Golf Club in Irvington, Va. and Cypress Creek Golfers Club in Smithfield, Va. are both under contract, while Water’s Edge Country Club in Penhook, Va. was just listed.
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