The 104-year-old club in suburban Minneapolis voted against selling to Concert Golf Partners and will remain self-managed. “Contrary to published reports, Golden Valley Country Club is not bankrupt, nor are we approaching bankruptcy,” said President Drew Fernholz. The club is engaging restoration expert Keith Foster to complete a master-planning project for its A. W. Tillinghast-designed golf course and is also launching a new “Friends and Family” membership initiative.
The California-based owner-operator plans to make more than $1 million in improvements, including expanding and renovating the fitness center, upgrading the reception area and upgrading outdoor dining. According to an article in The Palm Beach Post, members of Indian Spring Country Club (Boynton Beach, Fla.) voted 221-2 to sell the club for an undisclosed price to Concert Golf […]
The Huntingdon Valley, Pa., club was built in 1907 and purchased by Concert Golf Partners in March. The new owner is planning a series of renovations that will touch on the dining facilities, pool area, grille room, fitness center, and bunkers on the North Course, as well as a redesign of the 18th hole. New […]
Through the partnership, the Malvern, Pa., facility has paid off all debt, lowered annual dues by 10-15%, and barred any future assessments to the membership. The property will undergo $1 million in capital projects, including greens renovations, new swimming pool amenities, outdoor dining, and a new fitness center.
The membership of the Malvern, Pa. club received an electronic invitation to take part in a vote on Friday, December 16, according to a local newspaper’s report. Since news of a possible sale began to circulate, several locally based parties have also come forward as potential buyers, the report said.
Under new ownership since May 2015, the Augusta, Ga., property has introduced casual dining options, spa services, a youth room and a kid-friendly water slide at the pool, and reports it is no longer hemorrhaging members. At the nearby Jones Creek Golf Club in Evans, Ga., General Manager Ray Mundy also emphasized the importance of creating a “lifestyle club,” noting that golf has become the “four-hour game in a four-second world.”