Links Asset Trust signed a 50-year lease to operate the Lake Mary, Fla. club. Immediate improvements include overseeding the playing surfaces. In 2023, plans are to completely renovate the practice facility and the first floor of the two-story clubhouse, with second-floor renovations to follow in 2024. “We will continue to make improvements in specific areas of the golf course and clubhouse as we move forward,” says interim General Manager Ron Carlton.
Links Asset Trust, a company owned by the principals of Resort Development Partners, has signed a 50-year lease to operate Timacuan Golf Club in Lake Mary, Fla., with the goal of returning it to the standing it earned during its first two decades of existence, while converting the semi-private club to a private club. The company will have complete control over all operations while creating the true member experience at Timacuan.
“We are extremely excited to take over operations at Timacuan, one of the premier layouts and clubs in Central Florida,” said W. Douglas White, a Founding & Managing Partner at Links, whose group will officially close on the deal Nov. 16. “We have big plans for the club, the course, and the membership, many of which will be instituted right away. Timacuan will be the club Central Floridians want to be a member of.”
Members will see upgrades right away.
“Our plans call for renovations and upgrades in all areas of The Timacuan Club,” said interim General Manager Ron Carlton. “Our first major effort will be to overseed the playing surfaces in early November. We will continue to make improvements in specific areas of the golf course and clubhouse as we move forward.”
In 2023, plans are to completely renovate the practice facility and the first floor of the two-story clubhouse, with second-floor renovations to follow in 2024.
Membership will provide access to the amenities and other services provided at the newly renovated Timacuan Club. Members also have access to the company’s owned and operated facilities in North Carolina, Pennsylvania, Indiana, South Carolina, and Virginia. Members will have exclusive access to all club amenities. The club plans to offer golf, dining, and improved member practice facilities.
“The club will offer a non-equity membership to persons who desire an unparalleled private club and social experience and are approved for membership on a first-come, first-served basis,” White said. “Membership allows use of the club facilities by the member, his/her family members, and guests subject to the reservation procedures and other rules and regulations.”
The Ron Garl-designed layout hosted prestigious tournaments like U.S. Open Qualifiers, state championships and major junior competitions, and was ranked as high as No. 14 in Florida. U.S. Open Champion Graeme McDowell said of Timacuan: “It is a great layout with a links-like feel to it. It can be testy in places if you get off the beaten path, but it is a very fair course.”
But after several ownership and management overhauls, things changed. Course conditioning slipped, revenues dropped, and players and tournaments turned to other courses.
“I remember when Timacuan was the envy of golf course owners and managers all across Central Florida,” White said. “Well, we are going to return Timacuan to those glory days. We will restore this club to the prominent position it earned and occupied not that long ago.”
Timacuan joins the portfolio of Links Asset Trust properties under common ownership of Resort Development Partners. The team at Links will oversee all day-to-day operations. The first order of business will be to take Timacuan Club completely private. Current members of what has been a semi-private facility will have first options to join at a savings.