The Pellucid Perspective - November 2019 - 16

COMINGS
& GOINGS

Typical End-of-Season; 43 Activities
Hit the Radar

B

ack in January, we reported on the closing of the San
Geronimo Golf Course in West Marin, CA. This privately-owned course lost money for years. Major management companies couldn't make it profitable mostly because
of location. It's a beautiful place in West Marin, just not easy
to get to in a county that by Pellucid metrics, has a remarkably
low number of golfers. The powerful non-profit Trust for Public
Lands now owns the course and wants to preserve the open
green space and assure protection of a Coho salmon habitat - it's
not far from the Pacific coast. The land will never be developed.
But that's not stopping people from trying to save the course.
Enlisting the help of the San Francisco Public Golf Alliance,

which successfully saved the municipal gem Sharp Park from
rabid environmentalists, 12,000 Marin County residents have
signed a petition to place the survival of the course on a ballot.
It's hard to imagine how they got 12K Marin hot-tubbers to
sign the petition. If each one played San Geronimo a couple
of times a year instead, the course could probably turn a profit.
Like in the movie "Frozen," our advice is to let it go.
We're considering a new category, Great Clips. It will feature
sold courses where the owner took a major haircut. This month,
bankrupt Chinese company HNA offloaded eight courses for
$86.6M it purchased just three years ago from Seattle-based
Oki Golf for $137M. A little more off the top, please.

Golf's landscape changes
Event

Course

DMA

Type/Holes

Summary

Open/Re-open

Copper Rock
GC

Salt Lake City,
UT

Public/18

Opens is Spring 2020. Part of new housing
development 30 miles northeast of St. George.

Cottonwood
Creek GC

Toledo, OH

Public/18

Along with Spuyten Duyvel GC (27 holes),
purchased by Metropark Toledo for expansion.
Still green, just no playable.

Brandywine
CC

Cleveland-Akron Private/18
(Canton) OH

Closed since 2018, will become part of the
33,000-acre Cuyahoga Valley National Park

Metcalf
Ridge GC

Kansas City MO

Public/18

City council declines to purchase. On GolfNow

Gulf Hills GC

Biloxi-Gulfport
MS

Public/36

Can't afford the maintenance.

Oak Lake GC

Pittsburgh PA

Public/18

Everything to auction on Oct. 26. "The family
decided that golf north of the Mason Dixon line
is not a growing entity." On GolfNow.

Willow Creek

Minneapolis-St.
Paul MN

Public/18

4 years of bad weather. On GolfNow.

Reames
G&CC

Medford-Klamath Falls OR

Public/18

200 acres will be put up for sale

Rogala Public Links

Champaign &
SpringfieldDecatur IL

Public/18

For sale

Bridgewood
GC

Green Bay-Appleton WI

Public/18

To be redeveloped.

Town Park
Villas Golf
Course

San Diego CA

Public/18

Locust Valley
GC

Philadelphia PA

Public/18

Eagle Crest
GC

Ft. Smith-Fayetteville-Springdale-Rogers AR

Closing Dec. 1. For sale.

Bermuda
Dunes CC

Palm Springs CA Private 27

Purchased by South Korea-based SJS Tomorrow with U.S operator Steele Canyon Golf Corp.
Equity club.

Closed

Transact

16 The Pellucid PersPecTive

Closing April 2020 for redevelopment - housing.
On GolfNow

November 2019



The Pellucid Perspective - November 2019

Table of Contents for the Digital Edition of The Pellucid Perspective - November 2019

TOC
Golferexit in the UK?
TopGolf in El Segundo CA, the “almost” deal?
Assumptions abound, facts...not as much
October Downward Draft Blows Through US
September’s Utilization Unicorn; Weather Up, Rounds Up More
Orlando Needs All of You to Golf at ’20 Industry Shows!
Typical End-of-Season; 43 Activities Hit the Radar
The Pellucid Perspective - November 2019 - TOC
The Pellucid Perspective - November 2019 - Golferexit in the UK?
The Pellucid Perspective - November 2019 - 3
The Pellucid Perspective - November 2019 - 4
The Pellucid Perspective - November 2019 - 5
The Pellucid Perspective - November 2019 - TopGolf in El Segundo CA, the “almost” deal?
The Pellucid Perspective - November 2019 - 7
The Pellucid Perspective - November 2019 - Assumptions abound, facts...not as much
The Pellucid Perspective - November 2019 - 9
The Pellucid Perspective - November 2019 - October Downward Draft Blows Through US
The Pellucid Perspective - November 2019 - 11
The Pellucid Perspective - November 2019 - September’s Utilization Unicorn; Weather Up, Rounds Up More
The Pellucid Perspective - November 2019 - 13
The Pellucid Perspective - November 2019 - Orlando Needs All of You to Golf at ’20 Industry Shows!
The Pellucid Perspective - November 2019 - 15
The Pellucid Perspective - November 2019 - Typical End-of-Season; 43 Activities Hit the Radar
The Pellucid Perspective - November 2019 - 17
The Pellucid Perspective - November 2019 - 18
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