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City of Boca Raton buys foreclosed golf course, plans renovations

By |  March 5, 2018 0 Comments

The $24 million deal to buy a shuttered golf course in Boca Raton has finally closed, according to The Real Deal.

The city of Boca Raton and its Greater Boca Raton Beach and Park District bought the former Ocean Breeze Golf Club, a 27-hole golf course which was seized the property through foreclosure in 2016.

In September, the city approved spending $24 million to buy the site. Park district officials estimate that the cost to design and renovate the golf course could total more than $18 million, The Real Deal said.

The Real Deal article went on to add a breakdown of the funds into: $12 million to renovate the shuttered golf course, $2.2 million a year for maintenance, roughly $2.5 million to rebuild the club house.

In January, Sun Sentinel reported that the grounds of the former Ocean Breeze Golf Course would reopen as Boca National Golf Club, and once city officials selected one of the design firms — 15 design firms had thrown their hats into the ring for the project — the course could open by late 2019 or early 2020.

The 15 firms that responded to a request for proposals are: Arnold Palmer Design Co.; Dusenberry Golf Course Design LLC; Greg Norman Golf Course Design; Hills & Forrest International Golf Course Architects; Jan Bel Jan Golf Course Design; Kipp Schulties Golf Design Inc.; Lehman Design Group; McCumber-Wright Venture LLC; Nicklaus Design; Fazio II Design Team; Rees Jones Inc.; Richard Mandell Golf Architecture; Robert Trent Jones Golf Course Architects; Staples Golf Design; and Vincent Design.

This is posted in Course of the Week

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