walkitout (walkitout) wrote,
walkitout
walkitout

country clubs/golf courses and property developers

R. sent me this:

http://www.bizjournals.com/boston/real_estate/2011/11/fallout-on-the-fairways-the.html

It describes several small, aging country clubs/golf courses in the region which are transitioning ownership and in some cases slated for residential development. Locally, Quail Ridge is included.

http://www.wickedlocal.com/boxborough/features/x387122084/Acton-country-club-may-site-of-55-plus-housing

If I understand that article correctly, it used to be owned by someone named Ron Peabody, then was owned by QR Properties (QR looking a lot like standing for Quail Ridge) but then went through BK and was bought by Pulte. Somewhere along the line, the turn the 18-holes into 9 holes and build 55+ housing on the remainder plan was started, which is being carried forward by Pulte.

This fits well with two large themes I am pursuing: (a) the economy is recovering (including housing) but it is a treacherous environment and the pace of the recovery is glacial and (b) infill housing.
Subscribe
  • Post a new comment

    Error

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
  • 1 comment