Search

Golf course, facilities at The Bluffs on Thompson Creek closed, put up for sale - The Advocate

bermudalagi.blogspot.com

The golf course and recreational facilities at The Bluffs on Thompson Creek closed Monday, after the owner said he grew tired of subsidizing the costs of the Arnold Palmer-designed facility near St. Francisville.

“I wish them nothing but well,” said Jerry Dodson, the Baton Rouge attorney who owns the golf course, tennis courts, swimming pool, nature trail and fitness center at The Bluffs. But Dodson said he tired of not making money off the facilities. “I did my best, but it did not work out.”

Bluffs owners have ambitious strategy

ST. FRANCISVILLE — The Bluffs Golf Resort in West Feliciana Parish is about to undergo a renaissance, thanks to a pair of new investors.

Dodson and his business partner, Kenneth Carter, bought the Bluffs and several adjacent tracts in 2015. At the time, the two laid out several potential developments, including a retirement village, conference center, lodging and other amenities.

But Dodson said the course failed to generate enough money and needed to be subsidized by the owners. The two men began negotiating to sell the properties to a nonprofit of Bluffs property owners and other members in May 2018. Carter died of a stroke a few months later.

In April 2019 a group of Bluffs residents bought the golf course from Dodson and Carter’s successors for $3.15 million. Dodson said he loaned the new owners money and they gave the property back to him in June 2020.

Twice daily we'll send you the day's biggest headlines. Sign up today.
'Deadlocked': Ownership dispute casts uncertainty over future of Bluffs Golf Resort

Three years after buying The Bluffs Golf Resort in St. Francisville with ambitious redevelopment plans, the two families that own the properti…

Dodson said he spent $1.5 million making improvements to the Bluffs, such as refurbishing the clubhouse into the Feliciana Reception Center and rebranding the restaurant into the Palmer Grill. “We were under the belief that if we did this, it would drive traffic,” he said.

He ended up spending about $300,000 a year to subsidize the costs of operating the golf course and recreational facilities.

Dodson said he’s trying to sell the golf course and amenities, but is open to donating the golf course back to Bluffs property owners. “I want to cooperate any way I can,” he said. “I do not want to hurt home values.”

The Bluffs on Thompson Creek golf course sold for $3.1 million to group of community residents

A group of community residents have purchased The Bluffs on Thompson Creek golf course for $3.15 million, ending a dispute over the future of …

Adblock test (Why?)



"course" - Google News
September 29, 2021 at 03:13AM
https://ift.tt/3ATdaoD

Golf course, facilities at The Bluffs on Thompson Creek closed, put up for sale - The Advocate
"course" - Google News
https://ift.tt/35q9ps5
https://ift.tt/35rCFi1

Bagikan Berita Ini

0 Response to "Golf course, facilities at The Bluffs on Thompson Creek closed, put up for sale - The Advocate"

Post a Comment


Powered by Blogger.