A local golf course might soon be under new ownership.
Independence Golf Club, a 12-year-old daily-fee club in Midlothian, is in the process of being sold, according to several sources with knowledge of the deal.
The club is owned by the nonprofit Virginia State Golf Association Foundation. Potential buyers include both local and out-of-town parties, the sources said. The course has not yet sold, but is in its later stages of a pending sale.
Eddie Swink, director of development at the VSGA Foundation, would not comment on the pending deal.
Several VSGA Foundation board members would not comment on the deal.
Independence opened in 2001 and is the centerpiece of the surrounding Founders Bridge residential development. It was designed by Tom Fazio and features an 18-hole course and a nine-hole short course.
The Independence property comprises about 250 acres and straddles the Chesterfield and Powhatan county line.
The total property was most recently assessed at about $5.5 million, according to the combined assessment from both counties.
The club has a 22,000-square-foot clubhouse known as the Charles House and is home to the Museum of Virginia Golf History.
The VSGA Foundation’s mission is to foster amateur and junior golf in the state.
The club’s major benefactors include Richmonders E. Clairborne Robins Jr. and Harry Easterly Jr.
Fees on the full course run between $45 and $65 Monday through Thursday and $50 to $75 on the weekends.
The local golf industry has had a rough go of it since the recession. Local courses have been sold, foreclosed on and put into bankruptcy as consumers cut golf out of their discretionary budgets.