Royal New Kent Golf Club was purchased by a South Carolina firm. (Michael Schwartz)A new owner has taken the keys to a shuttered local golf club, with plans to pump millions into bringing it back to life.
Royal New Kent Golf Club was sold June 1 to South Carolina-based Wingfield Golf.
The company, which also owns nearby Club at Viniterra and manages neighboring Brickshire Golf Club, confirmed last week it had been under contract to purchase Royal New Kent and its 282 acres.
Wingfield CEO Barton Tuck on Monday confirmed the deal’s closure, but did not disclose the purchase price. The transaction is not yet reflected in county records. The property was most recently assessed by the county at $2.2 million.
Tuck said the company plans to invest around $2 million to restore Royal New Kent with a goal of reopening by spring 2019.
“Now we’ve got a lot of work to do,” he said.
The 22-year-old course has been closed for play since the end of 2017, as it and sister clubs Brickshire and Stonehouse were put up for sale by their shared owner, Traditional Golf Properties.
Stonehouse shut down around the same time and remains closed. Brickshire was purchased in March by its surrounding homeowners association for $2 million and has remained open for play.
Traditional Golf, run by Paul Mauk, had owned Royal New Kent since 2001, the same year it purchased Stonehouse. It paid $5 million for each course that year, according to county records.
Tuck said Wingfield will look to market the threesome of courses between Royal New Kent, Brickshire and Viniterra, which it purchased in 2012.
Royal New Kent Golf Club was purchased by a South Carolina firm. (Michael Schwartz)A new owner has taken the keys to a shuttered local golf club, with plans to pump millions into bringing it back to life.
Royal New Kent Golf Club was sold June 1 to South Carolina-based Wingfield Golf.
The company, which also owns nearby Club at Viniterra and manages neighboring Brickshire Golf Club, confirmed last week it had been under contract to purchase Royal New Kent and its 282 acres.
Wingfield CEO Barton Tuck on Monday confirmed the deal’s closure, but did not disclose the purchase price. The transaction is not yet reflected in county records. The property was most recently assessed by the county at $2.2 million.
Tuck said the company plans to invest around $2 million to restore Royal New Kent with a goal of reopening by spring 2019.
“Now we’ve got a lot of work to do,” he said.
The 22-year-old course has been closed for play since the end of 2017, as it and sister clubs Brickshire and Stonehouse were put up for sale by their shared owner, Traditional Golf Properties.
Stonehouse shut down around the same time and remains closed. Brickshire was purchased in March by its surrounding homeowners association for $2 million and has remained open for play.
Traditional Golf, run by Paul Mauk, had owned Royal New Kent since 2001, the same year it purchased Stonehouse. It paid $5 million for each course that year, according to county records.
Tuck said Wingfield will look to market the threesome of courses between Royal New Kent, Brickshire and Viniterra, which it purchased in 2012.