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Two Country Club developments continue battle to survive

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  • Palmira Club Operations

    Read the letter from Ronto Developments to the Palmira Golf and Country Club membership announcing the suspension of club operations.

Palmira Golf and Country Club

28501 Matteotti, Bonita Springs

Quail West Golf & Country Club

6289 Burnham Road, Naples, Fl

— Two country club developments near the Collier-Lee county line continued to grapple Friday with the bad economy.

Members of Palmira Golf and Country Club held a meeting Friday night to stay informed about what they can do to keep the club open. The Daily News wasn’t able to get into the gated community for the meeting.

The country club closed earlier this week, dismissing almost all of its employees, and its members have started a Web site, savepalmira.com.

The homeowners association has formed a committee, according to the Web site, in an effort to keep the club going.

Homeowners association President Bob Turner wrote, “I must ask each of you to please give the new working committee a chance to put together a package for the banks and for all our Palmira residences. It is critical that you keep your membership in place and hold off resigning until you hear from the Master Home Owners Association this week.”

Trouble also could be brewing at Quail West in North Naples.

Developer representatives on Friday were turning back rumors that the well-to-do community had been taken over by a bank, that the golf course would soon close and that new sales and construction have been suspended as its developer, Ginn Cos., continues to face financial woes.

“I can tell you that we are obviously being very careful of sales efforts and we are respecting the wishes of the lenders that we take a step back,” said Ryan Julison, Ginn spokesman.

The golf course remained opened Friday and agents continued to answer the phones at the sales office. Employees referred all questions about operations to Julison.

Ginn-LA, an affiliate of the highly successful development company founded by Bobby Ginn in Celebration in Central Florida, failed to make interest and principal payments in June on $675 million of debt it owes on Quail West and three other resort communities in Florida, North Carolina and Grand Bahamas.

Ginn has been negotiating with its lenders, who agreed to delay their right to foreclose on the loans.

On Friday, Julison said the community hasn’t been foreclosed on. A blogger on the Naples Daily News Web site said it was seized Thursday at around 1:30 p.m.

“That’s completely false,” Julison said. “Negotiations continue and we hope for a positive resolution.”

“Whatever happens we are continuing to work hard to protect our members’ interests,” he said.

Ginn Co. purchased Quail West in April 2005 for $63.5 million from the original developer, based in England, and since then has invested millions in the community.

Chris Dovorany, a Realtor with Coldwelll Banker Residential Real Estate Inc. in Naples, who has listings in Quail West, said she heard a few days ago that construction workers building in the community were let go.

“The workers have been laid off,” she said. “That is what I was told.”

Naples real estate expert Ross McIntosh, broker for The Bidder’s Broker, said he understood new sales were suspended as of Friday.

“My take on it would be you shut down sales and everything else is next. But nobody has told me anything else is next,” he said.

Quail West _ on the edge of Bonita Springs, just east of Interstate 75 _ spans 1,180 acres on the Lee-Collier county line.

Comments

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With every dark day in life there is also a ray of sunshine that penetrates the clouds. It is sad those golf courses in Palmira and Quail West will be closed but it will be an excellent opportunity to relocate trailers to those displaced from the East Bonita flooding. This will give those hard working families a new beginning and also the shareholders of those financially distraught communities a new source of rental revenue and commitment to community. God Bless America.

#1 Posted by strigiformes on October 3, 2008 at 8:56 p.m. (Suggest removal)

Now that is funny, I dont care who you are...

#2 Posted by workattack on October 3, 2008 at 9:10 p.m. (Suggest removal)

I'm an infrequent golfer ( breaking 100 is a big achievement) but fact is the number of rounds being played has been slowing for years. There are many examples of private clubs folding and becoming public courses and others where the land has been turned back for residential development. The problem here is that courses in the middle of an upscale S/D have few options - maybe only one - a wealthy Arab oil potentate........

#3 Posted by progressivedem on October 3, 2008 at 9:14 p.m. (Suggest removal)

Or allowing non-member scum (like me) to come play for a fee. The members don't like it because they paid $100K just to join.

We golf off season as much as possible and support the courses when the "Fat Cats" are up north. Let them play "in season" and get some local revenue off peak...

#4 Posted by workattack on October 3, 2008 at 9:31 p.m. (Suggest removal)

These stories are likely to become more commonplace. I heard from a reliable source that two of the valet parking attendants from the Port Royal Club had been layed off. Downturns in the economy will affect us all regardless of our station in life.

#5 Posted by LGoldstein on October 3, 2008 at 10:26 p.m. (Suggest removal)

Hey Workattack: let me get this straight. You are not able to make enough money, most likely due to lack of education, or strong work ethic, little common sense, or all of the above, and you revel in the fact that people who did earn every dollar they have, elected to pay good money to join a club, and now the developer is screwing them is something you think is cool. How about picking the rock you slithered out from under up and go back in your dark little hole. Golf is too good a game for jealous little people like you.

#6 Posted by sowestfla1975 on October 3, 2008 at 10:48 p.m. (Suggest removal)

Whatever happened the new TPC club being built along east 41? Seems like about a year or so ago they were stating that only 9 holes were opening due to the "drought." Now I'm sure they were referring to the money drought and not a lack of rainfall.

#7 Posted by rasputin on October 4, 2008 at 12:01 a.m. (Suggest removal)

I don't think it's cool that anyone gets screwed. If they can't get enough $$$ from you then I guess they will close... Or they can go semi-private (and I'll have a single malt scotch at the bar with you)

Just break out your checkbook. You can afford it...

I'm going golfing... Later!

#8 Posted by workattack on October 4, 2008 at 7:30 a.m. (Suggest removal)

Any new concerning Kensington?

#9 Posted by thelight on October 4, 2008 at 7:36 a.m. (Suggest removal)

So, when a private club goes bankrupt, are the members then responsible for the depts of the club? That could really get expensive.

#10 Posted by naplesdad on October 4, 2008 at 8:02 a.m. (Suggest removal)

Time to check the books. Fraud, theft come to mind. Mismanagement. Jailtime

#11 Posted by jean on October 4, 2008 at 9:16 a.m. (Suggest removal)

Some of these members may have to use their GOLDEN PARACHUTES of millions to save the Club! Bet they won't!

#12 Posted by KR on October 4, 2008 at 9:28 a.m. (Suggest removal)

don't feel bad. many more will be going under over the next 5 years.

#13 Posted by thedudesview on October 4, 2008 at 9:36 a.m. (Suggest removal)

Unlike Palmyra, the best model to insure that the Country Club remains open in hard times is one that requires mandatory membership of all homes within the community. In that way golfers are secure in knowing they'll get to play daily, members will have the fitness center available and of course all will get to dine in the private dining facilities.
Thus, unlike the situation at Palmyra where residents are secure in their homes instead of the membership being deprived of anything, if you fall on hard times, your "friends" will bar you from the facilities, sick their "attack dog" lawyer on you to lien and then forclose your home.
Which scenario is worse?

#14 Posted by chap914 on October 4, 2008 at 11:58 a.m. (Suggest removal)

sowestfla1975 - nice unwarranted attack on Workattack. Let me see if I understand your reasoning: Workattack says a good idea would be to let non-members play for a fee. Your response is to attack his/her station in life, integrity and intelligence. You sir, are an arse. Good day to you, sir!

#15 Posted by squall_line on October 4, 2008 at 12:08 p.m. (Suggest removal)

Thanks for your support Squall.

For the record I make good money, own a very nice home, and just figured that supplemental income during times when the Snowbirds are not playing may help pay for their shortfalls.

I'm not poor, have 2 kids and a wonderful wife and I just shot an 82 on 18 holes at a semi-private course. They appreciated our money.

Exclude whomever you want during prime season. I just thought some revenue might help from people who live here all year round.

It seems like everyone is uptight right now about finances.

I just want to get out and golf... Otherwise I'm fine...

#16 Posted by workattack on October 4, 2008 at 12:54 p.m. (Suggest removal)

techie for the first time, I think your typical one line zinger is amusing.

sowestfla1975: I think squall_line summed it up nicely in his comments.

We used to live in one of these private communities. We had the money, education and all the rest...and we earned it all through hard work, however, because we value our hard earned money, we purposely made a decision to NOT live in isolation from the rest of the world AND not to put those hard won assets at risk. Why do I say risk? Because the expenses to run such enclaves never stop rising. Most folks we know who are really well off are more conservative with this kind of blank check.

Real estate "investment" is not always profitable or without risk.

While, unlike workattack, I am not a golfer (used to be, but gave it up because I am allergic to many of the chemicals used on courses), but I think it makes common sense to boost revenue. In other parts of the state this is common. In fact, many of the club restaurants open to the general public during off season and help their revenue stream as well.

#17 Posted by BlueTonguedVole on October 4, 2008 at 3:26 p.m. (Suggest removal)

Maybe we can grow beans.........Si?

#18 Posted by Paradise on October 4, 2008 at 3:54 p.m. (Suggest removal)

LieStopper,

I'm as straight up as they come. I like to stir it up for fun but your bitterness is stronger than a double espresso from Starbucks...

You got to get out of house and get some fresh air...

#19 Posted by workattack on October 4, 2008 at 5:23 p.m. (Suggest removal)

(This comment was removed by the site staff.)

#20 Posted by floridasun on October 5, 2008 at 12:23 p.m.

Since this thread has turned into Liestopper doesn't like workattack and has lost it's focus,
I have bumped the "Me no like workattack" thread to www.bonitaspringsbirdsanctuary.com.

Hopefully this will allow the folks at Palmira a clear forum to discuss the concerns of their community amenities.

#21 Posted by workattack on October 5, 2008 at 4:04 p.m. (Suggest removal)



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