Members band together to save a golf course from closing
By mustang6560 on 5/30/12
Here is a really cool story out of South Carolina filed by the New York Times.
With dozens of golf courses closing nationwide because of failed real estate developments, the Timberlake club is an example of a new model in the industry. Rather than watch home values plummet as a lush golf course is abandoned, nearby residents are banding together to buy the course — even if it means running it themselves.According to the story, not every member takeover is a success story, but it seems like the members acted in time to save Timberlake. It's really cool to see people come together to save their course - even if it means investing sweat equity. I'm sure in the long run it will make them feel more connected to the course so they can truly say it's their home course.
Image via Flickr, Ungaio
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