Billy Casper Golf(BCG), headquartered in Reston, Virginia, has been selected by the Spanish Wells Community Association (SWCA) to manage its Golf & Country Club in Bonita Springs, Florida. The residents of SWCA voted in favor of purchasing Spanish Wells Golf as part of their endeavor to protect open space and increase home values. With assistance from Wells Fargo Bank, SWCA secured a loan from Centennial Bank to make the purchase.
Following the acquisition, SWCA sought out an established golf management company to fit its needs. Billy Casper Golf, the highly respected and innovative management company with over 150 golf courses, country clubs and resorts, and over 25 in Florida, was chosen. Under the 10 year license agreement, BCG will oversee course and property maintenance, staffing and training, clubhouse activities, golf instruction, merchandising, marketing, public relations and special events. They will assume financial management with 75% of net revenues being reinvested back into Spanish Wells Golf.
“The acquisition of the Golf Club by the Spanish Wells Community Association created the ultimate synergy between the golf course community and its club facilities, aligning community goals to increase both the experience and value for residents and guests,” says Joe Goodrich, Executive VP at Billy Casper Golf. ” We are excited about this opportunity as it represents a replicable model for how residents of golf course communities can assume control over their golf course, and ultimately protect open space, community lifestyle and property values.”
Spanish Wells Golf operations willbe locally-managed by a professional BCG golf and agronomic team, and supported by a regional and national company team that provides expert guidance and direction in all facets of the business. BCG will work with SWCA to develop a long-range capital plan based on market opportunities and feedback from residents. Together, the BCG/SWCA partners will plan and implement the best practices in course management, agronomic care and marketing.
“Billy Casper Golf’s impressive track record in situations like ours, and strong Florida presence- gave us confidence our club will thrive under their management,” says Bill Vandergrift, SWCA Board President.
In addition to 27 championship player-friendly holes designed by Gordon Lewis in 1979, Spanish Wells Golf boasts a state-of-the-art practice facility featuring an aqua driving range, pitching and chipping area, separate area for bunker work and a large putting green. Five sets of tees run from 6800 to 4800 yards, so everyone can enjoy the day on the links. The sprawling 32,000 square-foot clubhouse overlooks the beautiful golf and iconic fountain. Tennis, bocce, tropical landscaped pool, state of the art fitness center, diverse dining options and beach shuttle are just some of the amenities at Spanish Wells. They have resident and non-resident memberships available. Go to SpanishWellsCountryClub.com for more information.
For information on BCG go to BillyCasperGolf.com or call 703-761-1444.