What Happens to Closed Golf Courses and Country Clubs? Risks and Rewards
- Intense zoning debates arise from closed golf courses and country clubs
- Prominent investors are making big spends on these properties
- Several multimillion-dollar projects are being developed on these sites
- Insiders say the situation involves a mix of big risks and high rewards
As golf courses and country clubs close down, they create a unique opportunity for investors and developers. These properties often lead to intense zoning debates and require significant investments, but they also offer the potential for high rewards through multimillion-dollar projects. While the risks are considerable, the potential for growth and development in these areas is undeniable. It will be interesting to see how these projects unfold and impact the surrounding communities, including residential real estate markets.
Orginal article: Link To Article – provided by Kansas City Realtors