Hollywood may redevelop municipal golf course

Miami /
Nov.November 27, 2015 02:30 PM

The City of Hollywood is preparing to ask developers for proposals to redevelop the city’s money-losing Orangebrook Golf & Country Club.

Orangebrook is the largest of three municipal golf courses in Hollywood with 36 holes and spans 240 acres.

But it has become a financial burden for the city. Orangebrook’s costs exceeded revenue by more than $2 million from 2011 to 2014, including a deficit of $419,530 last year alone.

One possible approach to redevelopment is transferring one of the two 18-hole courses to a developer in exchange for an upgrade for the other course.

Voter approval would be required for a redevelopment of Orangebrook to proceed because deed restrictions require that the land remain open space.

 

The redevelopment proposal could appear on the ballot as soon as November of next year, Raelin Storey, a city spokeswoman, told the Sun-Sentinel.

Hollywood Commissioner Dick Blattner said the city should determine the best use of the land at Orangebrook, located west of Interstate 95 between Hollywood Boulevard and Pembroke Road.

Blattner told the Sun-Sentinel  that golf courses “are closing all over. It has to do with the fact that the property is too valuable to be used as a golf course.”

Blattner also said it makes sense to determine “if we can get someone else to take that over an make it a good course and make it residential mixed-use.” [Sun-Sentinel]  — Mike Seemuth           


Related Articles

arrow_forward_ios
Cortland Partners CEO Steven DeFrancis and 1900 to 2300 North 29th Avenue, Hollywood (Google Maps)

Cortland pays $92M for Hollywood apartment complex

Cortland pays $92M for Hollywood apartment complex
Robert Suris and a rendering of the project

Hollywood approves downtown demolition, paving way for mixed-use apartment project

Hollywood approves downtown demolition, paving way for mixed-use apartment project
Todd Jones and Albert Banalloun, with a rendering of the project (Credit: Fisher Architects)

Hollywood Publix with boat dock advances

Hollywood Publix with boat dock advances
Josh Zegen of Madison Realty Capital and 777 North Ocean Drive, Hollywood (Google Maps)

Madison Realty closes on Costa Hollywood Beach condos for $43M

Madison Realty closes on Costa Hollywood Beach condos for $43M
Jorge Perez and Apogee Beach

Jorge Pérez lists Apogee Beach penthouse for $7.6M

Jorge Pérez lists Apogee Beach penthouse for $7.6M
Hollywood East and Vivian Dimond

Former H3 Hollywood rental tower lands $58M refi ahead of completion

Former H3 Hollywood rental tower lands $58M refi ahead of completion
The Hollywood waterfront home

Hollywood waterfront home sale sets new record for the city

Hollywood waterfront home sale sets new record for the city
Related Group Senior VP of Development Bill Shewalter and a site plan of the project (Related Group)

Related plans low-rise multifamily project in Hollywood

Related plans low-rise multifamily project in Hollywood
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...