Fore!…Golf Course Communities’ Double Bogey


 

Golf Course Development

Golf Course Development

“Golf is for people who don’t hate their lives enough already.” – Lewis Black (comedian)

A recent article from the Washington Post, “Golf Course Communities’ Double Bogey,” discusses the decline in the demand for “golf course communities” which is essentially a subdivision with a golf course.  The article cites Ed McMahon of the Urban Land Institute.  He’s the same Ed McMahon who gave a highly visual and informative presentation on Implementing Better Models for Development in Pennsylvania at Allentown’s Symphony Hall and a day-long workshop for municipal officials (so they can implement those better models) last January.  

The Wash Post’s article includes the following gems:

It wasn’t long ago that real estate developers could build a golf course community and collect a $30,000 premium from customers who might not have even played golf, but aspired to the country club lifestyle. 

AND

60 to 80 percent of people who live in golf communities don’t play the sport, said Edward T. McMahon, a senior resident fellow at the Urban Land Institute in the District. 

The 60-80% statistic is one that McMahon shared in his local presentation.  I think it bears repeating.  It’s understandable that people would want to live near open, green space with a pond or two.  I think that sounds pretty good.  A nearby public park or green space preserved in a development through “conservation by design” provide the same desired result at a fraction of the cost.

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Posted on August 22, 2008, in Housing, Media Coverage. Bookmark the permalink. Leave a comment.

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