Matanzas residents are back to square one, between a rock and a hard place. A small but vocal minority would settle for nothing less than a rehabbed golf course, but that’s not likely to happen.
Palm Coast, FL – December 30, 2013 – At the end of the due diligence period, Jim Cullis, head of Grand Haven Realty, has pulled out of a contract to purchase the closed Matanzas Woods golf course. When the contract was signed, Cullis told GoToby.com that buy-in from local residents would be needed before he would move forward with his plan to combine new residential construction with a linear park on the site. That buy-in didn’t happen.
While several residents understand that the probable $5 million price tag to rehab the course and build a new clubhouse was economically prohibitive, a vocal minority is unwilling to consider anything less than a rebuilt golf course.
Cullis had hoped that Matanzas residents would coalesce around a plan to combine 100 to 150 residential housing units with a linear park which would essentially follow the layout of the closed golf course. This plan would have assured that those who once had golf course views would have park views. Plus, the northeast section of Palm Coast would get a new park.
Matanzas, once the jewel of local golf courses, was a victim of bad timing. It had been closed for major redesign and reconstruction when the real estate bubble burst. When the music stopped, this golfing gem’s chair was gone. The only aspects of the course still salvageable are grading and contouring. Everything else must be constructed from scratch. The overbuilt golf industry continues to reinvent itself to adjust to changing demographics. No long term solutions are in sight. Matanzas will probably not be rebuilt in my lifetime.
Those who insist on a rebuilt Matanzas golf course are not being realistic. Neither fervent wishing nor political pressure can force an owner to build a golf course on the site. Meanwhile, their obstructionism will negatively affect their property values and those of their neighbors.