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City, County May Block Development at Three Golf Courses

WINTER SPRINGS, FL-Banc of America Strategic Solutions Inc. repossess the properties from Meadowbrook Golf Inc. and is asking a total $7.28 million for the assets. The courses are at Sabal Point Country Club, Winter Springs Golf Club and Twin Rivers Golf Club.

By Alex Finkelstein | Updated on March 01, 2006

WINTER SPRINGS, FL-Three financially ailing metro Orlando golf courses, totaling an estimated 525 acres, are on the selling block. However, local government officials say they will block all residential and commercial development so that the green space may be preserved for the public in three communities.

Officials at Seminole County and the cities of Oviedo and Winter Springs are considering buying the courses for their residents if a newly commissioned study by the Jupiter-based National Golf Foundation shows they can afford the purchase, sources in a position to know at the three governmental groups tell GlobeSt.com.

The properties are the 6,589-yard Winter Springs Golf Club course at 900 W. State Rd. 434, Winter Springs; the 6,603-yard Sabal Point Country Club course at 2662 Sabal Club Way, Longwood; and the 6,683-yard Twin Rivers Golf Club course at 2100 Ekana Dr., Oviedo. The courses have been on the market since June 2005.

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