Residents Welcome Re-Opening of Crescent OaksGolf Club

Crescent Oaks Golf Club Now Open To The Public

Residents Welcome Re-Opening of Crescent OaksGolf ClubCrescent Oaks Residents showed up in force to welcome their newly renovated and re-opened golf club. Over 170 people participated last Friday in opening ceremonies with 100 golf carts, many decorated in themes from Gypsies (a take on golfers having to play other courses) to Rays, Gators, Seminoles, and Halloween themes.

Crescent Oaks Golf Club closed its doors nearly a year ago when prior owners defaulted on $2.1 Million in debt and turned the course back to the bank. It joined other courses like the Eagles, Emerald Greens and others that have fallen on hard times with the economy. Ace Golf bought Crescent Oaks in mid-September but has been installing new greens and renovating since July.

"Some prior Crescent Oaks members would say the club failed due to poor management," says new owner Bill Place of Ace Golf, "but it really was a victim of poor market timing. Prior owners bought the club for $2.9 Million at the market height in 2005.  Anyone would have had difficulty paying the bills with that debt load when membership slipped with the economy."

 

"We will succeed largely because we bought this club out of foreclosure at a bargain price. Our investment, even after nearly $1 Million in improvements, will be almost half that of the last owners and far below most other courses in the area. It would cost probably 10 times what we paid to build this course now."

 

Two other big factors will ensure Crescent Oak's success. First, the club will supplement revenue by allowing public play for the first time in its 21-year history while maintaining a membership. The previously exclusive restaurant will also be open to the public every day for lunch. Second, the club will grow membership by linking Crescent Oaks with co-owned Ace Golf courses, Wentworth and Pebble Creek, to offer members 3 clubs and 54 Holes of Golf for the same price as one. With reciprocal privileges, members will be able to take advantage of events and discounts at every one of the three clubs by joining any one of them. 

 

In addition, dues pricing has been reduced and revised by age groups to encourage more families and younger players.  Younger players pay $99 per month, families pay $139-189 per month, Seniors pay $179-$219 per month, and 40-65 year olds pay $199-$249 per month. All rates include golf and tennis, or tennis memberships may be purchased separately.

 

With savings from the reduced purchase price, Ace Golf is investing approximately $1Million in improvements, mostly in the golf course and clubhouse. New greens were installed starting in July and the rest of the golf course is being upgraded from the bunkers to the bridges and cart paths. The clubhouse got a new roof, new interior, updated kitchen equipment, and a new fitness room. The banquet room was re-decorated to accommodate weddings and other events. And, over $200,000 in new maintenance equipment and specialized radio-controlled irrigation equipment has also been added. "The result, claims Place, is that most golfers will find not only the golf course but the facilities to be in far better shape than many others."

At sister club Wentworth last week, Ace Golf opened Mulligans Irish Pub, a golf-themed family sports pub open to the public every day from 9am to 9pm (10pm on Fridays and Saturdays). "Our goal in all of our facilities is to make them more accessible, usable, friendly, and in top condition for our members and guests. When members tell me that our clubs are the best they have ever been, I will be happy", claims Place.

 

Located in Tarpon Springs on East Lake Road just north of Tarpon Avenue, Crescent Oaks Golf Club was opened in 1989 on 198 acres abutting the Brooker Creek Preserve. The club features a Steve Smyer's designed par-72 golf course, driving range, 8 tennis courts (6 clay), pool, large banquet center and a new fitness center.  Sister course Wentworth Golf Club is located two miles south of Crescent Oaks on the west side of East Lake Road.

 

Ace Golf is family-owned by local residents Bill Place and Su Lee. Place and Lee, both former GTE Executives, started Ace Golf 18 years ago and operate Golf Ranges in Brandon and Riverview in addition to golf courses Pebble Creek, Wentworth and now Crescent Oaks.

 

To make a Tee Time to play Crescent Oaks, call 727 937-4653 (GOLF). The club is open 7 days a week. Their website is www.crescentoaksgolf.com and the physical address is 3300 Crescent Oaks Blvd., Tarpon Springs, 34688. All guests will be admitted through the Crescent Oaks community gate on the east side of  Eastlake Road just north of Tarpon Avenue.

 

 

 

Please Share