Arrowcreek Club Corp Debacle

Club Corp and their affiliates owns or operates 170 clubs around the country and for approx. the last 12 months have been in negotiations with Terrabrook, the developer owner of the two courses at Arrowcreek. Arrowcreek has been operating at a $2 million a year loss and Club Corp was going to be their saviour, until 10:30 am last Thursday when they pulled out of the deal.

Earlier this year this year Club Corp wanted members of the golf club to have access to the residents pool. It seems from the other clubs around town that if you join a country club you should have access to a pool, (Somersett, Hidden Valley, Montreux, Red Hawk) but for some reason the non golfing residents had a different view and organized an effort to defeat the proposal.

This ticked off Club Corp and they came back with an extremely low offer for the two courses and last Thursday the negotiations broke down and Club Corp pulled out of the deal. 

The overall feeling is someone will come in and buy these courses and everything should continue status quo. This would be great news for all involved and anyone who owns a home in Arrowcreek. It does seem to me that there have been mistakes made over the years with the way memberships have been handled as well as all the different rumors about what is going on with Arrowcreek. In my opinion there is not enough golf demand in this area for the amount of clubs that are tryng to sell private memberships. Golf is way too expensive in Washoe County compared to other large metropolitan areas where you can easily play a nice course for $50.00. 

For the community, the real estate market and the people of Arrowcreek I hope they get this worked. These are two of the nicest courses in the valley and it would be a shame to see them go away.

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