The Boca Raton Municipal Golf Course is one of two golf courses currently owned and operated by the City of Boca Raton. The course includes an 18 hole championship course, a 9 hole executive course, and a clubhouse situated on 194 acres. The course is a favorite of many southern Palm Beach county residents. After being sold to real estate developer G.L. Homes, the course is slated to close sometime around early December 2018.
Sale and Controversy
After receiving multiple unsolicited offers and letters of intent to the purchase the course, the City asked for the highest and best offers to be submitted by Friday, October 21, 2016 at 5pm.
Offers were received from CalAtlantic Homes, Compson Boca Argent, LLC, G.L. Homes,
In a public hearing on October 24, 2017, G.L. Acquisitions Corporation and Lennar Homes, LLC, who had delivered contracts and deposits to the City, each addressed the Council with final presentations. Ultimately, the City Council chose G.L. Homes and adopted a resolution officially selecting G.L. Homes as the purchaser.
On November 14, 2017, the City Council then introduced an ordinance authorizing the sale of the City-owned Municipal Golf Course to G.L. pursuant to the provisions of G.L.’s revised offer to purchase for $65 million, $8 million less than what the company originally offered the city council.
Councilman Robert Weinroth said of the sale to the Sun Sentinel, “I’m looking at land that we don’t have to sell. Right now, I’m willing to say let’s forget the whole thing because I don’t like either one of these contracts.”
A closing date is estimated for 18 months but could be sooner, and proceeds from the sale will be deposited into a special fund until there is policy direction on how the money should be spent.