Kings Point Master Association Leases Closed ClubLink Golf Courses in Kings Point
Sun City Center, FL, Jan. 20, 2017 – Kings Point Sun City Center West Master Association has leased the closed ClubLink golf courses and the Falcon Watch Clubhouse in Kings Point from ClubLink Corporation for non-golfing use by the residents in this community of nearly 5,600 homes.
The SCCW Master Association negotiated the ten-year lease which includes a “first right of refusal” clause with ClubLink for an annual lease fee of $36,000 with CPI annual increases. The SCC Master Association holds title to all property within Kings Point not owned by individual associations, the Kings Point Sun City West Land Trust, or ClubLink. This lease enables residents and guests to use the closed ClubLink property without trespassing and within the rules of the SCCW Master Association.
Jim Haggerty, President of the SCCW Master Association, commented, “The two governing organizations of Kings Point, the SCCW Master Association and the Federation of Kings Point Associations, worked together on plans to acquire the golf course properties. The closed courses include approximately 200 acres of land and lakes within the Kings Point community, and the 3,800 square foot Falcon Watch Clubhouse. The SCCW Master will maintain and manage the use of the land and lakes, and the Federation will operate the Falcon Watch Clubhouse as part of the recreational facilities of the community.”
“ClubLink’s management team understood our concerns and was very cooperative with us as we jointly created a lease agreement with terms that worked for all parties. Hundreds of golf courses are closing across the country every year, creating problems for property values in communities like ours when allowed to fall into disuse. Kings Point is being proactive in protecting our property values while also adding new amenity options for our residents,” Haggerty continued.
“Kings Point already has three major clubhouses for recreational use by residents. The Falcon Watch Clubhouse will enable us to expand our amenities even further, providing residents with additional space for social gatherings and activities,” added Liz Argott, President of the Federation of Kings Point Associations.
With the June 1, 2015 closing of the 18-hole Kings Point Executive Course and July 1, 2016 closure of 18 holes on Falcon Watch, Kings Point now has one 27-hole golf course and a driving range, Scepter Golf Club, operated out of the Scepter Clubhouse. “Golf remains an important amenity in Kings Point and we look forward to working with ClubLink on golfing activities and events in our community,” commented President Argott.
Kings Point is an exclusive active adult community located in West Central Florida 20 miles south of Tampa in Sun City Center, FL. Nestled between the Tampa-St. Petersburg metropolis and the white sands of Sarasota’s beaches, Kings Point on the Suncoast is an ideal place to retire. With nearly 5,600 homes, 9,000 residents, 27 holes of golf, 6 indoor and outdoor pools, theater, a new state of the art fitness center, and hundreds of social groups, Kings Point in Sun City Center is a great place to really live.
For more information, see www.kingspointsuncoast.com
Kings Point Suncoast