ClubCorp Buys Oak Tree Country Club in Edmond
By Gabriel Circiog, Associate Editor
The new owners are planning a multimillion-dollar capital improvement project, which will include renovations and upgrades to the clubhouse, including the expansion of casual dining and the addition of an outdoor dining area.
Other improvements target the tennis, golf, pool and fitness areas. Oak Tree was designed by golf course architect Pete Dye and its two 18-hole golf courses have earned spots on the Golf Digest Top 10 “Best in State” rankings. Oak Tree is the only private country club in the metro area to feature 36 holes of golf.
“We are very excited about the addition of Oak Tree Country Club, nationally recognized as one of the preeminent clubs in Oklahoma, which gives us a presence in the state and increases our brand awareness nationwide,” said Mark Burnett, ClubCorp executive vice president, golf and country club division.
The property features a 65,000-square-foot clubhouse with three levels of dining, a men’s locker room and grill, ladies’ locker room and grill, and a golf pro shop. The club offers a 75,000-square-foot sports facility which features six indoor tennis courts, six outdoor tennis courts, a fitness center, indoor jogging track, aerobics studio, racquetball court, basketball court and additional locker rooms with whirlpools and saunas. An Olympic-size swimming pool and children’s wading pool are also included.
Ownership and development rights to 200-plus acres of land within the Oak Tree community are retained by Oak Tree Partners L.L.C., a local real estate partnership led by Tom Blanton and Jeff Bolding, which acquired the property in 2004.
Photo Courtesy of ClubCorpTags: Acquisitions/Dispositions, Architecture/Design, ClubCorp, Commercial, Developers, Development, Edmond country club golf course acquisition, Hospitality, Investors, Local, Maintenance, Managers, Oak Tree Country Club, Oak Tree Partners LLC, operations, Owners, Pete Dye, Professional, property management, Tulsa-Oklahoma City Lead Story