[Mike Sweeney]

Buying it and fixin it up:

http://www.cybergolf.com/golf_news/harris_golf_acquires_rossdesigned_penobscot_valley_cc


Harris Golf, the Maine-based course developer, contractor and operator, has completed their purchase of Penobscot Valley Country Club in Orono, Me. With its acquisition of the course, the company plans to reverse membership losses, correct the club's finances and restore a Donald Ross routing that has sat virtually untouched since the famous Scot finished his work here in 1923.
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Problem used to be that owners used to look at the land to flip to a developer for houses if the golf went upside down. Now with the housing market........

If the snow ever melts up there, pehaps Mr Moore will investigate for us.

[Michael Moore]

In the current thread market, how good is this thread?

By invoking a course in Orono, Maine, I would say, "not very good". 

[Mark Bourgeois]

Michael

Are you saying we shouldn't ask Mike Sweeney about golf in Maine?

Mark

[John Moore II]

If you are speaking of the market to purchase courses that have closed and renovate them and restore them to a past glory, I would say the market is large, especially for an old Ross course. It would most likely reduce the cost of purchase and initial expense. Sounds like a good idea to me.

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