Newmarket has completed purchasing Sagebrush Golf & Sporting Club. Here is part of the news release
Quilchena, B.C. – Langley-based Newmark Group has purchased Sagebrush Golf & Sporting Club. The Newmark Group team has big plans for Sagebrush, considered to be one of the best courses in Canada and in the world.
While Newmark Group was set to purchase the property in October 2014, the deal did not close due to some permitting and zoning issues. Over the past year, key areas have been rezoned, building and proper usage permits have been acquired, and the sale was finalized in early November 2015.
The focus for the property includes building a 32,000 sq. ft. clubhouse with event facilities and extending the popular Badlands Patio & Grill area for spring 2016, which will add to its guest and event-hosting capacity. Plans also include the development of luxury resort homes that will be marketed as quarter-share resort properties.
The golf course will reopen for spring 2016. Didn't happen. Additional announcements about improvements and expansion to amenities offered will be made throughout the winter
Newmark Group is a full-service real estate development and construction company with offices in the Greater Vancouver area and Edmonton, Alberta. The Newmark team focuses on developing condominium, commercial, industrial and resort properties in British Columbia, Alberta and California.
EDIT: Jan 20th - Troon Golf selected to manage. Link to press release at Reply#5