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6 MillionLess players than a
decade ago.
<2.0%Industry-wide
average net profit
margin.
↓ 20%Participation
among active
players.
1,400+Courses recently
closed nationwide.
6.4%% of courses in
Florida. More than
any state.
40+Courses recently
closed in South
Florida.
THE GOLF INDUSTRY
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PALM BEACH
BROWARD
DADE
GOLF COURSE CLOSURES
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Step 1:
Data
Gathering
Step 2:
Planning
& Design
Step 3:
Concept
Intro
Step 4:
Plan
Approvals
Step 5:
Execute
Plan
OUR APPROACH
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Luxury, for-sale housing.
No apartments or commercial.
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Permanently preserves over
87 acres of open space.
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Native landscaping within open spaces and
increased tree canopy.
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Remediates environmental impacts from
years of chemical use
on golf course.
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Removes uncertainty. Neighboring home values outperform the market.
0%
-50%
-100%
50%
100%
150%
-67%-54%
158%
78%
55%
29%
‘06-’11 ‘11-’17 ‘14-’17
Homes Adjacent to Former Course City (Zip)
Years:
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Significant financial
resources for improved local
services and economy.
CURRENT: $26,000 annual tax contribution
PROPOSED:~$2.8MM annual tax and recurring revenue
~$10.9MM in upfront impact fees
Area Parks
Local Govn’t
Local Merchants
Emergency Services
Local Schools
Public Art
Infra-structure
Local Events
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A vision that works for Royal
Palm Beach.
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Stay updated and in touch. www.VillageGreenFL.com
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