Updated: October 5, 2013 at 11:09 am
Gleneagle Golf Club will shut down its golf course on Nov. 1 after nearly 40 years of operation, the club announced Thursday.
In a news release, the club said the decision was made because of a declining number of golfers and revenue, and increasing costs for water and other items.
The club's pool, Palms Restaurant and banquet facilities will remain open and be available for weddings, banquets and parties.
Rick Evelo, the club's general manager and superintendent, and Dean Jones, the club's marketing and public relations director, were not available for comment Friday and did not respond to an e-mail message.
The 18-hole course was built as the centerpiece of the 800-acre Donala residential development, now called Gleneagle, in the early 1970s.
MCTN LLC, a Nevada limited liability company set up by Atlanta-based Mad River Holdings Inc. and the Miles and Denise Scully Trust, bought the 135.4-acre course in 2003 for $825,000, according to records from the El Paso County Assessor's Office and the Nevada Secretary of State's Office.
Miles Scully, assistant managing partner of the San Francisco-based law firm Gordon & Rees LLP, did not respond to a telephone message left at his office Friday.
Golf courses have been on the decline in the U.S. recently. The numbers peaked in 2005 at more than 16,000 courses and 30 million golfers, but has declined by about 400 courses and 4.3 million golfers since then, according to data posted on the National Golf Foundation's website. The number of rounds of golf played annually dropped to 463 million in 2011 from 518 million in 2000, according to the foundation.
Locally, the Appletree Golf Course closed in 2006 and the Monument Hill Country Club closed its course between March and June, when new owners took over.
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