NSU Manages Florida Golf Course
Residents of Rolling Hills a Florida golf course say they are pleased with their new neighbor.
Nova Southeastern University last month purchased the 205-acre Grande Oaks Golf Club, featured in the 1980 movie Caddyshack, and said it will continue to operate as a private club.
The property at 3201 W. Rolling Hills Circle includes the 18-hole championship Florida golf course, a nine-hole executive course and a driving range, said George L. Hanbury, NSU's executive vice president for administration.
The purchase included development rights for 130 multi-family units off Rolling Hills Drive and 10 single-family units off Pine Island Road. Hanbury said there is no development planned for the next five to 10 years.
"We think it's important to be a good neighbor," Hanbury said. "We'll be here for a long time."
With the acquisition, NSU has become one of the biggest landlords in the town's regional activity center -- 2,200 acres targeted for redevelopment between Interstate 595 and Griffin Road; and Florida's Turnpike and University Drive.
About two years ago, NSU unveiled plans to redevelop 30 acres in the 3400 and 3500 blocks of South University Drive into a mix of commercial and educational facilities. That $350 million project, scheduled to begin in 2007, includes residential towers, a 300-room hotel, shops, retail offices and a research center.
Hanbury has said that project "would transform Davie [into] the economic powerhouse in Florida for biotech and high-tech research."
NSU's plans for the Florida golf course are more modest.
The university said it will use the club, purchased for an undisclosed sum from the Blackstone Group, to entertain guests as well as to give students and interns experience in Florida golf course operations. It also wants to integrate the 9-hole executive course into the 18-hole course.
"I think it's wonderful that Nova not only bought the Florida golf course, but they are now a live-in resident," said Keyron Collins, 49, who has seen the course change hands more than three times since he moved to Lake Estates at Rolling Hills 10 years ago.
"Since Nova's been keeping it, it's exceptional," he said.
Jerry Licari, 42, president of the Lake Estates homeowners association, said that past owners have "minimally maintained" the 9-hole Florida golf course and treated it like a "forgotten stepchild."
He is optimistic NSU will manage it better.
"As a homeowner, it's upsetting to see our Florida golf course poorly maintained," Licari said. "As of today, we are pleased with what Nova has done."
Nova Southeastern University last month purchased the 205-acre Grande Oaks Golf Club, featured in the 1980 movie Caddyshack, and said it will continue to operate as a private club.
The property at 3201 W. Rolling Hills Circle includes the 18-hole championship Florida golf course, a nine-hole executive course and a driving range, said George L. Hanbury, NSU's executive vice president for administration.
The purchase included development rights for 130 multi-family units off Rolling Hills Drive and 10 single-family units off Pine Island Road. Hanbury said there is no development planned for the next five to 10 years.
"We think it's important to be a good neighbor," Hanbury said. "We'll be here for a long time."
With the acquisition, NSU has become one of the biggest landlords in the town's regional activity center -- 2,200 acres targeted for redevelopment between Interstate 595 and Griffin Road; and Florida's Turnpike and University Drive.
About two years ago, NSU unveiled plans to redevelop 30 acres in the 3400 and 3500 blocks of South University Drive into a mix of commercial and educational facilities. That $350 million project, scheduled to begin in 2007, includes residential towers, a 300-room hotel, shops, retail offices and a research center.
Hanbury has said that project "would transform Davie [into] the economic powerhouse in Florida for biotech and high-tech research."
NSU's plans for the Florida golf course are more modest.
The university said it will use the club, purchased for an undisclosed sum from the Blackstone Group, to entertain guests as well as to give students and interns experience in Florida golf course operations. It also wants to integrate the 9-hole executive course into the 18-hole course.
"I think it's wonderful that Nova not only bought the Florida golf course, but they are now a live-in resident," said Keyron Collins, 49, who has seen the course change hands more than three times since he moved to Lake Estates at Rolling Hills 10 years ago.
"Since Nova's been keeping it, it's exceptional," he said.
Jerry Licari, 42, president of the Lake Estates homeowners association, said that past owners have "minimally maintained" the 9-hole Florida golf course and treated it like a "forgotten stepchild."
He is optimistic NSU will manage it better.
"As a homeowner, it's upsetting to see our Florida golf course poorly maintained," Licari said. "As of today, we are pleased with what Nova has done."
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