Fountains club OK’s $17 million land sale to GL Homes

Fountains Country Club

Fountains Country Club

Members of the Fountains Country Club have approved the $17 million sale of country club land to GL Homes, which plans to build 470 housing units at the suburban Lake Worth club.

The sale, first reported June 2 by the Post,  includes parts of the North Golf Course, one of the club’s three courses, as well as undeveloped land on the east side of the 865-acre property, bordered by Lake Worth Road on the north and Lantana Road on the south.

Members approved the sale in a vote earlier this month.

GL Homes plans to build between 150 to 200 single-family homes. GL also will build between 250 to 300 apartments, marking the first time the Sunrise-based home builder has entered the apartment construction market, according to Larry Portnoy, GL Homes vice president.

Paul Napieralski, Fountains Country Club president, hailed the sale.He said it will allow the club to make needed upgrades so that the club  “once again become one of the premier clubs in Palm Beach County.”

As part of the deal, the Fountains must build a $2.5 million resort-style pool.

The sale is a way for the club to also cope with declining membership during the past five years, Napieralski had said in a letter to club members.

Not all residents of the community were on board with the plan, however. Some opposed the sale as a short-term fix to a long-term problem, which they say is mandatory membership in the country club.

Residents of the new GL Homes will not be required to join the country club as equity members, as residents in some older Fountains communities have been required to do.

The issue has split the community and even resulted in lawsuits.

Golf clubs have been dealing with declining membership for years. The problem is particularly acute in Palm Beach County, with its plethora of clubs.

 

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