The Boca Raton Country Club hasn’t been making money, and now its owners are handing it over to the city.
Will it become a municipal money pit? No one knows.
Optimistic city officials say they might break even or perhaps lose a bit of money, but it’s a gamble they’re willing to take.
“It’s a matter of preserving green space,” said Boca City Councilman Andy Thomson. “The city of Boca Raton takes an enormous amount of pride in its beaches, parks — none of those things generate money. It’s an amenity, and that’s how we view it.”
The owners of the exclusive club announced the unusual donation this week, and the city plans to open the 130-acre property to the public in about a year.
The club, at 17751 Boca Club Blvd., features an 18-hole golf course, tennis courts, a clubhouse and pool. The course and clubhouse are surrounded by 12 subdivisions in a giant gated community featuring townhomes, single-family homes and condos.
The country club’s owners, MSD Partners and Northview Hotel Group, acquired the property in June 2019 when they also bought the Boca Raton Resort and Club, a luxurious destination situated off Camino Real that is frequented by the wealthy, famous and business leaders.
The owners said they were giving up the country club to focus on the Boca Raton Resort and Club. They would not reveal the country’s club’s finances on Friday.
The city’s cost to operate the Boca County Club course will be built into next year’s budget, but a city spokeswoman said no records are available to show what the cost will be or how much the city expects to lose, if anything. Those projections are still being studied, said spokeswoman Chrissy Gibson.
Thomson said he was told the course could cost “something like $1