Private Investment Group Acquires Canyon Club in Armonk, NY

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The Canyon Club, a private country club in the Westchester County community of Armonk, has been acquired by an investment group that plans to renovate the club and rebuild its membership. Troon Golf, the leader in upscale golf course management, development and marketing, has been hired to manage the club.

Canyon Club, Armonk, NY

“We are delighted to have prestigious Troon Golf on board as the club’s management firm as we move forward rapidly with our plans to reposition the club as a full service country club with an outstanding golf course, excellent pool and tennis facilities,

The Canyon Club, a private country club in Armonk, NY, has been acquired by an investment group that plans to renovate the club and rebuild its membership. Renovations will commence immediately and the club will reopen for the 2010 season.

Canyon Club Partners II, LLC of New York City purchased the 156-acre country club from a seller who has owned the property since 1974. The transaction was completed on December 4, 2009. The purchase price was not disclosed. Carl Austin of Austin Corporate Properties was the broker representing the seller.

Located just minutes off I-684 on Route 22, The Canyon Club features a 6,356 yard, 18-hole par 70 championship golf course; a 60,000 square-foot clubhouse; 14 Har-Tru tennis courts and an Olympic-size swimming pool. The clubhouse provides catering services for private and corporate functions, wedding receptions and bar/bat mitzvahs with ballroom seating for 350 guests. There is also an outdoor cocktail terrace overlooking the golf course and surrounding hills featuring spectacular sunsets.

The new owners have hired Troon Golf, the leader in upscale golf course management, development and marketing to manage the club. Headquartered in Scottsdale, Arizona, Troon Golf is the world’s largest golf management company with properties in 31 states and 26 countries. Some 38 Troon Golf properties enjoy a Top 100 ranking by national or international publications. The 2009 British Open was held this year at a Troon managed property, the legendary Turnberry in Scotland. Visit their website, http://www.troongolf.com.

“We are delighted to have prestigious Troon Golf on board as the club’s management firm as we move forward rapidly with our plans to reposition the club as a full service country club with an outstanding golf course, excellent pool and tennis facilities, first-rate food and beverage and many other amenities,” said Jeffrey B. Mendell, a principal in the club’s new ownership.

The club will continue to be a private club and memberships are currently available and open to the general public. Membership information for the 2010 season will be announced shortly and those interested should contact Troon Golf at the club by calling (914) 273-9300 or by visiting the existing website at http://www.thecanyonclub.org.

“My partners and I are committed to offering a complete country club lifestyle, with a family orientation, at an affordable price,” said Mr. Mendell adding, “As a long-time resident of Armonk, I am particularly pleased to be involved in the revitalization of this country club which has been such an important part of the local community for nearly four decades.”

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Dean Bender
Thompson & Bender
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