President Country Club Undergoing Name, Ownership Change
The President Country Club is no more.
The club, which is located across the street from the newly opened Palm Beach Outlets, has been sold to Banyan Cay for $28 million and will now be named the Banyan Cay Resort and Golf Club.
Once completed, the 245 acre site will feature the 18 hole Robert Trent Jones Golf Course, 145 houses, a condo tower, and a resort hotel. The project will cost $280 million, making it the city's largest redevelopment since City Place opened in downtown West Palm Beach more than 10 years ago. The club and course will remain open during the development.
The idea, accoring to Chris Heuwetter, a spokeman for the project, is to create a golf community that also serves as a family resort similar to the Omni resort in Orlando.
The club is in negotiations with Noble House Hotels and Resorts to develop the resort hotel. Nobel House has resorts in Fort Lauderdale, Naples and Key West, as well as in California, Colorado and Seattle.
All home buyers in the new Banyan Cay will recieve golf memberships as part of their association fees. The community has also shown interest in a beachfront hotel to give members or resort visitors access to a beach, Heuwetter said.
“We might be interested in purchasing a hotel for that purpose or looking for one that wants golf access,” he said.