STATESVILLE, N.C. — Landscapes Management Company, a division of Landscapes Unlimited, has announced the addition of Larkin Golf Club to its third-party management portfolio.
The 18-hole public-residential facility, located in north Charlotte suburbs, signed a 5-year operations contract with LMC in August. It is one of eight separate properties to sign operations agreements with Landscapes Management Co. in 2018, according to LMC President Tom Everett.
Larkin GC opened in 1996 as Fox Den County Club, a Clyde Johnston design that stood as centerpiece of a residential community. Post-recession, in 2014, the property was purchased as part of a foreclosure action and renamed Larkin Golf Club. In 2017, David Cuthbertson, CEO of Monroe, N.C.-based builder True Homes, purchased the development along with Stonebridge Golf Club, a public facility also located in Monroe. Cuthbertson promptly gifted both facilities to nearby Wingate University. In March, the school contracted with Landscapes Management Co. to manage Stonebridge GC and in July, Wingate tapped LMC to operate Larkin GC as well.
“We greatly appreciate the opportunity to manage both operations on behalf of the university,” Everett said. “While these are both excellent facilities, we nevertheless plan to increase programing, leverage economies of scale and engage in several important agronomic initiatives. Landscapes is obviously growing quickly in this market, which is good news for our clients there — the more properties we manage in a region, the more robust those economies of scale become. That is a direct path to better stability and profitability.”Founded in 1976, Lincoln, Neb.-based Landscapes Unlimited initially started in the course-construction realm, with more than 1,700 completed golf course construction, renovation, and recreational development projects to date. The firm began managing golf properties through its Landscapes Management Co. division in the late 1980s. Today, LMC operates more than 50 different facilities, public and private, across the U.S., Canada and China.