GolfBC Group, along with its parent company Burrard Group, announces that it is currently working with the real estate brokerage team of NAI Commercial to facilitate the sale of Arbutus Ridge Golf Club in Cobble Hill, BC. The property was acquired by the company in 1992.
Bill Robinson, who is well known for his golf course work in Canada, designed the golf course. Construction commenced on March 17, 1987, and the first nine holes officially opened in 1988. Following construction of an additional nine holes in 1990, Arbutus Ridge Golf Club officially opened for eighteen-hole play in 1991, and is now a par 72, 6,152-yard semi private golf course owned and operated by GolfBC.
As part of the company’s new strategic direction, the Burrard Group is focusing on the development of mixed-use residential communities and commercial projects located within 20 kilometers of major metropolitan centers and resorts, which includes increased investment in its select golf assets that meet those same geographic parameters. Included in its new strategic mandate is the growth of Burrard’s hospitality operations, which will capitalize on cross-marketing and F&B expansion opportunities within its already successful golf operations.
The Arbutus Ridge facility has thrived for over 25 years and continues to provide outstanding value to residents of the community as well as golf enthusiasts both on the golf course and in the clubhouse. The establishment has taken great pride in its environmental sustainability efforts and has earned numerous accolades over the years, including the 2017 Tourism Vancouver Island Employer of the Year award.
“While we are excited to pursue our company’s new strategic direction, it is with very mixed emotions that we have decided to market this fantastic asset which will certainly be a trophy property for the new owners for many years to come. The sale of Arbutus Ridge will provide funds for us to further enhance our other, more urban and resort-oriented golf properties and provide those markets with a more robust offering,” said Christian Chan, executive vice president of Burrard Group.
“GolfBC’s vision to be the “first choice for golf” extends beyond the golf operations to include food and beverage, retail, instruction and event business, and a more strategic mix of golf assets will allow us to focus on our remaining facilities with a long-term commitment to the GolfBC portfolio,” added Andy Hedley, vice president of golf operations for GolfBC.
