The Canadian golf getaway of Cabot Links is expanding yet again with a par-3 course. And a third 18-hole layout could soon be on the horizon for the property in Nova Scotia, joining Cabot Cliffs and Cabot Links.
On one hand, it could bring more than 1,000 jobs to the city, including employment for some Seatack residents. But on the other, the quiet setting – a golf course with tall pine trees – could go away.
A group of private Irish investors has bought the resort, in Trim, Co Meath, for €19.5 million, €1.5 million more than the price sought when the Cushman & Wakefield agency put the hotel on the market, in April. Nama, the State assets agency, will benefit from the deal as it took over a loan, originally due to AIB, that was secured on the property and the business.
Based on consultant recommendations provided during a Monday evening workshop, it appears the golf course, first purchased by the city in 1994, is destined to close. It operated at a net loss over the last decade.
The three-tier facility will resemble the Topgolf venues in the U.S. and will be the company's first location in the Middle East.
Neither the park district nor the Legacy Club homeowners' association wants to assume ownership of two lots near the residential development that the city is offering at no cost. The city isn't interested in holding on to the property, either.
“The Get into golf sessions provide an opportunity for stroke survivors to socialise with others who are also experiencing a life after stroke, benefit from exercise, build their confidence and enjoy learning new skills."