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Message
Country club hones--going forward
Posted on 5/30/16 at 6:27 pm
Posted on 5/30/16 at 6:27 pm
I would think it would be a plus for resale. But looking in the next 20 years, do millennials care about being in a country club. Is the country club model a dying breed?
13
Posted on 5/30/16 at 6:46 pm to Ric Flair
quote:
do millennials care about being in a country club.
Posted on 5/30/16 at 8:10 pm to Ric Flair
quote:
I would think it would be a plus for resale. But looking in the next 20 years, do millennials care about being in a country club. Is the country club model a dying breed?
Depends on the location. Most of us want to live relatively near city centers. I'd much prefer live in an apartment/condo in a building downtown than live in a McMansion way the hell down Highland.
Posted on 5/30/16 at 11:03 pm to Ric Flair
CCL is doing just fine
Posted on 5/31/16 at 7:55 am to Paul Allen
Invest in some downtown land even small lots, these hipsters love hip things. Take a 5000 sq ft lot in downtown and build 25 200 sq ft microunits with no parking. They can be hip and uber everywhere and youll be a genius.
Im kidding but im not, we have hipster buildings in miami one is mybrickell with ZERO parking. The hipsters dont drive anymore, theyre chauffeured in uberx toyota camrys
Im kidding but im not, we have hipster buildings in miami one is mybrickell with ZERO parking. The hipsters dont drive anymore, theyre chauffeured in uberx toyota camrys
Posted on 5/31/16 at 8:10 am to dabigfella
I would rather have membership to a club that allows me access to a lot of places. The Houstonian is a good example of this model.
you can join, go use their gym/pool/facilities. also get access to some good golf courses. Houston City Club is another good example of this, just cheaper.
I have no desire to be a member of just one club in the subburbs, have my own pool, live on a golf course.
I think this attitude is reflected by the majority of millenials.
you can join, go use their gym/pool/facilities. also get access to some good golf courses. Houston City Club is another good example of this, just cheaper.
I have no desire to be a member of just one club in the subburbs, have my own pool, live on a golf course.
I think this attitude is reflected by the majority of millenials.
Posted on 5/31/16 at 8:47 am to Ric Flair
I have seen a lot of kids that lived on the CC grounds not do well in life and growing up. Due to that simple minded reasoning, and a desire to live on 1+ acre lots or land, I do not think my family would live in one. I will continue to be a member to one because golf is my hobby and my wife loves the pool.
Posted on 5/31/16 at 10:12 am to Ric Flair
As long as people like to play golf, I think you will always find demand for houses on a golf course.
Membership clubs are struggling, especially ones that are not tied to amenities like golf and swimming. One of the clubs in Baton Rouge closed recently. It was downtown.
Used to be, many years ago, both senior and junior executives were given corporate-paid memberships, because companies did a lot of business in the executive dining room and they realized it was important to show the next generation how it works. Lately, less deals take place in those areas, and companies have reserved those memberships for only the most senior execs.
Membership clubs are struggling, especially ones that are not tied to amenities like golf and swimming. One of the clubs in Baton Rouge closed recently. It was downtown.
Used to be, many years ago, both senior and junior executives were given corporate-paid memberships, because companies did a lot of business in the executive dining room and they realized it was important to show the next generation how it works. Lately, less deals take place in those areas, and companies have reserved those memberships for only the most senior execs.
Posted on 5/31/16 at 10:31 am to Ric Flair
quote:
I would think it would be a plus for resale. But looking in the next 20 years, do millennials care about being in a country club. Is the country club model a dying breed?
I know you can get like 3 times the house in English Turn for what you would pay for something similar uptown -- on like 4 times the lot size to boot. I wouldn't touch it right now. Some places may be different (or late to the game), but in general, it seems like a dying model.
Posted on 5/31/16 at 10:47 am to Ric Flair
quote:
Is the country club model a dying breed?
i think it is. You will always have demand for it, especially the really nice clubs. The thing you have to figure in is climate change and water rights. Golf courses are huge energy and water sucks. what will that mean in 20 years? I don;t know, but I don't think its as safe a bet as it used to be. Plus there are a shite ton of these places already built.
Posted on 5/31/16 at 11:16 am to dabigfella
quote:
Im kidding but im not, we have hipster buildings in miami one is mybrickell with ZERO parking. The hipsters dont drive anymore, theyre chauffeured in uberx toyota camrys
I see this with my kid that lives in Seattle, of the dozen or so friends he hangs around with only maybe two own a car, and they only use them for weekend trips. They would rather live in a hip area requiring them to rent and have five roommates than buy a house in the suburbs. These are all educated professionals with above average income.
Posted on 5/31/16 at 2:56 pm to Joshjrn
I'm be curious to know why I have seven downvotes and precisely zero rebuttals 
Posted on 5/31/16 at 2:58 pm to Joshjrn
quote:
I'm be curious to know why I have seven downvotes and precisely zero rebuttals
Rural state message board.
Posted on 6/1/16 at 9:46 am to Ric Flair
I think it all really depends on the city and its size. New Orleans has proved that the demand for a country club lot NOT on the golf course isn't that great - English Turn still has countless lots for sale.
My wife and I recently moved to Hattiesburg, MS for my job and joined a CC because I play golf a bunch and for the social aspects of meeting people in a new town. Here in Hattiesburg the country club lots (Canebrake, Timberton and Hattiesburg CC) hold a lot of weight in re-sale value. You can get twice the lot and house outside of the clubs; however, here it seems everyone wants to be in those neighborhoods instead. Again, I think it depends on where.
My wife and I recently moved to Hattiesburg, MS for my job and joined a CC because I play golf a bunch and for the social aspects of meeting people in a new town. Here in Hattiesburg the country club lots (Canebrake, Timberton and Hattiesburg CC) hold a lot of weight in re-sale value. You can get twice the lot and house outside of the clubs; however, here it seems everyone wants to be in those neighborhoods instead. Again, I think it depends on where.
Posted on 6/1/16 at 9:51 am to Ric Flair
quote:
Is the country club model a dying breed?
Depends on the club
Posted on 6/1/16 at 10:08 am to Ric Flair
quote:
do millennials care about being in a country club.
Right now they don't. They may care more in 20 years when they have kids and want them in a good school. I doubt it though.
quote:
Is the country club model a dying breed?
In some ways, it is. I doubt you'll see many new country clubs open in the coming years. A lot of the ones around here have drastically cut their initiation and membership fees. I was shocked at how relatively inexpensive one near me was when we were approached about joining. There are a lot of houses on its golf course, and it's in a good school district so it will probably survive. Though it wouldn't surprise me to see it go semi-private at some point. The golf course already is, but the pool, tennis courts, and bar/restaurant are still members only.
Posted on 6/1/16 at 11:42 am to Joshjrn
quote:
I'd much prefer live in an apartment/condo in a building downtown than live in a McMansion way the hell down Highland.
You'd rather live in which condo building downtown?
Some of those houses down Highland are A. Hays Town designs. As far as modern single family construction goes, that's about as good as it gets in south Louisiana.
That said, I think there are too many golf course communities in a lot of areas. CCLA will likely be fine, but others will come and go. I think the more recent trend of revitalizing downtown is limited to young singles, who are waiting longer to purchase housing (instead opting to rent) than their parents did for economic reasons.
This post was edited on 6/1/16 at 11:50 am
Posted on 6/1/16 at 11:49 am to member12
I meant it more hypothetically as there are currently few options in downtown Baton Rouge, but the new Commerce Building apartments look promising.
And I'm not knocking the houses down there. I even appreciate Mr. Town's work, though I don't always love his design language. I just don't want to live down there, personally.
And I'm not knocking the houses down there. I even appreciate Mr. Town's work, though I don't always love his design language. I just don't want to live down there, personally.
Posted on 6/1/16 at 11:57 am to Joshjrn
quote:
. I even appreciate Mr. Town's work, though I don't always love his design language.
I actually think his firm may have designed the office building on Laurel and 5th.
Downtown Baton Rouge looks great now and I'd live there if I were single....but when you have a family, those single family homes with yards (either in Baton Rouge's older 'suburbs' like the garden district or Goodwood...or the newer ones farther out) will become more attractive. I think this younger generation is waiting longer to buy, but I don't think that will impact the golf course/country club developments so much as the fact that many communities have too damn many golf courses to sustain.
Posted on 6/1/16 at 12:50 pm to Joshjrn
I'm almost 43 and have been living in a suburban McMansion(Bimringham) for 15 years now. We are counting down the days to when we can sell it and move to a loft or condo downtown. 2 kids in school prevent that right now. Suburban life is boring.
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