Mark Harris, partner and broker of H&H Realty, announced Wednesday the golf course's acquisition by a professional club management company with plans to reopen the course in under two months.
"The Plantation Golf Course is under contract with Mr. Mitch Rhoden of the Futren Corporation in Atlanta. The Futren Corporation is a country club management service corporation," Harris said. "They own and operate the Indian Hills Country Club in East Cobb and the Georgian Club at the Galleria and they manage various other clubs.
"This will be a very nice club, but it is going to cater to the same membership that they had before. They want to regain the membership they had previously."
Rhoden expressed his own excitement about reopening the Bartow County course for new and previous members. An open house will be held in late March with a grand reopening in early April.
"We look forward to being a part of the community and having all the previous members come back," Rhoden said. "We're just excited about the prospect of getting it up and running and back in shape."
Outside of course and management updates, little will change under new ownership. The course will remain a semi-private club open to the public with memberships available.
Plantation Golf Club closed last March after being purchased at foreclosure auction by Bank of the Ozarks. After announcing intentions to reopen the club in one week, Bank of the Ozarks retracted that statement, citing further evaluations. At that time, the bank began looking to sale or lease the property.
Bank of the Ozarks, who has continued maintenance of the course, contacted Harris last fall to broker the property and quickly found a buyer for the Bartow County course.
"When the bank turned it over to H&H Realty to try to sell, we had a contract within 30 days. We went through the inspection and due diligence period of four to five months, and now we're closing," Harris said. "The transaction was based on a relationship I made with the Rhodens back in 1983.
"When the bank approached me about selling this golf course, I went straight to [the Rhodens] and five months later we're closing it."
The routine maintenance conducted during Bank of the Ozarks' ownership will aid in the transition, enabling Futren to reopen the course within 45 days of closing. With closing set to take place today at 10 a.m., Woodland Hills should open by the first week of April.
The course can be found at 256 Summit Ridge Drive. Dated information on the former Plantation Golf Club from before the closure last year can still be found online at www.plantationgolfclub.net.