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Will Canton's new golf course bring commercial growth?

By
Real Estate Agent with Path & Post Real Estate
In an unusual private-public partnership, developers of the mixed-use community, Laurel Canyon, have donated an 18-hole, 7,000-yard golf course to the city of Canton.

The Fairways of Canton, being developed by Newnan-based Rocky Roquemore Golf Course Architects, is scheduled to open in 2007 as a city-owned public course.

"This is a first-class, luxury golf course the entire public will soon enjoy," said Marie Garrett, special adviser to Canton Mayor Cecil Pruett. "We made sure of that when discussions were first initiated two years ago. Courses of this style and nature are typically private."

Garrett said the developers have agreed to put up the entire $6 million expense to build the course, and over the next 10 years, Canton will reimburse $3 million through parks and recreation impact fees collected by the city.

 

The city hopes it will be a money-maker and help attract business and residents to Canton, one of the faster-growing cities in metro Atlanta. A top-notch golf course is one amenity that business owners and leaders would want to have for clients and themselves. It is part of the city's larger development plan, which includes a 700-acre mixed-use office and business park near the intersection of I-575 and Riverstone Parkway.

The business park will be bordered by a 411-acre lake, Hickory Log Creek Resorvoir, which is a joint effort of Canton and the Cobb County-Marietta Water Authority. Construction has started on the 180-foot- high dam, and workers expect to start pouring concrete in the next 60 days.

In addition to the lake and golf course in Canton, Cherokee County is expanding it's airport runway to accomodate private jets. It seems the city of Canton and Cherokee County officials are determined to lure higher quality commercial businesses to the area.

The question remains...will it work?

Information in this post was gleaned from the AJC and Golf Homes of Atlanta.

 

Comments(1)

Home Design
Alpharetta, GA
Home Design and Real Estate
I think it will Brad.  The airport addition is huge.  The more Runways they build, the more commercial progress.  That has been the trend with other small cities in the US.  Thanks for the update!
Nov 19, 2006 12:36 AM