Seminole Tribe/Hard Rock in talks to buy golf courseNovember 5th, 2019
The Seminole Tribe of Florida and its Hard Rock International company are in talks to buy a golf course in Plantation.
Lago Mar Country Club members were sent a letter on Oct. 29 from Club President David Boylan informing them it has begun a due diligence process and started negotiations with the Seminole Tribe/Hard Rock. A vote of two-thirds of the club’s equity members will be required to approve a sale, should a formal offer be made, according to the letter, which was shared with the Business Journal.
The letter added that representatives of the Seminole Tribe/Hard Rock would visit the club soon to present their vision for the 161.7-acre property.
Richard Martino, general manager of Lago Mar Country Club, said the Seminole Tribe/Hard Rock have entered into negotiations with the club, but it was early in the process. He declined further comment.
“The Seminole Tribe of Florida and Seminole Gaming are always open to business opportunities and consider them carefully, but at this time there is nothing to report regarding golf,” spokesman Gary Bitner said.
The Seminole Tribe recently opened the $1.5 billion expansion of the Seminole Hard Rock Hotel & Casino in Hollywood, featuring the Guitar Hotel. The property is now called a resort. However, one thing it lacks that many resorts have is a golf course.
Located at 500 N.W. 127th Ave. in Plantation — about 10 miles from the resort — Lag Mar Country Club has an 18-hole course. It also features six tennis courts, three restaurants, a ballroom, and a pool.
Source: South Florida Business Journal
Article Written By: Brian Bandell Senior Reporter, South Florida Business Journal
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