Why do we think semi-private is the way to go?

From the TMCC General Manager in the January 2015 Meadoword:

There is always risk in change

Doing nothing, however, does not stop change; it will happen regardless of what we do. The Meadows, The Meadows Country Club, the residents, and the members will continue to age, and that will bring about its own change.

TMCC has had all the time in the world to make their private club model work and hasn’t been successful. MCA Homeowners perpetually subsidizing a private club is not an acceptable solution. It isn’t going to get better without taking action. Something needs to change.

No one has all the answers and a lot of work would need to be done to figure out the best new approach in our situation. But here is why we think semi-private is worth a long, hard, thorough look. There is no better time to start looking for a better way forward than right now.  

Why do we think the semi-private model holds the most promise?

  1. We would continue to have memberships which would provide priority access to “everything”. This minimizes the change for current TMCC members and minimize the risk they would leave.
  2. Having memberships is beneficial as it provides a stable base of revenue for the course, and creates a feeling of community at the facility.
  3. It would allow us to utilize all the tee times on the Meadows/Members course that are currently unused and wasted. Same for dining facilities, fitness facilities, and potentially tennis.
  4. It would move us past MCA Homeowners subsidizing a private club.

University Park and Rosedale are two examples of clubs made the transition to semi-private long ago.

How would things change for TMCC members?

LOTS of guesswork and assumptions ahead, but here goes:

  • Most characteristics of existing golf membership categories could likely be maintained. We could continue to offer different levels of membership with different costs and benefits, just like the current Platinum, Gold, Silver, Young Professional golf memberships.
  • Exclusivity would be given up. This is partly a club “feel” but it also means giving up some opportunity for spontaneous games if the course is busier with new fee-paying golfers. They’d also see a lot more different faces at the facilities.
  • But “priority” would be maintained for members (first access to tee times, events, etc)
  • Seems reasonable that cost of most membership categories may go down as they are no longer paying for a private club, although that may not be true for all situations.
  • Some categories like “Social” and “Sport” may no longer exist as all persons would have that sort of access to the facilities. So those members would get the same access at no cost.

Overall, it would look and feel mostly the same, other than the facilities being busier generating more revenue.

How would it be managed?

Recognizing its role as the owner of the recreational and dining assets, MCA would oversee the operations. There would likely need to be some new legal entity to hold the assets.

Currently TMCC outsources the management of the facility to ICON. Obviously, MCA could hire ICON and all the current staff to continue to manage the facilities. ICON’s experience could be a great resource for understanding and evaluating alternatives but this may not be possible while they are under contract with TMCC. If TMCC wanted to work towards a solution and allowed ICON to participate, that would be ideal.

TMCC also has a large structure of committees that provide governance and do legwork. This sort of structure would continue to be useful and productive, but under the MCA Board (since MCA Homeowners own the assets). It would be a challenging transition, but if most TMCC members remained they would have a lot of incentive to continue to have influence over the direction of the facilities.

Demand for golf has been very high in the last few years. NOW is the time to capture that demand.

There will be lots of challenges and lots of things to figure out. But it is worth the effort to find a long-term solution that is better for MCA Homeowners and improve their access to the assets they own.

LETS MAKE CHANGE HAPPEN BEFORE CHANGE HAPPENS TO US


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10 responses to “Why do we think semi-private is the way to go?”

  1. Susan Avatar
    Susan

    SUPER IDEAS…. Now if someone would, listen and give it a chance……Hopefully with all of your efforts a change will come……if they cant maintain the Club then why make it private….they want owners money but not them in person……that is so demeaning and actually stupid.Keep up the good work…I appreciate want you are doing. Ciao, ” Two things define you . Your patience when you have nothing, and your attitude when you have everything. “

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  2. Cathy Balcom Avatar
    Cathy Balcom

    I have lived here for six years and I own my condo. I have never golfed, never played tennis, nor utilized the MCA. I know someone who lives in the condo’s up the road (not associated with the Meadows) and she pays an HOA. However, in the six years she has lived there, she has never had an assessment fee. I feel an assessment fee for someone who has nothing to do with MMCA/MCA, is wrong. Also, The huge increase in the HOA this year is wrong. We were given no warning and for people living here that have nothing to do with golfing, tennis. or the country club, we should not have to help cover these fees.

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    1. littleplatte2 Avatar
      littleplatte2

      I also do not golf or play tennis but I understand that this is the price of living here. Just like paying federal taxes which you have no control how they are spent.

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  3. mitchw12 Avatar
    mitchw12

    hire a consultant to hire/find hospitality company to run both sport/restaurant facilities or 2 companies for each WITHOUT MCA Subsides

    pool to be residents only

    there are 1000s of businesses being successful utilizing the over 1.5 million people living in Sarasota/Bradenton area..

    partial private membership for preferred access..that decision up to operators

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  4. buffnitty Avatar
    buffnitty

    What part or parts of the MCC is/are the losers? My sources tell me golf. Tell us what the finances would look like (pro-forma) with the golf courses maintained as green space only. There are good clubs that don’t have golf. The MCC might be one. Another option may be memberships with ala-carte amenity options.

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    1. Website Admin Avatar

      Golf is the biggest revenue and biggest expense by far, so it is likely golf. But we don’t have access to data on tennis or dining. Dining is often a money-losing service at private clubs because there is a severe restriction on the number of potential clients (only members).

      Liked by 1 person

  5. tru7447 Avatar
    tru7447

    There are over 140 ladies who are looking for a new home as Lakewood Ranch Legacy course is going private. Probably this will happen as soon as April and not be available for league play. Bob Bolton, this Wednesday is presenting what The Meadows CC has to offer. Many of the ladies are not interested in paying for full blown country club dues. I believe an option for filling tee times would be to offer some sort of package to make the private course available. Play on The Highlands is not an option as the course is definitely not up to par with the grounds at Legacy.

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    1. Website Admin Avatar

      Yes, those are the kind of opportunities that aren’t possible when you keep the club private. Soooooo many wasted tee times that could generate revenue.

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      1. tru7447 Avatar
        tru7447

        I will be interested in what Bob Bolton has to say to the Legacy ladies on Wed. I would think if Iconn can convince the TMCC Board to experiment with this league during the slow season it would be possible to pursue having them play starting in the fall. There are fewer ladies here in the summer therefore more manageable for an experiment. Many ladies remain after the round for food and drink therefore bringing in additional revenue.

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  6. […] that semi-private could work but there would likely be some “membership degredation”. We said the same HERE. Nice to hear a sincere acknowledgement that it is a valid path worth considering. But based on […]

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