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16

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By Design

A

ll golf courses, and particularly

those that see large numbers

of rounds played each year,

will have to cope with some degree

of deterioration over time. Areas that

tend to show signs of wear and tear

first are: those that are receive the

most foot traffic, like tees, greens,

and bunkers; the mechanics of

the course, such as irrigation and

drainage systems, and; like any public

building, the clubhouse.

All of the elements of a golf course

have different lifecycles, ranging from

one-to-three years for mulch to up to

30 years for greens (for more details,

download the ASGCA Life Cycle Chart

at

www.ASGCA.org/free-publications )

.

At a presentation at the Golf

Industry Show (GIS) in Texas, US, in

February 2015, Jeffrey Brauer, ASGCA

Past President and owner of golf

design firm Golfscapes, highlighted

that those courses that were built

during the boom of the 1980s, or

earlier, are now generally beyond the

point at which their elements can

reasonably be expected to last.

But would the necessary renovation

work deliver a return on investment?

Referencing an independent

2014 report by the National Golf

Foundation (NGF) and golf course

Renovations

|

Rebecca Gibson

The return on

renovations

ANALYSIS

Does renovation work deliver a return on investment?

Rebecca Gibson finds out with the results of a recent survey

Before renovation

One year after renovation

Two years after renovation

($m)

2

1.5

1

0.5

0

Average renovation cost

Major: $5,000,000

Minor: $445,000

Major renovation

Minor renovation

Average yearly revenues for renovated Dallas-Fort Worth courses