golf

Virginia County Sells Golf Course for $1 After $3M Purchase

Henrico County sold The Crossings Golf Club for just $1 to McConnell Golf, two years after purchasing it for $3 million with ambitious development plans.

Henrico County Economic Development Authority purchased The Crossings Golf Club in 2024 for $3 million with plans to partner with a private firm for a $10+ million investment to keep a PGA Tour Champions event in the region. However, the investment never fully materialized, leading to the sale to McConnell Golf, a North Carolina-based company. chickenroadslot.lat

In exchange for the nominal sales price, McConnell Golf will invest approximately $6 million to renovate the course and clubhouse, reopening it as a public, daily-fee club accessible to high school teams and tournaments. The deal, which could close within 45 days, aims to reopen the course in fall 2027 while potentially attracting professional golf events to the region.