The Great Southern Club fights to stay open
The Great Southern Golf Club on Highway 90 has been open since 1908 and they recently filed for bankruptcy.
Now, the state’s oldest golf course is attempting to restructure the debt they’ve accumulated since Hurricane Katrina destroyed the property in 2005.
Board president Ellis Hill says they were not able to generate enough cash to pay the mortgage last month. However, the board is still working hard to keep the club open.
Hill says so far, they’ve closed their restaurant that wasn’t profitable and are currently looking for someone to lease it. “We have 129 acres on the course. We have 50 on the beachside here where we are now and 79 acres on the other side. So, about 25 to 29 acres that are not being used by the golf course at all that could be re-used for something else. That something else we think is condos or zero lot line homes, that kind of thing.”
Hill says those who move into these homes will be a part of a home owner’s association. Part of the HOA dues would go towards maintenance of the course.
The club has 90 days to gather a plan to present to the bankruptcy judge.