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Friday, May 8, 2020
Block-led group buys south KC country club

  

By: Thomas Friestad

Source: https://www.bizjournals.com/kansascity/news/2020/05/08/ken-block-investors-buy-oakwood-country-club.html

The nearly 140-year-old Oakwood Country Club in Kansas City is under new ownership.

OCC Investors LLC, led by developer Ken Block and including longtime current and former club members, on May 1 acquired the 210-acre club at 9800 Grandview Road for an undisclosed price.

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Starting in three weeks, and during the next 18 months, Block told the Kansas City Business Journal that he hopes to reposition the club as a world-class golfing destination, where players of all skill levels - from young beginners to local pros - can have a good time. Block played his first round of golf at the club when he was 9.

"Our goal is to be the best in Missouri and hopefully better than that, so we're going to take the time to do it right," said Block, managing principal at Block Real Estate Services, LLC.

Key to the coming $5 million modernization effort will be devleoping a new driving range, a short-game practice facility and a Center for Excellence, featuring golf simulators and heated golf bays.

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Read the full article at: https://www.bizjournals.com/kansascity/news/2020/05/08/ken-block-investors-buy-oakwood-country-club.html

Tags:    Kenneth G. Block   Block Development Company   Block Funds   Block Real Estate Services   BRES