Prescott Lakes under new ownership

Century Golf Partners/Arnold Palmer Golf Management principal Doug Howe partnered with Prescott (Ariz.) Lakes Community Association to acquire Hale Irwin-designed Prescott Lakes Athletic Club and Prescott Lakes Golf Club. The clubs will be combined and operated as one private club known as The Club at Prescott Lakes. The clubs were previously held by Prescott Lakes Golf Club, LLC, a company owned by the original developers of the Prescott Lakes community.

Arnold Palmer Golf Management and the Community Association for Prescott Lakes received overwhelming approval in April from the 1,500-plus households, lot owners and golf members after working on several transition plans during the past year. Part of the acquisition plan includes an expansion of the clubhouse to include a new grill room and banquet hall. The planned expansion is being financed by Sun West Bank and scheduled to be completed in late 2011. Arnold Palmer Golf Management is owned by Century Golf Partners, which operates more than 60 courses and clubs.

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