ClubLink Initiates Planning for the Redevelopment of Kanata Golf Lands

OTTAWA, Dec. 14, 2018 /CNW/ - ClubLink, owner and operator of the Kanata Golf & Country Club, announced today that it will pursue options for alternative use of the golf course lands. ClubLink has partnered with Minto Communities and Richcraft Homes, two reputable developers with a long history of building vibrant, residential communities, to assist with community engagement and redevelopment plans for the property.

"Golf courses are struggling across the country, and particularly in saturated markets like Ottawa. Participation levels have declined and people are playing less golf while operating costs continue to rise," said Robert Visentin, ClubLink's Senior Vice-President of Investments. "Ottawa is a vibrant, growing city and we believe there is an opportunity to better utilize this 70 hectares of land to meet the interests of the community."

"This is a special opportunity to have such a significant piece of property inside the city's urban boundary that can be designed to reflect the community's needs ? such as much needed new housing for families, and high quality public green spaces," noted Brent Strachan, Ottawa Division President, Minto Communities. "We look forward to contributing to a project that we as a company and the broader community can be proud of."

Steve Grandmont, Chief Operating Officer, Richcraft Homes added, "As a long-time builder in Kanata, we know this community well and appreciate that residents will want their values reflected in this plan. We're going to work hard to get it right."

Beginning in early 2019, ClubLink, Minto Communities and Richcraft Homes will undertake a community engagement process that will inform a land-use plan for the property. This process will also be carried out in close collaboration with City of Ottawa officials to ensure the plan is supportive of the City's priorities of liveability and smart growth.

Visit www.kanatapossibilities.ca for more information and to sign up for project updates.

About ClubLink Corporation ULC
ClubLink is Canada's largest owner and operator of golf clubs with 53 18-hole equivalent championship and 3.5 18-hole equivalent academy courses at 41 locations in Ontario, Quebec, and Florida.

About Minto Communities Canada
Minto Communities Canada, a division of The Minto Group established in 1955, is one of the premier real estate companies in Canada with a fully integrated real estate investment, development and management platform. Minto Communities has built more than 85,000 new homes, and is well recognized by the Canadian real estate industry as four-time winner of Building Industry and Land Development Association's Green Builder of the Year, four-time winner of EnerQuality's Ontario Green Builder of the Year award and two-time winner of the Ontario Home Builder Association's Home Builder of the Year award.

About Richcraft Homes
Since 1984, Richcraft Homes has built over 16,000 homes for families in Ottawa. Their team has a passion for building great designs that are reflected in a vast array of their award-winning homes. All new Richcraft homes are also built using the latest ENERGY STAR standards. As a family-owned and operated business, Richcraft is a community leader that continues to give back to Ottawa and to the communities they build.

SOURCE ClubLink Corporation