At present, the sale is closing, which means that the prospective owners — Wolff Company and Discovery Land — cannot comment on it, being in a "quiet period" … and we certainly tried to ferret some information, any information, out of them.
Wolf and Discovery prevailed on Nov. 22 in what had been a heated bidding war for the Las Vegas Country Club. At the time, LVCC General Manager Gordon Digby thought Wolf and Discovery might build two residential towers on the site of the clubhouse. When he spoke with LVA, Digby scaled back that estimate to one tower. "They can’t touch the golf course," however, due to its being zoned C-2 (commercial).
Country Club members voted overwhelmingly last autumn (85%) to sell LVCC, choosing the Wolff/Discovery bid by a 27-vote margin (6%). Each member will be $29,347 the richer for the $22.5 million transaction.
Even brokerage CB Richard Ellis didn’t know Wolff and Discovery’s plans for the site, which may be revealed later this month or in early February. "It’s complicated, because there are 466 members/owners and six parcels of land and eight buildings. It’s not the easiest transaction in the world," Digby told the Las Vegas Review-Journal
Discovery is keeping busy in the meantime. In tandem with the Howard Hughes Corp., it's building The Summit Club golf course (with residential units) in the Red Rock area.
