Redstone Golf Club, home of the Shell Houston Open for the past decade, has a new owner.
Fort Worth, Texas-based Escalante Golf is buying Redstone GC, whose Tournament Course hosts the PGA Tour each spring (the facility also includes the Member Course) from the Redstone Companies. Also included in the deal are several other Houston-area properties: Shadow Hawk Golf Club, the Houstonian Golf & Country Club and BlackHorse Golf Club (North and South Courses).
''These iconic clubs and courses have excellent reputations in the local market with unique designs and overall experiences,'' said Escalante Golf President David McDonald. ''We will build on the foundation created by The Redstone Companies to enhance every aspect of membership and public play.''
These six courses join a portfolio at Escalante that also includes the Golf Club at Dove Mountain in Marana, Ariz.; Crosby National Golf Club in Rancho Santa Fe, Calif.; Country Club of the North in Beavercreek, Ohio; and Black Diamond Ranch in Lecanto, Fla.
''Escalante has built a strong portfolio of golf properties across the nation,'' said Redstone CEO Robert Henricksen. ''Shadow Hawk, the Houstonian Golf & Country Club, Redstone Golf Club and BlackHorse offer a great complement to Escalante's portfolio, while helping to expand their reach into the state of Texas.''
The 36-hole BlackHorse GC is widely considered the premier daily-fee facility in the Houston area, while Shadow Hawk and the Houstonian are among the city's most exclusive private clubs. Both Shadow Hawk and the Houstonian feature Rees Jones-designed courses. The Tournament Course at Redstone is a Rees Jones/David Toms design, while the Member Course was created by Peter Jacobsen and Jim Hardy.
The price for the transaction was not disclosed.