After nearly 100 years, the Minnetonka Country Club is closing and expected to become the Twin Cities' next golf course-turned-housing development.
Several developers have expressed interest to city officials about the 116 acres near Lake Minnetonka — the single largest parcel of property in Shorewood — after the country club abruptly announced its closing last month.
No proposal has been submitted yet to Shorewood, but city leaders said they've met with interested developers about the property in the small 7,300-resident suburb.
"It's a big chunk of land in the smack middle of town," City Administrator Bill Joynes said.
The historic golf course, which opened in 1916, suddenly announced in October that it would be closing, citing increased costs of keeping up the clubhouse facilities and golf course upgrades in light of decreasing revenue. On Friday, a rock concert raising money for pancreatic cancer research is billed as the golf course's final public event.
"It's sad," said Mike Woodley, the concert organizer and an Excelsior resident. "I hate to see change. It's historic … and it's beautiful. There's a lot of memories in that place."
The Minnetonka Country Club is one of several golf courses in the Twin Cities that have shut down in recent years, then turned into sprawling housing developments.
Last year, the owner of the 18-hole Lakeview Golf Course in Orono closed it and the City Council is expected to vote on preliminary approval Dec. 8 for 46 homes on 143 acres. The nearby nine-hole Red Oak Golf Course in Minnetrista closed, and 59 homes are currently under construction on the 21-acre site. And last year, Plymouth's 18-hole Elm Creek Golf Course closed; much of the 110 acres is expected to be turned into 156 homes, with final approval expected in 2015.