Purcell International Education (PIE) and the Kimberley Golf Course (KGC) have announced a closing date of January 13, 2020, for the purchase of golf course property.
PIE said the sale follows 18 months of cooperative negotiations between KGC and itself to work out a deal.
The sale is meant to secure land for PIE to build a private boarding school in Marysville which will focus on elite athletics, Purcell Collegiate.
“We view this deal as a partnership, not a purchase. It was designed from day one to be mutually beneficial to PIE and KGC and we jointly engaged the process to ensure the best interests of the KGC membership were not only secured but enhanced,” said PIE President Duncan MacLeod. “We look forward to working with KGC to build four new, world-class holes for the course prior to beginning school construction on what will become the former site of holes 6, 7, 8, and 9.”
According to PIE, both it and KGC will be gearing up the 2020 golf season, and a ribbon-cutting launch event on January 15th.
BACKGROUND: Planned Kimberley Boarding School Educated Public on its Progress (December 6, 2019)