The Bay Club Co., San Francisco, has acquired two country clubs for an undisclosed sum, according to an announcement from the company.
The active lifestyle company acquired Fairbanks Ranch Country Club in Rancho Santa Fe, California, and The Golf Club at Boulder Ridge in San Jose, California, on Tuesday from two separate owners, according to the company.
"We're excited to expand our golf footprint and give our members access to two more preeminent California courses," said The Bay Club Company President and CEO Matthew Stevens. "Our plan is to evolve the traditional country club membership into a more modern and flexible offering that suits the needs of today's dynamic families. The Bay Club golf membership model eliminates food and beverage minimums and cart fees, includes complimentary childcare and camp for the families. In addition, we have robust programming ranging from summer concerts, unique fitness classes and exciting sports tournaments."
Both of the newly acquired properties complement the current offerings in the Bay Club portfolio and complete the four-quadrant playbook—focused on fitness, sports, hospitality, and family—to create a modernized lifestyle membership, the company announcement noted.
Built in 1983 and host to equestrian events in the 1984 Summer Olympics, the 274-acre Fairbanks Ranch Country Club includes a 27-hole golf course, eight tennis courts and a clubhouse. It is The Bay Club Co.'s second property in its San Diego campus, along with Bay Club Carmel Valley, located less than five miles south.
"The addition of Fairbanks Ranch Country Club, coupled with the recent significant renovations of Bay Club Carmel Valley, creates an almost unlimited assortment of amenities and signature benefits for our San Diego campus membership," said Bobbi Quick, The Bay Club Co. executive vice president of operations.
The Golf Club at Boulder Ridge in San Jose features an 18-hole golf course, driving range, clubhouse, and events pavilion—and joins Bay Club Courtside, Santa Clara, Santana Row and Cupertino in the company's Silicon Valley region.
"Our goal is to create spaces where the whole family can come to relax, socialize, and play—offering everything from family barbeques with lawn games, to time spent with colleagues and clients on the golf course, to evenings playing bocce with friends followed by wine and cheese beside the fire pits," said Lisa Graf, The Bay Club Co. executive vice president of operations.
The acquisitions come a year after The Bay Club Co. announced another expansion of its Silicon Valley Region with the addition of Bay Club Santana Row. Now with Fairbanks Ranch Country Club and Boulder Ridge Country Club, The Bay Club Co. operates 20 plus locations across multiple California campuses. The campuses are comprised of multiple properties within an area that feature complementary amenities, thereby providing its members a collection of offerings too vast to be accessible at any single location. These properties include fitness centers, athletic clubs, swim and tennis clubs, and country and golf clubs.
Along with the acquisitions, The Bay Club Co. is launching new membership options and will be hosting open house and specialty program events at both new properties throughout the summer.