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Golf Services - Success Stories

Acme Lakes - Market and Financial Feasibility Study

  • Study Type: Market and Financial Feasibility Study
  • Location: Muscatine, Iowa
  • Client: Acme Materials Company

This study was commissioned by the Acme Materials Company to evaluate the potential for developing an upscale 18-hole daily fee golf course on a parcel of land just south of Muscatine, Iowa. Muscatine is located on the Iowa/Illinois border south west of the Quad cites and east of Iowa City and has the potential to draw players from each of these regions.

HVS Golf took on this project in order to assist in deciding the following issues: (a) assisting in planning decisions relating to golf course development, (b) establishing the market and financial feasibility of golf course development at the Acme Muscatine site and (c) providing detailed information to assist owners and board members in the evaluation of this opportunity (d) providing a base of information for future partners or team members in this project.

After determining the high demand for golf in the region and the excellent geographical placement that allows Acme Lakes to draw from numerous markets, HVS Golf recommended the course be targeted to the upscale regional market; additionally, the course should have complimentary amenities to serve this market.