Planning continues for a new era at the Glencoe Golf Club as cost projections are moving higher. Village officials are now estimating the renovation and update of the Glencoe Golf Club – highlighte…
Village officials are now estimating the renovation and update of the Glencoe Golf Club – highlighted by construction of a 10,000 square foot clubhouse/pro shop – will cost between $17 million to $18 million once construction is completed., voters approved a bond sale referendum allowing the village to borrow up to $15 million for the project set to replace the existing aging clubhouse.
“That’s really unfortunate and that’s life,” Village President Howard Roin said at the March 21 Village Board meeting. Another source of funding will come through the Friends of the Glencoe Golf Club, a 501c3 charitable organization has been set up to raise private dollars.“The campaign is in the early fundraising stage,” Thomas wrote in an email. “An announcement regarding progress on the project and the campaign will take place in 2025.”At the March 21 meeting, village staff presented the board with the potential benefits of an installation of geothermal heating and cooling system.
However, staff believes a return on investment can be achieved in seven to 10 years with a geothermal system.Geothermal is familiar in Glencoe as starting in 2012, District 35 installed geothermal systems at its three schools leading to over $40,000 in combined cost savings per year, according to district officials.
Kiraly said there would be an update regarding the geothermal proposal at the April Village Board meeting.
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