Triple Crown Corporation Acquires Blue Ridge Country Club
HARRISBURG, Pa., May 25, 2012 /PRNewswire/ -- Real estate development company Triple Crown Corporation has announced the acquisition of Blue Ridge Country Club on Linglestown Road in Harrisburg.
The purchase follows Triple Crown Corporations' acquisition of the nearby Colonial Golf & Tennis Club in 2009. The properties are roughly 1.5 miles apart. The company will merge the two clubs into a dual-club concept called The Clubs at Colonial Ridge, to be managed by property management company Brown Management.
Blue Ridge Country Club adds a number of amenities to enhance the joint club's experience:
- 18-hole, par 72, 6880-yard golf course
- Five tennis courts
- Fitness center
- Full sized swimming pool
- Snack bar
- Banquet/wedding facilities
"The addition of Blue Ridge Country Club reflects the new direction of our company," says Mark X. DiSanto, CEO of Triple Crown Corporation. "Properties like Blue Ridge fit nicely into our portfolio as we shift our focus away from new home construction to rental and commercial real estate."
The company stopped new home construction completely in 2012. DiSanto says it was a strategic decision.
"We expect growth to slow in the single-family home market while demand for rentals and commercial real estate continues to rise. So that's the direction we're taking the company," adds DiSanto.
Founded in 1977 by DiSanto's father Alex, Triple Crown Corporation began operations with four employees. His sons John and Mark purchased the company in 1997 and the company has grown at a steady pace over the last thirty-one years. They now have sixty-five full-time employees across the Harrisburg region.
Triple Crown Corporation is a developer, builder and property management company in Harrisburg, PA with over 30 years of experience. Since 1977, Triple Crown Corporation has been providing excellence in real estate services in the Harrisburg and surrounding areas. Triple Crown Remodeling Services includes basement redesigns, kitchen remodels, kitchens, bathrooms, decks and patios, additions, family rooms and outdoor features like windows, roofing, or siding. Triple Crown Corporation's rental communities include: La Collina - Susquehanna Township, Steeple Chase - Susquehanna Township, Paxton Mill Estates - Susquehanna Township, Whisperwood Apartments - Susquehanna Township, Mountaindale Condos - Susquehanna Township, Bent Creek Apartments - West Shore, Beaumont Square - West Shore, Georgetown Crossing - West Shore, The Falls at Beacon Hill - West Shore, Palmdale Square - Derry Township, Blue Meadows Farm - Lower Paxton Township, Fairfax Village - Lower Paxton Township, Piccadilly Square - Lower Paxton Township, and Ivy Ridge Rental Townhomes and Apartments - Swatara Township. For more information, please visit http://www.triplecrowncorp.com/.
Press Release Contact Information:
Triple Crown Corporation
(717) 657-5729 x129
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