Chattanooga-based commercial real estate development group Urban Story Ventures has acquired Valleybrook Golf and Country Club from Luken Holdings "with the intention of reigniting the historic brand and redeveloping the property as a premier golf and social club."
Officials said the new ownership, including a small group of Chattanooga natives, "has a vision for a new Valleybrook experience that pays tribute to the prestigious name and history while simultaneously appealing to the next generation of members."
One of the first 18-hole residential golf course communities built in the country, Valleybrook has hosted nine PGA Tour events, as well as nationwide tournaments. Members and guests of Valleybrook enjoy traditional amenities, including a practice green, driving range, pro shop, locker rooms, full-service restaurant, bar, and event space with catering.
While the club is currently semi-private, the new owners "have plans to reimagine the membership program and re-evaluate course and club access as new and exciting modern amenities are unveiled."