About PACC 20/20 & Beyond

A primary role of the PACC Board of Directors is to monitor the performance of the Club and chart a strategic course to ensure that our programs and amenities meet the standard and needs of not only our current Members, but also of future generations. With that in mind, after many months of analysis and deliberations, the Board of Directors recommended and membership approved  the PACC 20/20 & Beyond plan.

This strategic action plan includes significant enhancements to our Club over the next six years, including:
  • A complete renovation of our aquatics complex, which will feature a new resort-style swimming pool with zero/beach entry, children’s water features, cabana bar, shade structures, resort-style furniture, an attractive entry building and family restrooms;
  • The acquisition and renovation of the property at 3901 Holly Road, which will be converted to the “Holly Beach Bungalow” and made available for overnight accommodations for Members and their guests;
  • A new youth room in the clubhouse designed specifically as a retreat for young ladies and gentlemen to include computers, gaming systems, table games, lounge furniture and more;
  • Tennis and Pickleball enhancements including court 8 being converted to two pickleball courts;
  • The completion of our conversion to Better Billy Bunkers on the golf course;
  • Other golf course improvements that may include the addition of a putting green adjacent to the driving range as well as an enhanced short game practice area and cart path enhancements;
  • An indoor golf simulator/instructional center; and,
  • A refreshing of the Linkhorn Lounge bar area to develop an elegant “bourbon bar” atmosphere.
To develop this plan, the Board worked diligently for more than two years with various Club Committees, a Master Planning Committee, the Building Committee and our Operations Team in consultation with architectural, engineering and design professionals. The collaborative group utilized input from the 2016 Member Survey, nationwide club trends and multiple studies, to ensure that this plan encompasses projects that will best serve our current and future Members.

Rather than reach out to our membership for an up-front investment, it is the goal of the Board and Operations Team to fund PACC 20/20 & Beyond through our monthly capital fees and bank financing. Fiscal year 2019 was an exceptional year financially for the Club, with the Chesapeake Room renovation, enhancements to the indoor tennis facility, and a significant number of new members, contributing to that success. The Board is confident that continued strong performance will allow us to fund the PACC 20/20 & Beyond in a fiscally responsible and strategic manner. The only request of you is that you continue to enjoy your Club and encourage your friends, family and colleagues to join the PACC family.

 

Project Costs & Funding

Over the past 17 years, the Princess Anne has invested more than $24 million in major projects to enhance the Member experience. During that time, the Club has efficiently serviced debt through a combination of the monthly capital fee, upfront Member investments and new Member joining fees. The Club's total debt currently totals close to $7.5 million. This past fiscal year your Club invested over $1.8 million in capital improvements, primarily to the Chesapeake Room and tennis facilities, all funded through cash reserves.

To fund PACC 20/20 & Beyond, the Club will borrow an additional $4 million and fully fund all debt service through ongoing monthly capital fees that generate just over $1 million annually. This past fiscal year, the Club generated more than $1.2 million in income after debt service and has adopted a budget for the 2019-2020 fiscal year that will net nearly $950,000 after debt service. This income and future positive cash flow will be allocated to the Club's capital reserve fund and PACC 20/20 & Beyond projects.

 
PACC 20/20 & Beyond Estimated Costs
Pool $1,800,000
Pool Entry Building $380,000
Poolside Cabana Bar & Deck $350,000
Site Work $900,000
Youth Room $50,000
Better Billy Bunkers $500,000
Short Game Area, Putting Green & Cart Paths $750,000
Indoor Golf Simulator & Learning Center $200,000
Pickleball & Tennis Enhancements $450,000
FF&E, IT, Security & Equipment $350,000
Linkhorn Lounge Bar Refresh $125,000
Holly Beach Bungalow Renovation $70,000
Contingency $650,000
Total Proposed Projects $6,575,000

Timeline

The projected timeline of implementation has been strategically designed to best balance maintenance-driven and member-preferred enhancements, while appropriately managing the Club's fiduciary needs.

Fiscal Year 2019-2020 (October 2019 - September 2020) Projects:
  • Pickleball & Tennis Court Improvements l Fall 2019
  • Holly Beach Bungalow Renovation l Fall/Winter 2019-2020
  • Better Billy Bunker Completion l Fall/Winter 2019-2020
  • Youth Room l Completed by Summer 2020
  • Pool Renovation l Labor Day 2020-Memorial Day 2021
To ensure continued fiduciary prudence, from 2020-2025 each additional project will be executed based on the Club's financial performance.

Frequently Asked Questions

  1. How were the projects prioritized?
    The timeline of project implementation has been strategically designed to best balance maintenance-necessitated enhancements with member-preferred enhancements, while appropriately managing the Club's fiduciary needs.
  2. What are the parking implications of the pool project?
    The pool renovation will require the elimination of approximately ten parking spaces (nine regular and one handicap) from the Club's southwest parking lot; however, the current plan is to increase parking spaces in the Club's northwest parking lot as part of the Holly Beach Bungalow renovation. Long term, there may also be adjustments to the Club's main parking lot to add additional parking spaces as well as another access point off of Linkhorn Drive.
  3. Why are we replacing the pool entirely can’t it just be repaired and updated?
    While well-loved by Members, the current pool is 27 years old and is the oldest asset on the Club's property. Ongoing maintenance issues combined with changes in pool trends for private clubs as well as member feedback placed this project high on the priority list for the Master Plan Committee and the Board of Directors.
  4. Why is the Club taking on more debt?
    The Board of Directors and Finance Committee have studied this issue extensively and determined that it is best to absorb more debt at this time as opposed to levying a membership assessment, which historically has reduced our membership roster, or deferring capital investment. The current monthly capital fee provides sufficient revenue to appropriately service the Club’s debt.
  5. Are there any planned fitness enhancements?
    The Board of Directors has made a commitment over the next six years to continually upgrade fitness equipment and the current fitness facility. The Master Plan and Building Committees thoroughly vetted an expansion to the existing fitness facility and recommended the construction of a new fitness facility be part of our future, long-range Master Plan. The Aquatics complex was designed to accommodate a potential site for the future fitness facility.
  6. Will these projects impact funds to complete ongoing maintenance?
    No. The Finance Committee and Board of Directors have established a separate "Reserve Fund" to continually fund capital replacement and repair items such as HVAC, carpet, paint, fitness equipment, golf course equipment, roofing, etc.
  7. Are there plans to enlarge/modify the Breakers or Breakers kitchen?
    There are no formal plans to enlarge the Breakers kitchen at this point; however, the Building and House Committees and Operations Team continue to explore options within the existing kitchen footprint.
  8. Will there be any changes to how the fitness center is accessed?
    No. The current stairwells and elevator will remain intact.
  9. Will there be any changes to the pool locker rooms?
    While there will be no changes to the current pool locker rooms, the new pool entry building will feature two new family restrooms.

Aquatics Complex Construction to Mobilize August 24

Renovation of the Aquatics Complex is set to begin Tuesday, September 8th. We hope you will join us in giving the current pool a final send off over Labor Day Weekend. Don’t forget, you can stay up to date on renovation activities by following us on Facebook & Instagram. Our contractor is making every effort to minimize impacts to our Membership during construction. However, we ask that you please note the following:

  • We kindly ask that Members and Guests relay any questions/comments/concerns regarding construction activities to General Manager Bill Shonk at 757-440-3100 or wshonk@princessannecc.com so that we may address them with our contractor Comp Construction. Please do not address construction team members directly.

  • Beginning August 24, the southwest parking lot (adjacent to the sports court) will be for construction parking/staging only. Member parking will be unavailable in this area until construction is complete. We thank you in advance for your understanding with this inconvenience and respectfully ask you to utilize the main east parking lot and northwest lower lot.

  • Beginning August 24, the sport court will be temporarily taken down as we relocate utilities. Don’t worry, the sport court will be back up and running when construction is over.
  • Please note, entry to the fitness center will continue to take place through the west side doors (entry on the west, exit on the east).

  • For your safety, please obey all construction signs and keep out of construction and staging areas.

The Bungalow is Ready to Book

We are excited to announce that construction on the Holly Beach Bungalow is now complete. We are so pleased with the outcome and home our Members and guests will love it as much as we do. For more information on amenities, rates and booking details, click here. A special thank you to our General Contractor Summerset Construction, Interior Designer Panache Interiors, Building Committee and Operations Team for transforming this North End gem. 


       

      

      

20/20 Golf Course Project: In Its Final Stages!

As the weather is starting to break, the PACC 20/20 & Beyond Golf Course Project is in its final stages!
 
  • The contractor is finishing up all the bunker work including spraying the Better Billy Bunker Polymer and adding sand.
  • The cart paths are finished outside some additional drainage that will be put on #1, #3 tee, #5 tee and #6.
  • The Club approved an additional bunker that has been shaped and will include the BBB system and new sand.
  • We are also in the process of expanding the black teeing area of #9 to increase the size of the teeing area.
  • The Club added a turn around behind #6 green to increase traffic flow and speed up play.

Overall these projects will be finished over the next seven days and we are planning to sod around remaining bunkers, finish punch list items and sod other portions of the project the week of March 9. Pending weather, Duininck should be pulling out of Virginia Beach the weekend of March 13!

Thank you for your patience as we navigated the challenges of a project this size, while keeping the golf course open for play!
 

Paths & Bunkers are Taking Shape

We're well underway on our cart path and Better Billy Bunker Conversion project. Course Architect Tim Liddy was on site last week and was very pleased with the progress. Here's a snapshot of what's taking place. 

Bunkers
  • Minus #3 fairway bunkers, all front nine bunkers are cleaned out and ready for Better Billy Bunker installation
  • Back nine bunkers will be cleaned out this week
  • Shaping work has been done on the bunker near #11 tee and #10 fairway bunker

Cart Paths
  • Minus some finish work, all cart paths on the back nine have been converted to sand
  • Front nine paths are in progress and should be finished soon

Sand Dunes
  • From Mr. Liddy’s last visit, there will be sand dunes added to replace the bunker in front of #11 ladies tee, #15 bunker behind the green, and #18 fairway bunker. The old sand from the bunkers will be used to cap these dunes and create a new feature. The sand mound left of #5 green will be enhanced to reciprocate the new sand dunes look and texture.
  • Minor shaping continues as they continue to deposit cart path material from the cart path conversion.

We are still on track to complete this project by early April and look forward to providing additional updates as work progresses. We sincerely appreciate the continued patience of our members and guests as we work to improve our course. For additional information, feel free to reach out to Director of Golf Course Maintenance and Club Ground Matt Boyce.

        

Pickleball Mania!

Pickleball is one of the fastest growing sports in America. There has been quite a bit of interest within our club over the past couple of years. We’ve been offering hit around sessions that many members have enjoyed. Those sessions will continue so make sure to come out to the courts and play!