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HomeTravelConcert Golf Partners Adds Esteemed Jasna Polana to their Portfolio of Premier...

Concert Golf Partners Adds Esteemed Jasna Polana to their Portfolio of Premier Golf Clubs – Travel And Tour World

Deeptesh Ghosh

Thursday, July 11, 2024

Reading Time: 4 minutes

Concert Golf Partners has acquired TPC Jasna Polana, a historic and upscale private golf club located near Princeton University. Known as “Jasna Polana,” which translates from Polish to “bright meadow,” this 222-acre property features a prestigious mansion and an 18-hole golf course designed by World Golf Hall of Fame member Gary Player. Opened in 1998, the club is a licensed and operated property of the TPC Network by the PGA TOUR and is celebrated as one of New Jersey’s top private golf courses. Gary Player himself has described Jasna Polana as “the finest course of its type” in the world.

Concert Golf Partners, headquartered near Orlando, is renowned for acquiring the best clubs in the United States and enhancing the member experience through continuous reinvestment and premium service. The Piasecka Johnson Family selected Concert Golf from a competitive pool of 20 bidders for its vision and commitment to preserving and elevating the esteemed country club.

With the addition of Jasna Polana, Concert Golf now boasts a portfolio of 34 prestigious clubs, including The Club at Pasadera in Monterey, California; Gaillardia Country Club in Oklahoma City; The Club at Longview in Charlotte; and The Club at Renaissance in Fort Myers, Florida.

Jasna Polana’s 46,000 sq. ft. The clubhouse, originally constructed in 1975 as a private residence for Barbara Piasecka Johnson and J. Seward Johnson Sr., a Johnson & Johnson heir, Seward Johnson Sr., a Johnson & Johnson heir, is a stunning legacy property. Designed by renowned architect Wallace Harrison, known for his work on Rockefeller Center, Lincoln Center, and the United Nations Headquarters, the mansion was originally built to house the Piasecka-Johnson art collection and was one of America’s most expensive private residences at the time.

Since becoming a private club in 1998, Jasna Polana has attracted Fortune 500 company leaders and captains of industry, thanks to its tremendous prestige and exclusivity. Now under the ownership of Concert Golf Partners, Jasna Polana is set to continue its legacy as one of the premier private golf clubs in the United States.

“Jasna Polana will be an exceptional addition to Concert Golf Partners as the company continues to elevate its portfolio of premier, private golf clubs, and provides a unique opportunity to foster the progress and prosperity of the Princeton community,” said José Feliciano, Co-Founder and Managing Partner of Clearlake Capital, a member of Concert Golf’s Board of Directors, and a prominent Princeton University alum.

In 2020, Feliciano, with his wife Kwanza Jones, gifted $20 million to nearby Princeton University to build two dormitory buildings, contributing to the University’s efforts in increasing the undergraduate student body by about 10 percent. “We are humbled to invest in a Club with such a rich history, situated within a community that has profoundly shaped my life. We look forward to contributing to the continued legacy and growth of the club, and the vibrant community it supports,” said Feliciano.

The Piasecka Johnson heirs, with the assistance of Cushman & Wakefield, conducted a global search over the past decade to find a new steward for Jasna Polana. It became evident that Concert Golf was the ideal choice to preserve the Club’s legacy.

“We sought a new owner who would not only maintain the Club but also elevate it for our members. Concert Golf clearly demonstrated a strong commitment to preserving the storied traditions and history of Jasna Polana,” said Christopher Piasecki, President of Jasna Polana Golf Club. “Their vision aligns with our dedication to providing an exceptional experience for our members, ensuring that Jasna Polana continues its legacy, and to thrive for generations to come.”

Following the passing of J. Seward Johnson, Barbara Piasecka Johnson reimagined Jasna Polana as an exclusive private golf club. She brought in the PGA TOUR’s TPC Network to manage the facility and enlisted nine-time major champion Gary Player to design the 7,100-yard golf course, which opened in 1998. The course, renowned for its challenging play, boasts a rating of 75.0 and a slope of 145.

In addition to the championship course, Jasna Polana features a 3.5-acre practice facility, complete with a 60,000 sq. ft. practice tee, four putting greens, and multiple practice bunkers. The property also includes a variety of luxurious amenities such as event spaces, a tennis court, beautifully manicured gardens with a reflecting pool, and two private lodges offering 16 bedrooms for overnight accommodations.

More than 100 pieces of rare fine art will remain on-site, enhancing the club’s cultural ambiance. Concert Golf Partners plans to invest $3 million into Jasna Polana to further enhance the existing infrastructure, clubhouse, and golf course, ensuring it remains a premier destination for members.

“Jasna Polana boasts an immense history, from its ties to the Piasecka Johnson family to its role in professional golf as a past host of the PGA TOUR Champions and the classic Wonderful World of Golf match between Tom Watson and Hal Sutton,” said Jordan Peace, Senior VP of Corporate Development at Concert Golf. “We are extremely selective about the clubs we add to our portfolio, and we are honored to be the new stewards of this world-class club. Our mission is to preserve and enhance great private clubs, while honoring their culture and traditions in new and exciting ways.”

“With its rich history and status as a community staple in Princeton, Jasna Polana garnered significant interest, an exceptional 20 offers, despite current capital market conditions,” said Andy Merin, Cushman & Wakefield Executive Vice Chairman. “We conducted a thorough sales process that resulted in a strong response from a variety of investors, reflecting the unique value and appeal of this property.”

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