Timeline: Gaillardia

Timeline: Gaillardia
by Brianna Bailey Published: November 10, 2013
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Timeline

Gaillardia's course

September 1995: Ground broken on property between the Kilpatrick Turnpike and NW 150 and between MacArthur Boulevard and Meridian Avenue for the 600-acre master-planned golf, residential and commercial development envisioned as an exclusive enclave for some of Oklahoma City's wealthiest residents.

September 1997: Residential lot sales begin in Gaillardia. Home prices range from $300,000 to about $1 million.

July 1998: Gaillardia Golf and Country Club's 18-hole championship golf course opens.

August 1998: The first residents move into the gated Gaillardia community.

February 1999: Work on Gaillardia Golf and Country Club 55,000 square-foot Normandy French clubhouse is completed.

October 2002: Gaillardia hosts the PGA Senior Tour Championship for second straight year.

December 2002: The Little Rock, Ark.-based private equity firm Herrington Inc. purchases Gaillardia from subsidiaries of The Oklahoman parent company Oklahoma Publishing Company. The terms of the sale are undisclosed.

June 2013: Gaillardia's lenders begin foreclosure proceedings against the Arkansas-based owner of Gaillardia Golf and Country Club. Saddled with a heavy debt load, the country club enters receivership.

August 2013: An affiliate of Newport-Beach, Calif.-based Concert Golf Partners purchases the primary mortgage on Gaillardia from Bank of the Ozarks for an undisclosed sum. Concert Golf expresses interest in owning the country club.


by Brianna Bailey
Business Writer
Brianna Bailey has lived in Idaho, Germany and Southern California, but Oklahoma is her adopted home. She has a bachelor's degree in Journalism from the Univerisity of Oklahoma and has worked at several newspapers in Oklahoma and Southern...
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