Signature H, 5th Hole Investments, and the Klein estate reach a settlement
In like a lion, and out like a lamb.
New Errol, the proposed $150-million project which included 264 new residences, a redesigned championship golf course to be named Staghorn Country Club, a 15,000 square foot clubhouse with restaurant, a boutique lodge hotel, a two-acre water park, outdoor parks and trails, and an Adult Living Facility has been officially terminated in a settlement between the Signature H Property Group, 5th Hole Investments, and the estate of Larry Klein.
The Apopka City Council approved the project in March of 2018 with raucous capacity crowds in attendance for each stage of the process to both applaud its progress and verbally criticize anyone who showed skepticism. In 2017, the New Errol project was voted “The Biggest story of 2017” by readers of The Apopka Voice.
In a brief statement on its Facebook page over the weekend, New Errol/Signature H said goodbye to Apopka and the Errol residents:
“Signature H Property Group, the Estate of Larry Klein and 5th Hole Investments have agreed to settle all matters between them. Signature H Property Group will no longer redevelop the Errol Estate golf course and country club in Apopka.5th Hole Investments will remain the sole owner of the property. Any inquiries related to the property should be directed to 5th Hole Investments. This Facebook page will no longer be maintained.”
Apopka City Commissioners Doug Bankson and Kyle Becker were the only members on the City Council that oversaw the project for the City from start to finish. Both were disappointed at the outcome.
“The recent events with the Errol project are a disappointment I know, especially to the citizens that call Errol home,” said Bankson. “Too much stirring can ruin the stew, so I would say let’s wait to hear the whole of the story and the other possibilities that may arise. I would be very interested to hear what the Klein family has to say. Errol is an Apopka gem, and I am supportive of anything that will result in the restoration of the dream of a first-class course and amenities. The residents of Errol deserve it, and we would all benefit from it.”
It’s an unfortunate turn of events,” said Becker. “During our public hearings on this development, I voiced my concerns about its feasibility but genuinely wanted to see this come to fruition as it could have been a tremendous asset for Errol and Apopka. I feel for the residents of Errol Estate who just want the best version of the community they love. Hopefully, the current owners of the land work to ensure an amenable outcome with Errol residents.”
Former Errol Golf Course Superintendent Jimmy Dutcher feels for the Errol residents but also sees it as a loss for the Central Florida golf industry.
“As the last course superintendent and someone who worked to help make the project happen this saddens me. You all can only hope someone will come in and build houses on the vacant course. Sad day for us that make our living in golf as another course in central Florida is gone for good. Be well and good luck Errol you’re always in my heart.”