Latest / Kendall County News - Shaw Local / Megalodome Golf launches $50 million investment fund to build domed golf course in Oswego
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- 0:05Speaker 1: Megalodome Golf launches fifty million dollar investment fund to build
- 0:10domed golf course in Oswego. Written by Eric Shelkoff. This
- 0:17article is being read by an automated voice brought to
- 0:20you by Everlett. Canada based Megalodome Golf has announced that
- 0:26it has launched a fifty million dollar investment fund to
- 0:29build its nine hole domed golf course near Route thirty
- 0:33in Oswego. The company made the announcement recently on its website.
- 0:38In September twenty twenty four, Osweko Village Trustees unanimously approved
- 0:43the concept plans of Megalodome Golf to construct four two
- 0:46hundred and seventy thousand square foot golf domes that would
- 0:50house the nine hole golf course along with a practice
- 0:52and training facility. An eight thousand square foot clubhouse also
- 0:56is proposed. The practice and training facility would incl include
- 1:00a two hundred and seventy five yard driving range that
- 1:03would allow for real ball flight visualization. Established in close
- 1:07collaboration with renowned capital raising expert Brad Blazar and his
- 1:12platform Capital Connections and his legal team, this fund marks
- 1:16the official kickoff of a project set to redefine industry standards.
- 1:20The company said in a statement, this strategic partnership ensures
- 1:24a solid and attractive structure for accredited investors looking to
- 1:27partner with a world first. The project is being called
- 1:31as the world's first indoor golf experience that replicates a
- 1:34real golf course. It is proposed for one hundred acres
- 1:37west of Route thirty and north of Rance Road. In
- 1:41talking to Oswego Village trustees about the project, Megalodome Golf
- 1:45President and general manager Bertrand Quinton noted that trees, cactuses,
- 1:49and grass that are part of the proposed landscape would
- 1:51be artificial. Only the sand and the ponds are natural.
- 1:55He said. The property currently is unincorporated and zoned agriculture
- 2:00in Will County. Plans also set aside about thirty four
- 2:03acres for potential future development and seven to one five
- 2:06acres for stormwater detention. Oswego Village President Ryan Kaufman was
- 2:11impressed by the plans. I think this is just so cool,
- 2:15he said, following a presentation on the proposal. This is fantastic.
- 2:19There is nothing else in the world like this. The
- 2:24proposed golf domes would be one hundred and ten feet high.
- 2:28This will allow for full swing capacity for those big
- 2:30hitters who can hit it that high, said Carrie Hanson,
- 2:33director of planning and government services for Oswego based Shopping
- 2:36Design Associates INK, told Trustee. In addition, the domes would
- 2:41incorporate state of the art climate control to maintain perfect
- 2:44playing conditions year round, regardless of the weather. Hanson said
- 2:47the domes will be designed to withstand winds of up
- 2:50to one hundred and twenty mile paint. The course design
- 2:53is inspired by Arizona's renowned golf courses. The design offers
- 2:58golfers a sense of escape on a course that mimics
- 3:01one of the best in the world. Hanson said the
- 3:05facility would be open from six am to midnight, seven
- 3:08days a week and is expected to attract about two
- 3:10hundred ninety thousand customers a year. A traffic study will
- 3:14be done to make sure that we are not overburdening
- 3:16the adjacent roadway systems, she said. ADU story glass clubhouse
- 3:21would be built between Domes one and four. There are
- 3:24plans to possibly add a third story to the clubhouse.
- 3:29This would add event and banquet capacity, which we know
- 3:32as a need here in Oswego. Hansen said the clubhouse
- 3:35would feature a pro shop, bar and lounge areas. It
- 3:38also would accommodate cloak and locker rooms and office space.