New owners take over Thumper Pond in Ottertail
Madison Hospitality Group, LLC, a Minnesota-based hospitality operator, has purchased Thumper Pond Golf Resort, a popular destination property in Ottertail. Terms of the transaction were not disclosed.
Bill Schultz, vice president of Madison Hospitality Group, said more than a half-million dollars are slated for investment in the 250-acre full-service three-star resort.
"We are committed to the future success of Thumper Pond -- both through a significant investment of capital and a passion to serve our current and future resort guests," Schultz said.
There is a new vision at the property in Ottertail, with plans being made for an extensive restaurant renovation as well as a facelift for the public spaces on the property. Thumper Pond Golf Resort features amenities for guests including an all-suite hotel, championship 18-hole golf course, pro-shop, conference center, restaurant/lounge, spa and indoor waterpark.
One of the latest developments is the commitment to seeing a residential community surrounding the golf course. Thumper Pond's new owners are in the process of terminating the rather unpopular "common interest community" plan and converting to 29 larger single family lots that feature wooded sites overlooking Thumper Pond's fairways and other spectacular natural sights.
"What I'm most excited about is the restructuring of the development," said Laurie Woessner of Boll Realty. "There are already community utilities, sewer, water and natural gas in place. It's priced well below current lakeshore lots and other properties in the area. Combining the accessibility of over eight lakes within in a five mile radius and the natural beauty of the golf course, you'll find Thumper Pond the perfect location for your new home."
"We have some exciting things planned here at Thumper Pond that will be new and interesting in addition to the amenities that already make this such a special place," said Schultz.
Madison Hospitality Group, LLC is a leading Minnesota-based operator of hotels, restaurants, and resorts. In addition to Thumper Pond Golf Resort, Madison operates: Holiday Inn in Alexandria, Grand Ely Lodge in Ely, Le Bourget Aero Suites in Bloomington, Rudy's Red Eye Grill in Alexandria, and Culver's Restaurant in Alexandria.