Development possible for W.D.M. golf course
City officials know the Ponderosa may be sold and expect to meet soon with prospective buyers.
By TOM SUK
REGISTER STAFF WRITER
November 13, 2004
The Ponderosa Golf Course, an inexpensive oasis for golfers in the middle of West Des Moines' building boom, is being targeted for development.
The 65-acre, nine-hole course lies between two $100 million projects now being built - West Glen and the Galleria. Nearby is the $200 million Jordan Creek Town Center and the $250 million Wells Fargo Home Mortgage office complex.
"It is very strategically situated. It is a very nice piece of land," said Clyde Evans, West Des Moines development director.
Evans said city officials have not been formally notified of a sale but know that the property may change ownership. The prospective buyers are expected to meet soon with city officials, he said. "I think they are still in the process of determining what they want to do" with the land, Evans said Friday.
Attorney Kenneth L. Butters, a spokesman for Ponderosa's owners, said it was too early to discuss plans for the course. "The people involved are now beginning discussions with the city on what can be done with that property. It may involve rezoning," Butters said. "It will be a several-month process" before a sale, if any, is finalized.
Paul Latta of West Des Moines is the director of the golf course, according to state incorporation papers. Sally Latta is listed as president, secretary and treasurer of the corporation.
Neighbors contacted
Michael R. Blaser, whose back yard abuts the course on Coachlight Court, said Ladco Development Inc. of West Des Moines has contacted him and his neighbors to discuss the Ponderosa property.
No one was available at Ladco to comment, a receptionist said Friday.
The golf course is bordered on the north and northeast by several homes with assessed values of $300,000 to $425,000. Evans said city officials will take careful note of the existing nature of the area.
"We most definitely will require a transition area between the existing housing and whatever they plan to do in the south portion of the property," Evans said. "We see mostly single-family homes to the north and east of the property basically to interface with the existing single-family homes."
Blaser said it was no shock that the area would lose its bucolic setting.
"Our anticipation was that it was not always going to be a nine-hole golf course" after the massive Jordan Creek mall project was announced, he said.
The golf course is zoned as agriculture/open space property. To open the land for development, the city would have to approve an amendment to the land-use plan, which requires public hearings before the West Des Moines Plan and Zoning Commission and City Council, Evans said.
High-value land
According to the Polk County assessors office, the assessed value of the golf course in 2003 was $668,000, which includes $442,000 for the clubhouse and other buildings.
Blaser, an attorney involved in some land sales in the area, said single-family home lots are selling for $35,000 to $40,000 an acre. Commercial property has been selling for $7 to $8 a square foot, Blaser said, or about $305,000 to almost $350,000 an acre.
Ponderosa is known as a low-priced alternative for golfers. Greens fees are $12.25 for nine holes or $17.50 for 18.
A phone message at the course indicated it was closed for the season.
It may not reopen. Evans said he believes developers "will probably want to start their project this spring."

