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DAUPHIN COUNTY
Triple Crown Corp. is taking over Colonial Country Club in Lower Paxton Township, Dauphin County, after buying the mortgage on the property from M&T Bank. Triple Crown, also based in Lower Paxton Township, is a builder, developer and manager of commercial and residential real estate. The company's president, John DiSanto, recently spoke to the Business Journal about his plans for the country club and the overall outlook for real estate.
Q: Why did you buy Colonial Country Club?
A: We have extensive and varied interests in real estate, and we saw it as two opportunities for us. You know, the country club model as it (existed) in the old days just isn't working anywhere in the country anymore ... a lot of clubs are going upside down. But you know, when you bring business principles to running a club it can be profitable. We're also going to make it a semi-private club, (meaning) there also will be public play on the course. But it will be a club-like experience, unlike the other public courses. So we see it as...