CHERRY HILL – An amusement-center operator has agreed to buy Woodcrest Country Club.
A group led by Randy and Patricia Lahn, who own the Funplex chain, will pay an undisclosed amount for the 178-acre club on Evesham Road in Cherry Hill, the couple said Tuesday.
Woodcrest has been owned since 2018 by First Montgomery Group, a Marlton-based development firm that acquired the landmark for $10.1 million in a 2013 bankruptcy auction.
The club, founded in 1929, has a golf course, a restaurant, and a private meeting space.
Randy Lahn, a Woodcrest member and the son of a former club president, vowed to take Woodcrest “to the next level, creating a world-class family experience.”
“Woodcrest played a significant role in our family for generations, and I am thrilled to make it a formal piece of our legacy,” he said in a statement.
Woodcrest, which is to remain a private club, could add a fitness center, spa, and an indoor/outdoor pool.
Other options include pickleball courts, an arcade room, and a “kids club,” his statement said. Lahn said a “multi-year investment” would begin early next year with upgrades to three of the 18 holes on the club’s golf course.
Lahn, who began his career in amusements with a miniature golf course and driving range, oversees Funplex locations in Mount Laurel; East Hanover, Morris County; and Myrtle Beach, South Carolina.
The Funplex sites offer indoor and outdoor attractions, including amusement rides, water parks, and dining. Lahn also operates a realty firm with his name.
The ownership group includes Brian Williams, CEO of the Funplex Amusement Centers, and Patrick Lucas, Woodcrest’s director of operations.
First Montgomery Group sparked controversy after acquiring Woodcrest with a proposal to put 844 apartments, including 160 affordable units, on part of the lush property.
The firm later agreed to sell the site’s development rights to Cherry Hill for more than $4 million. First Montgomery also was named the residential redeveloper for multiple sites in the township. The sites, now being developed with hundreds of apartments, include a former motel property between Route 70 and North Park Drive and the Victory Refrigeration property on Woodcrest Road.
For more information about Cherry Hill land sites for sale or about any other Cherry Hill properties for sale or lease, please contact WCRE at 215-799-6900.
Wolf Commercial Real Estate, a full-service CORFAC International brokerage and advisory firm, is a premier Cherry Hill commercial real estate broker that provides a full range of Cherry Hill commercial real estate listings and services, property management services, and marketing commercial offices, medical properties, industrial properties, land properties, retail buildings and other Cherry Hill commercial properties for buyers, tenants, investors and sellers.
Please visit our websites for a full listing of Cherry Hill land sites for sale through our Cherry Hill commercial real estate brokerage firm.