In an $11.4 million deal that closed Jan. 30, the Harris County Flood Control District has officially acquired the Raveneaux Country Club clubhouse and adjoining facilities, according to HCFCD Deputy Executive Director Matt Zeve.
The HCFCD has been working to acquire the property from owner Michael Bloch, who manages Kera Development LP and Cypress/Raveneaux LLC, for the past year. With the end goal of creating a regional stormwater detention basin in place of the golf course, HCFCD will work to acquire the remaining 206 acres from the Cypress Forest Public Utility District over the next year. Raveneaux Country Club is allowed to continue operations until Jan. 30, 2021, Zeve said.
“The final deal includes a leaseback allowing the country club to continue operating for up to one year,” Zeve said. “The flood control district will begin discussions with the Cypress Forest Public Utility District in February regarding an agreement to acquire the remaining acreage that primarily makes of the golf course.”
The acquisition was funded through the HCFCD's bond approved by voters in 2018, as $100 million of bond funders were allocated for property acquisition in the Cypress Creek watershed. Zeve added community engagement meetings will be held in late March and that residents can receive updated information by clicking here.