BALLARAT Golf Club has confirmed it is in talks to relocate to the proposed Lake Federation Resort in outer Alfredton.
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A relocation could see the Ballarat Golf Club site subdivided for housing development.
But Lake Federation Resort director Peter Ridsdale said it was premature to draw conclusions on the outcome from discussions.
In other developments on the weekend:
* Ballarat City Learmonth ward councillor Wayne Rigg said the public consultation process would involve meetings with Alfredton residents and another, possibly at Cardigan Village, for people throughout the region.
* Ballarat region golf clubs reacted positively to the proposal, saying they also stood to benefit.
* Ballarat's state politicians supported the proposal.
A deal between Ballarat Golf Club and Lake Federation Resort could possibly see the club take over the public course at the new complex, in turn selling its own course to the developers.
Ballarat Golf Club manager Richard Mierzejewski said possible relocation looked "very attractive", but added members would be consulted through the entire process.
"The concept sounds fantastic," Mr Mierzejewski said.
"We will look at it (relocation) very closely, but I would like to stress that the members will have the final say."
Mr Ridsdale said Ballarat Golf Club was briefed on the proposal early due to its proximity to the outer Alfredton site.
He said now that the project had been announced further discussions could take place with not only Ballarat Golf Club, but also other Ballarat sporting clubs, to see how the project could assist their future endeavors.
"It is premature to draw conclusions on any possible outcomes from future discussions," Mr Ridsdale said.
Cr Rigg said the proposal was an exciting opportunity for Ballarat, and in particular, Learmonth ward.
He said separate to the public meeting in Ballarat on May 23, further briefings would be arranged for Alfredton residents and those living across the district.
"I certainly support the project, but we must make sure it is done right," Cr Rigg said.
"I think this is a very bold move, but these people are very serious and very professional.
"If they want to bring money into the city we should be embracing it, not resisting it."
He urged any person with concerns to telephone or email him.
Ballarat region politicians were briefed on the proposal last week.
Ballarat West MLA Karen Overington said as well as enticing golfers, it would provide another boost for tourism.
"It is an extremely ambitious project, but when it all comes to fruition it will provide a major economic boost for Ballarat," Ms Overington said.
Her comments were echoed by Ballarat Province MLC Dianne Hadden, who described the proposal as a "fantastic coup".
She said there was no need for the public to be skeptical about the project.
"My understanding of projects that Harry Huxtable has been involved with is that they work.
"I'm not skeptical about it at all."
Plans for the $740 million proposal would see two golf courses - one of international standard - 2500 residential lots, a sports academy, hotel and conference facilities, a business centre and other infrastructure constructed on a site 8km west of Ballarat.
The first stage of the project - construction of the golf courses - is estimated to cost $30 million.