The company that owns Wedgewood Cove Golf Club & Estates has announced a change in partnership.

Cove Holdings LLC had been owned by Jerry Vogt, Paul Field and Clayton Petersen. Petersen sold his interest to Vogt and Field. The change was effective Oct. 24.

Petersen purchased 160 acres in 2005 from the Albert Lea Port Authority with the intent of building a residential subdivision. Albert Lea real-estate broker Hugh O’Bryne was Petersen’s partner on the project. He added some acres to the project.

When Lakeville commercial developer Scott LaFavre purchased the Albert Lea Golf Club in May 2006, he closed the course. Albert Lea was left with a single golf course. Petersen and O’Bryne shifted their plans and decided to build a golf course with an urban design called coving, which uses varying lots and setbacks for residences.

O’Bryne dropped out in June of last year when Field and Vogt joined. O’Bryne’s Century 21 real-estate office remains the agency for the sale of lots at the development. With a few other purchases, Wedgewood Cove presently is a 254-acre development.

Vogt and Field are Albert Lea businessmen. Vogt is a co-owner of Mrs. Gerry’s Kitchen Inc., and Field is the owner of Home

Solutions Midwest. Both are Albert Lea companies.

“Because of the size and the scope, Clayton decided to take an option to get out of the project,” Field said.

Petersen is an agronomist who works for farmers in the region. He will remain with the Wedgewood Cove project as a consultant until the golf course is finished in the spring. He said he will continue to help the golf course superintendent.

“I have spent many hours to make sure we brought one of the finest golf course developments to this area, and I am very proud of what will be a great asset for Albert Lea and the surrounding area,” Petersen said.

Field said Wedgewood Cove’s clubhouse is slated to open in May 2009, with the first nine holes to open in June. The second nine would be weeks after that. He said the schedules could change depending on weather conditions.

The clubhouse will be open to the public for dining. The course will be open to the public, too. According to a news release written by Field, the clubhouse will have a bar, restaurant and banquet facility with seating for more than 400 people.

“We are very pleased knowing that we have weddings, class reunions and Christmas parties already booked for the 2009 season,” he said.

Wedgewood Cove Golf Club & Estates on the north side of Pickerel Lake will feature more than 150 residential lots interspersed among the 18-hole golf course and walking trails. The development employs an urban-planning design called coving.

According to a 1998 New York Times story about the new method of laying out subdivisions, it “combines the financial advantages of more traditional methods with an almost free-form approach to lot sizes and shapes, setbacks and the positioning of houses on individual lots. The goal is to have no two houses look directly into the windows of any other.”

The method was pioneered by St. Louis Park urban designer Rick Harrison.

Wedgewood Cove Golf Club & Estates was designed by Gill Design of River Falls, Wis.

Petersen said he has enjoyed being part of the project’s layout and design.

“I will take a lot of pride in what was accomplished there. I think Jerry and Paul will do a great job there,” Petersen said.