News Summary
The luxurious PGA National Resort & Spa in Florida has changed ownership to Henderson Park, a private equity firm, for approximately $425 million. This notable sale highlights the allure of the resort, which spans 807 acres and features six golf courses, including the Champion Course. With plans to enhance facilities and elevate guest experiences, the resort is poised for an exciting future. Previously owned by Brookfield Asset Management, the property has undergone significant renovations, making it an attractive destination for golf enthusiasts and leisure seekers alike.
PGA National Resort & Spa Changes Hands for a Whopping $425 Million!
In a significant turn of events for golf enthusiasts, the luxurious PGA National Resort & Spa has officially changed its ownership. The coveted resort, located in the heart of sunny Florida, is now in the hands of Henderson Park, a private equity firm based in London. This acquisition showcases a hefty investment, with estimates suggesting a sale price of around $425 million. While the transaction deed hasn’t made its way into public records, the buzz around this luxurious venue is palpable!
A Resort Like No Other
Spanning an impressive 807 acres, this stunning property sits conveniently at the crossroads of Jog Road and Florida’s Turnpike, making it a prime location for golfers and relaxation seekers alike. With its rich offerings, PGA National is not just a resort; it’s a golfing haven that boasts six golf courses, including the renowned Champion Course that hosts the exciting PGA Tour’s Cognizant Classic.
For those looking to unwind after a long day on the green, the resort features a sprawling 40,000-square-foot spa designed by V Starr. It’s the perfect place to kick back and rejuvenate with a range of luxurious treatments, ensuring that every guest leaves feeling refreshed and pampered.
Dining Delights
Foodies will be thrilled to know that PGA National is home to a variety of restaurants, with one standout being The Butcher’s Club, managed by a winner from the hit show “Top Chef.” The culinary experiences here are top-notch, catering to every taste and elevating the overall resort experience.
Exciting Plans for the Future
Henderson Park isn’t just looking to sit back and reap the rewards. The firm has expressed its intention to enhance the resort’s facilities and improve experiences for both members and guests. Such an effort means even more exciting changes on the horizon, paving the way for an unforgettable stay.
A Residential Community That Shines
Within the PGA National area, approximately 5,000 homes can be found, showcasing an attractive mix of high-end properties that appeal to golf lovers and families alike. Some of these luxurious homes have been known to sell for over $4 million, demonstrating the allure of this exclusive community.
History and Renovations
The property was previously owned by Brookfield Asset Management, a Toronto-based firm that acquired it in 2018 for about $218 million. Brookfield invested a whopping $100 million in renovations and upgrades before setting the stage for their exit. The allure of PGA National has only grown since, especially with the recent enhancements making the resort shine in the competitive market.
A Bright Future Ahead
As the demand for corporate events and gatherings rises in the West Palm Beach area, PGA National is anticipated to become an even hotter destination for both leisure and corporate golf retreats. The new ownership is expected to elevate the resort’s profile, keeping it at the forefront of golf culture and hospitality.
The excitement around this acquisition is palpable, as PGA National Resort & Spa moves into a new chapter filled with promise and innovation. With a perfect blend of luxury and leisure, this iconic golf destination is more than just a haven for golf aficionados; it’s set to become the place to be for anyone seeking the best of what golf and relaxation have to offer.
Deeper Dive: News & Info About This Topic
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Additional Resources
- Palm Beach Post: PGA National Resort Sells for $425 Million
- PGA Tour: Cognizant Classic Coverage Details
- Travel Weekly: Salamander Collection Adds PGA National Resort
- Google Search: PGA National Resort
- Encyclopedia Britannica: PGA National Resort
Author: STAFF HERE TAMPA WRITER
The TAMPA STAFF WRITER represents the experienced team at HERETampa.com, your go-to source for actionable local news and information in Tampa, Hillsborough County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Gasparilla Pirate Festival, Florida State Fair, and Tampa Riverfest. Our coverage extends to key organizations like the Tampa Bay Chamber of Commerce and United Way Suncoast, plus leading businesses in healthcare, finance, and technology that power the local economy such as BayCare Health System, Grow Financial Federal Credit Union, and KnowBe4. As part of the broader HERE network, including HEREJacksonville.com, HEREOrlando.com, HERESTPetersburg.com, and HERETallahassee.com, we provide comprehensive, credible insights into Florida's dynamic landscape.
