PGA National Resort & Spa Sold for $425 Million

News Summary

The prestigious PGA National Resort & Spa in Florida has officially changed hands, being acquired by London’s Henderson Park for an impressive $425 million. Covering 807 acres, this luxurious destination boasts six golf courses, including the acclaimed Champion Course. The new owners plan to enhance the resort’s facilities and experiences, ensuring it remains a top choice for golf enthusiasts and vacationers. With a history of recent renovations and a prime location, PGA National is poised for an exciting future as a premier destination for both leisure and corporate events.

PGA National Resort & Spa Changes Hands for a Whopping $425 Million!

Exciting news for golf lovers! The luxurious PGA National Resort & Spa, a sought-after destination in sunny Florida, has officially changed ownership. Henderson Park, a private equity firm from London, has made quite the splash with this hefty acquisition, reportedly costing around $425 million. Although the official paperwork hasn’t been filed, the chatter surrounding this magnificent venue is electric!

A Resort Like No Other

Covering a vast 807 acres, the property is ideally located at the intersection of Jog Road and Florida’s Turnpike, making it the perfect getaway spot for golf enthusiasts and those in need of a bit of relaxation. The PGA National isn’t just any resort; it’s a golfing paradise, showcasing an impressive lineup of six golf courses, including the famous Champion Course, which hosts the thrilling PGA Tour’s Cognizant Classic.

After a long day on the greens, guests can unwind at the resort’s incredible 40,000-square-foot spa, designed by the talented team at V Starr. With a wide array of luxurious treatments available, it ensures that every visitor leaves feeling rejuvenated and pampered.

Dining Delights

Food lovers, rejoice! PGA National is home to a delightful selection of dining options. A highlight includes The Butcher’s Club, where culinary magic is created by a winner from the popular cooking competition show “Top Chef.” The dining experiences here cater to every palate, significantly elevating the overall stay at this luxurious resort.

Exciting Plans for the Future

Caught up in the excitement of their new ownership, Henderson Park isn’t just resting on their laurels. They have plans to upgrade the resort’s facilities and enhance the experiences available to both members and guests. It’s clear that exciting changes are on the horizon, promising an even more unforgettable experience for everyone who visits.

A Residential Community That Shines

Located within the PGA National area are approximately 5,000 homes, making it attractive for both golf enthusiasts and families. Some of these luxurious properties have been known to fetch prices exceeding $4 million, showcasing the undeniable appeal of this exclusive community.

History and Renovations

This stunning property was previously under the ownership of Brookfield Asset Management, based in Toronto, who purchased it in 2018 for about $218 million. Brookfield poured about $100 million into renovations and upgrades before preparing to hand over the reins. Thanks to these extensive enhancements, PGA National stands out brilliantly in the competitive market.

A Bright Future Ahead

With the increasing demand for corporate events and gatherings, PGA National is set to become an even more popular destination for both leisure trips and corporate golf retreats. The new ownership is expected to boost the resort’s profile, ensuring it remains a key player in the world of golf culture and hospitality.

The buzz around this ownership change is palpable, signifying a new chapter for PGA National Resort & Spa filled with promise and excitement. With a harmonious blend of luxury and leisure, this legendary golf destination is not just a haven for golf aficionados; it’s gearing up to be the top spot for anyone in search of the finest experiences in golf and relaxation.

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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