Henderson Park, in partnership with Salamander Collection and South Street Partners, has completed the acquisition of PGA National Resort in Palm Beach Gardens, FL, from a Brookfield Asset Management private real estate fund.
Originally opened in 1981, the resort offers 360 guestrooms and 99 holes of championship golf, including the Champion Course, the host since 2007 to a PGA TOUR event now called The Cognizant Classic at the end of February.
With a total of six golf courses designed by Jack Nicklaus, Arnold Palmer, Tom Fazio, Andy Staples and Karl Litten, the resort has staged the 1983 Ryder Cup, the 1987 PGA Championship and multiple Senior PGA Championships.
The resort also features a 40,000-sq,-ft. spa designed by V Starr; six culinary concepts, including The Butcher’s Club from “Top Chef” winner Jeremy Ford and Honeybelle from multiple James Beard Award nominee Lindsay Autry; and a Sports & Racquet Club.
Building on a recently completed $100-million renovation, new ownership will embark on further improvements, including the addition of a new pool and significant enrichments to the golf experience for both members and resort guests.
“PGA National Resort is a storied property in a growing and highly desirable submarket, with further opportunistic potential following a recently completed renovation,” said Nick Weber, CEO/founder, Henderson Park. “Our experience executing across both premier destination resort hotels and one-of-a-kind club memberships uniquely positions Henderson Park as the new owner, and we will work with our partners to enhance the resort’s offering into the future.”
Rob Duckett, managing director, golf and club operations, Henderson Park, said, “We are very excited to be stewards of PGA National, historically one of the most dynamic golf destinations in the U.S. Our plans include further enhancing the facilities while enriching the experience provided to our members and guests.”
Sheila Johnson, Salamander founder/CEO, added, “PGA National is one of the most iconic golf resorts in America, and we are excited to share our authentic and diverse style of hospitality that guests enjoy at our other destinations.”
Henderson Park was advised by Jones Day.
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