Fact Sheet

Updated: December 8, 2020

Partners:

Funding:

Naming:

Legal: Omni PGA Frisco Resort, LLC
Campus: PGA Frisco
Resort: Omni PGA Frisco Resort
- Additional naming details for specific outlets will be announced in due time.
Intersection: PGA Parkway (formerly Rockhill Parkway) between Legacy Drive and Championship Way (formerly Teel Parkway which runs north to U.S. 380)

Important dates:

Groundbreaking of golf courses: October 2019
Groundbreaking of PGA of America HQ: October 2020
Golf courses:
- 34 holes of golf completed and sprigged: October 1, 2020
- Two holes on East Course, practice facility and short course:
  1. Earthwork began: November 1, 2020
  2. Target sprig date: June 1, 2021
Groundbreaking of resort and remaining development, including retail and golf-centered entertainment village: May 2021
Projected opening for PGA of America HQ: early-2022
Projected opening for golf: on or before August 1, 2022
Opening date for resort: May 2023
First Championship: May 2023 (KitchenAid Senior PGA Championship)

Highlights:

Golf:

Three golf courses totaling 46 holes available for resort guests and public play
- Two (2) 18-hole championship golf courses which will host PGA Championships
- One (1) 10-hole, lit short course available for resort guest and public play
Two-sided driving range
Short game practice area
Putting Greens
Public clubhouse which will feature a pro-shop, two restaurants, locker rooms and golf cart storage

26 PGA of America Championships scheduled for PGA Frisco:

Project Scope:

Project spans 600 acres of a larger 2,500-acre development being master planned by Hunt Realty Investments
Located near PGA Parkway and Legacy Drive, approximately one-third of a mile south of U.S. 380
Approximately 150 people will initially work at the PGA’s 100,000-square-foot global headquarters and education facility
Project also includes Class AA office space, a technologically advanced retail village, parks, open space and hike and bike trails

Impact:

Golf courses, tournaments and hotel and conference center estimated to have an $2.5+ billion economic impact over the next 20 years based on a city commissioned tourism feasibility study
School property tax revenue generated by the hotel and conference center is projected to offset Frisco ISD’s contribution to the public facilities
Signature development to anchor north Frisco
Utilization of 400 acres of floodplain
Adds to the portfolio of professional sports headquarters located in Frisco

Public Benefits and Use:

Incentives:

City of Frisco – a portion of hotel occupancy, mixed beverage, sales and property taxes generated by the hotel and associated retail over 20 years. Valued between $52 and 74 million
State of Texas – Chapter 351 Convention Center Grant – all hotel and sales tax, along with a portion of mixed beverage tax over 10 years. Valued at $62.5+ million
Frisco Economic Development Corporation – incentives for PGA headquarters relocation, job creation and golf tournaments over 15 years. Valued at $14.3 million ($4.4 million for HQ & Education Center Relocation Grant, $5 million for HQ & Education Center Job Relocation Grant and $4.95 million in Tournament Incentives)

Agreement Details:

Initial 25-year agreement between public and private partners
Golf courses, clubhouse and practice areas will be publicly owned by the City of Frisco and operated by PGA of America and Omni Hotels & Resorts
Land and conference center will be publicly owned by the City of Frisco and operated by Omni Hotels & Resorts, which will pay $100,000 a year in rent to the city. That lease will increase two percent after the fifth year of the development agreement. Omni Hotels & Resorts is responsible for all maintenance and capital expenses while retaining revenues and it will own and operate the resort.
PGA of America will own and operate its headquarters
Frisco ISD students will practice and compete at the facility. FISD will pay no annual fees or operating expenses, but will pay a discounted student rate for tee times and cover costs associated with replacing hitting mats and range balls. The school district will also be responsible for costs associated with District events, such as staffing police, EMS, ticket takers and parking attendants.

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Media Contacts:

Kristen Cadenhead
Director, Communications
Omni Hotels & Resorts
469-513-3319 (direct)
kristen.cadenhead@omnihotels.com

Dana Baird-Hanks
Director, Communications & Media Relations
City of Frisco
972-292-5080 (direct)
DBaird@friscotexas.gov

Jamie Carbone
Senior Director, Public Relations
PGA of America
561-352-8963 (cell)
jcarbone@pgahq.com

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