Four Seasons Golf & Sports Club in Las Colinas Picked up by JV

Four Seasons Golf & Sports Club in Las Colinas Picked up by JV
Century Golf Partners' Jim Hinckley with The Las Colinas Resort (Century Golf Partners, Four Seasons, Getty)

Century Golf Partners’ Jim Hinckley with The Las Colinas Resort (Century Golfing Associates, Four Seasons, Getty)

4 Seasons Golfing & Sports activities Club in Las Colinas has altered palms.

A joint venture amongst Century Golfing Partners and HKI Americas has taken possession of the former residence of the AT&T Byron Nelson golfing event. The golf club consists of the Cottonwood Valley Study course and the TPC of Las Colinas System. Terms of the transaction were being not disclosed, in accordance to the Dallas Company Journal.

Century Golf Partners, which is dependent in Dallas, oversees about 50 golf classes throughout fifteen states, when HKI The united states and its affiliates possess 26 classes. The club will be managed less than Century Golfing Partners’ Arnold Palmer Golf Management manufacturer. The house owners have not announced a capital improvement plan, but it is expected to preserve a shut performing connection with the adjacent resort.

Which is the Four Seasons Vacation resort Dallas at Las Colinas, which also changed fingers a short while ago. It was picked up by a joint enterprise again in Might. The entrepreneurs, Trinity Fund Advisors and Partners Team, acquired the resort from Extell Progress Enterprise and announced options to change the home into a Ritz-Carlton.

They strategy to invest a lot more than $55 million in an overhaul of the resort, which is expected to be completed in 2024. Options involve renovating all visitor rooms and villas, as perfectly as the pool and spa places. Reimagining the hotel’s foods and beverage shops, as properly as its 90,000 sq. feet of meeting and event area are also in the plans.

— Maddy Sperling