According to the Dallas Morning News, PGA of America is set to announce that they are moving their headquarters from Palm Beach Gardens, Florida to Frisco, Texas. City officials have signed off on an incentive package worth more than $160 million that helped separate it from more than 200 other contenders. The PGA will serve as an anchor for a 600-acre, mixed-use development that includes golf courses, a resort hotel and conference center space. The headquarters will employ at least 100 workers and cost the PGA at least $30 million to build.
The development, to be located at future extensions of Rockhill Parkway and Legacy Drive near Frisco's northern border, will cost more than $520 million to build, using public and private funds. Frisco officials estimate it will have an economic impact of more than $2.5 billion over the next 20 years. Early on, Frisco was the hands-down favorite, officials with the Professional Golfers' Association of America told The Dallas Morning News in advance of the official announcement.
"Frisco frankly jumped off the page in a number of ways," said Seth Waugh, chief executive of the PGA, which represents nearly 29,000 members in 41 sections across the country. "While the economic [incentives] are important, and obviously that's a big consideration, the dream of what we could do at Frisco became really the biggest factor for us in terms of why we picked it. We couldn't imagine better partners."
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