University of North Texas, PGA of America sign memorandum of understanding

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The PGA of America will be moving its headquarters to Frisco, Texas from South Florida, relocating to a $520 million development that will include two golf courses, host the PGA Championship and - possibly - the Ryder Cup.

Now located in Palm Beach Gardens, Fla., the PGA of America plans to employ at least 100 people at its new headquarters. The move is not expected until the summer of 2022, about the time the two golf courses, a 9-hole short course and practice areas are to be finished.

Texas will host the 2027 and 2034 US PGA Championships as the PGA of America also announced its move to Frisco. The Senior PGA Championship and Women's PGA Championship will be held there twice, in addition to a possible Ryder Cup.

The last major in Texas was the 1969 U.S. Open in Houston, won by Orville Moody at Champions Golf Club. Most of the cost of the development falls to Omni Stillwater Woods, a joint venture by Omni Hotels & Resorts with Stillwater Capital and Woods Capital.

PGA of America CEO Seth Waugh led the two-year search for a new headquarters site.

Darrell Crall chief operating officer for PGA of America
Darrell Crall chief operating officer for PGA of America

The PGA of America moved to Palm Beach Gardens in 1965.

Frisco is already the home of the Dallas Cowboys' The Star, the FC Dallas major league soccer team, and the RoughRiders minor league baseball team. The PGA of America said it will invest $30 million to construct its 100,000-square-foot global headquarters and education facility.

The golf courses, clubhouse, practice areas, and associated public facilities will be owned by the city, and more than 300 Frisco ISD high school golfers will practice at the facility on a weekly basis.

$14.3 million in long-term incentives from Frisco Economic Development Corp.

"Partnering with the University of North Texas to help develop tomorrow's sports industry leaders is another way we are helping the game of golf evolve and grow". Its getting about $160 million in incentives from various entities, but Frisco officials say the project will have an economic impact of more than $2.5 billion over the next 20 years. The hotel, convention center, and other facilities are expected to open within six months after.

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