New Ownership Transforms Sawgrass Marriott Golf Resort & Spa
News Summary
South Street Partners and Dream Finders Homes have acquired the Sawgrass Marriott Golf Resort & Spa for $149 million, setting the stage for significant renovations and upgrades. This iconic resort, located next to the renowned TPC Sawgrass and its PLAYERS Stadium Course, features luxurious accommodations, extensive meeting spaces, and exceptional amenities such as a private beach club and a full-service spa. As the new owners plan to enhance the guest experience, anticipation grows for the resort’s future as a premier destination for golf lovers and vacationers alike.
New Ownership Breathes Life into an Iconic Resort
In a significant move within the real estate and hospitality sectors, South Street Partners and Dream Finders Homes have joined forces to acquire the coveted Sawgrass Marriott Golf Resort & Spa for a jaw-dropping $149 million. This acquisition is causing quite a stir, especially considering the resort’s prime location adjacent to the famous PLAYERS Stadium Course at TPC Sawgrass, a historic venue that has proudly hosted THE PLAYERS Championship since 1982. It’s safe to say this is no ordinary purchase!
What Does This Resort Offer?
Covering an expansive 66 acres, the Sawgrass Marriott is a luxurious getaway featuring 351 hotel rooms and 163 villa keys. For those looking to host events, the resort boasts an impressive 114,000 square feet of meeting space, making it ideal for conferences, weddings, and other celebrations. After a long day of meetings or fun in the sun, guests can unwind at one of the nine on-site dining establishments available at the resort.
Health and wellness enthusiasts will also appreciate the state-of-the-art 25,000-square-foot full-service spa and fitness facility. And let’s not forget about the two-acre oceanfront Cabana Beach Club, which offers easy access to an exclusive beach, the 1912 Ocean Bar & Rooftop, and stunning views that are perfect for sunset cocktails.
Convenience for Golf Lovers
One of the biggest perks for guests is the opportunity to book tee times up to 12 months in advance at TPC Sawgrass’s renowned championship courses. Whether you’re a seasoned golfer or just hitting the links for fun, this service makes it incredibly convenient for guests to plan their next round of golf.
Plans for Upgrades and Renovations
With a commitment to enhancing the guest experience, the new owners have ambitious plans for a comprehensive renovation of the resort. The aim is to elevate the current offerings and modernize the facilities while preserving the character that makes the Sawgrass Marriott special.
Strong Background of New Owners
The acquisition aligns perfectly with South Street Partners’ existing hotel portfolio, which has seen significant growth since the firm’s inception in 2009. Having deployed over $1.7 billion in equity across various properties, the company is well-positioned to lead this renovation project to success. Similarly, Dream Finders Homes has carved out a name for itself as a top-notch homebuilder, recently receiving the prestigious honor of being named the 2025 National Builder of the Year by Builder magazine.
The Previous Owners and Transition
Before this exciting acquisition, the Sawgrass Marriott was owned by Brookfield Corp. through CWI Sawgrass Hotel LLC. The sale followed a complex negotiation process, proving that good things are worth waiting for. Originally built in 1987, the hotel features a range of amenities including a conference center and two inviting pools that cater to both leisure and corporate guests.
As the Sawgrass Marriott prepares for this new chapter, anticipation is building. Will it evolve into the ultimate resort destination for golf lovers and vacationers alike? Only time will tell, but with such formidable new ownership at the helm, the sky’s the limit for this iconic property!
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