Pacific Hospitality Group Purchases Historic Warner Springs Ranch
San Diego-based Firm to Invest $50 million in Landmark PropertyPoised to rejuvenate a longtime San Diego County destination, Pacific Hospitality Group, Inc. (PHG) has acquired the historic Warner Springs Ranch – an iconic San Diego County destination long known for its healing natural hot springs. The nearly 2,400-acre property was purchased by PHG at auction and will have $15 to $18 million invested in the acquisition, with plans to invest up to $50 million in the renovation and redevelopment of all facilities.
PHG is scheduled to take over operations on April 1.
According to PHG’s Chairman, William H. McWethy, Jr., an extensive renovation will be completed in phases, with the first phase – a completely upgraded and renovated golf course – slated for completion in the spring of 2014. PHG has also announced plans to incorporate a new winery/tasting room; a state-of-the-art gym and fitness facility, a beach and tennis club, expanded meeting facilities, cattle and horse grazing, a spa/wellness center, cultural center, luxury RV park, hunting and fishing opportunities, and a variety of food and beverage options. In addition, the existing 250 casita units and main lodge will be upgraded and renovated.
Before gaining popularity as a resort, Warner Hot Springs operated for many years as a cattle ranch and trading post. It was declared a California Historical Landmark in 1939, and a National Historic Landmark in 1961. From the 1980s until 2012, the ranch operated as a recreation-oriented fractional ownership resort.
Category: Health & Fitness, Life Style