PGA moving headquarters from Florida to Texas
The Professional Golfers’ Association of America is moving its Florida headquarters to Texas after accepting an offer of nearly $162 million in state and local tax dollars as incentives, Gov. Greg Abbott announced Tuesday.
Abbott said the move to Frisco is a big boon for the state, bringing $30 million in capital investment and a minimum of 100 new jobs to Texas.
The PGA was offered $1.5 million from the Texas Enterprise Fund, which is used by Abbott to lure companies to Texas. Abbott has touted the fund as being key to luring 29 projects to Texas since 2015 that have resulted in more than 16,500 new direct jobs.
“The decision to relocate their headquarters to Texas because of our business-friendly climate is a welcome one,” Abbott said in a statement to the media.
The state incentives are in addition to $160 million that the city of Frisco approved on Tuesday for the PGA headquarters relocation, according to The Dallas Morning News.
The PGA of America’s headquarters has been in West Palm Beach since 1965.
The move will mean more major PGA tour events for Texas. Under the relocation deal, two PGA Championships, two KPMG Women’s PGA Championships and potentially a Ryder Cup will be held in Frisco.
The golf courses are expected to open in summer 2022, PGA officials said. A hotel, convention center, and other facilities are expected to open within 6 months after the golf courses open.