If you are wondering when Pheasant Run Resort closed, then you have come to the right place. This iconic resort was a popular destination for tourists and locals alike, known for its luxurious amenities and beautiful surroundings. However, due to various circumstances, the resort had to close its doors permanently.
History of Pheasant Run Resort
Pheasant Run Resort was established in 1963 in St. Charles, Illinois. It was built by Arthur and Arlene Sorenson, who envisioned a grand resort that would offer guests a unique experience. The resort had 473 guest rooms, seven restaurants, a golf course, a spa, and several other recreational facilities.
The Decline
Despite its early success, Pheasant Run Resort began to decline in the late 2000s due to financial challenges and increased competition from other resorts. The Sorensons sold the property in 2011 to Edward McArdle and his partners. They invested millions of dollars into renovating the property but were unable to turn things around.
Foreclosure and Bankruptcy
In 2018, Pheasant Run Resort was foreclosed upon by its lender after failing to make payments on its debt. The property was later acquired by a group of investors who planned to continue operating it as a resort. Unfortunately, this plan fell through in early 2020 when the new owners filed for bankruptcy.
The Final Closure
After the bankruptcy filing, Pheasant Run Resort was put up for sale but failed to attract any buyers. In October 2020, it was announced that the property would be auctioned off in November of that year. However, just days before the auction was scheduled to take place, it was cancelled after an undisclosed buyer purchased the property.
Sadly though this buyer did not plan on reopening it as a resort, but rather demolishing the entire property and turning it into a mixed-use development.
Conclusion
In conclusion, Pheasant Run Resort had a long and illustrious history, but unfortunately, it was unable to survive in the face of financial challenges and increased competition. While it is always sad to see a beloved landmark close its doors permanently, we can take comfort in knowing that the memories of this iconic resort will live on forever.