Saddlebrook Resort Is Reborn As Mast Capital Begins Unveiling $92M Investment

Photos by Charmaine George

Whenever I hear a number like $92 million being thrown around, especially to completely redesign a clearly dated resort like Saddlebrook — which had been the jewel of Wesley Chapel since the early 1980s (and the only “attractor” bringing people to the S.R. 54 Exit 279 off I-75) for more than three decades — I know what I was picturing (and hoping for) in my head. Even so, I had no idea what to really expect from new owner Mast Capital. 

But, now that I have attended the “Media Preview Day” for the fully revamped Saddlebrook Resort on Nov. 20, it’s obvious that Mast is putting every penny of that $92 million into bringing resort founder Tom Dempsey’s Saddlebrook back to its old glory. Knowing Mr. Dempsey as I did, I’m a little sad he’s not still here to see it reborn. 

I’ve already been telling you about the restaurants that are both already open and coming soon — the delicious RARE 1981, which is located in the space previously occupied by The Tropics off Saddlebrook’s beautifully reimagined lobby (left photo), the also-open BREW coffee and breakfast counter, the opening soon (in early 2026) sports bar in the former Dempsey’s Too space adjacent to RARE 1981, and the hotly anticipated (at least by yours truly) revamped pool bar at the resort’s fabled Super Pool. 

When I rented a condo in the Saddlebrook community (not in the resort itself) when I first moved to Florida with my family in 1993, that pool bar served the best grilled hamburgers and hot dogs in town. It also had a nice, full-liquor tiki bar that was a great place to have a drink as my kids played in the Super Pool. Well, the pool bar is all-new and now open (photo, below right), and will have an upgraded food menu from the “good old days.” The “lagoon-style” Super Pool itself and especially, the patio around it (left photo below), also has been completely revamped, with dozens of umbrellas and a number of beautiful cabanas that will make hanging by the Super Pool a pleasure once again. 

But, for those who are wondering what’s happening with the building that previously was home to Dempsey’s Steak House, it is being completely repurposed as a clubhouse for Saddlebrook’s members that will be unveiled in 2026. 

As we’ve mentioned in multiple previous stories, the resort’s twin 18-hole, Arnold Palmer-designed Saddlebrook and Palmer golf courses have been replaced by three 9-hole courses and an on-site golf driving range and practice area, which will make getting ready to play a lot more convenient than the driving range’s old location near the resort’s S.R. 54 entrance. 

I haven’t played (and most likely won’t ever play) any of the golf holes, but District 5 Pasco County Commissioner Jack Mariano (who was on hand for the ribbon-cutting ceremony on Nov. 20, as was District 2 Commissioner Seth Weightman) has played all 18 of the holes that are already open and he praised the golf course’s redesign during the ribbon-cutting ceremony (see top photo). 

Commissioner Mariano also participated in a pickleball clinic (he’s shown returning the ball in the photo below), which allowed Media Day participants to check out the eight gorgeous new pickleball courts for themselves. 

The Media Preview began with the aforementioned ribbon-cutting ceremony and was led by Saddlebrook’s managing director Jeff Mayers, who thanked Mast Capital for its huge investment to bring the resort back to life, before introducing Commissioner Weightman, who said “The round of applause really has to go out to Mast Capital. The names Saddlebrook Resort and Pasco County go together — they’re synonymous. Saddlebrook put Pasco on the map before it became the popular place it is today. I couldn’t be more excited to be a small part of the journey to help bring Saddlebrook back to life.” 

He then introduced Commissioner Mariano, who said, “I am so thrilled with what Mast Capital has done. I was concerned about whether or not the golf course would be long enough, but they brought in Rees Jones, who specializes in renovations, and this is now a great golf course. You can now host any type of golfers at any level and have a great tournament. And what you’ve done with the lobby…spectacular, right? The pool? Incredible. Every chair is now a great place to sit, with all those umbrellas. It’s all top quality. You’ve done a phenomenal job here. Thank you, Jordan and Mast Capital for over-delivering on your promises.” 

Next up was Mast Capital’s chief investment officer Jordan Kornberg, who said his firm’s goal was to, “honor the incredible legacy that Saddlebrook has had, while breathing new life into this place. And, we are really proud of the product that we’ve delivered. At the end of the day, it’s not about us, it’s about our employees, our members and our guests. And, the feedback we’ve gotten so far from the community, in just a few weeks, has been so positive, which we really appreciate.” 

He also thanked all of the people who helped make it happen, “especially our on-property team. We couldn’t have made this a reality without all of you.” 

We then toured a couple of the guest rooms (above photo) and all I remember saying was, “Wow, what a difference.” The dated, worn furniture and musty smells are all gone and the furnishings are modern, bright and cheery. Jannah and I now look forward to staying once again at the all-new Saddlebrook Resort. 

For reservations and more information about Saddlebrook Resort, visit Saddlebrook.com or call (813) 973-1111. 

New Apartments To Bring Traffic Changes To Bruce B. Downs 

Research by Joel Provenzano 

The still unnamed new apartment community under construction on BBD Blvd. 

An unnamed, under-construction 248-unit apartment complex on Bruce B. Downs (BBD) Blvd. (south of the northern terminus of Eagleston Blvd. and the Wells Fargo Bank) in Seven Oaks also includes some future traffic pattern changes on BBD. 

The complex, which is owned and being developed by Mast Capital — which also is redeveloping the nearby Saddlebrook Resort and its surrounding community — is being required to make some significant changes in anticipation of the additional BBD traffic the complex will generate. 

As the apartment community nears completion, construction of these roadway improvements has begun and motorists on BBD will soon notice even more significant mainline roadway work over the coming weeks. 

The map of the new apartments and the changes planned for BBD in the area. 

All of the roadwork on and near BBD is being paid for and completed by the developer of the apartments (currently known only as “5101 Bruce B. Downs Apts.”) — other than a new traffic signal to be located south of the community’s entrance (and the existing Frontier Communications building). That signal, which had no timeline as we went to press, will be paid for by the developers of Wiregrass Ranch, which is located across BBD from the new apartment community. 

Here’s a breakdown of the coming traffic changes on BBD: 

1) The primary entrance (see photo below) to the 16.24-acre complex will be a gated right-in/right-out only. This means traffic intending to enter the development coming from the south on BBD will be required to use a long northbound U-turn lane that the developer will be constructing, which will feed into a new, long southbound right turn entrance to the apartments. The right turn lane is being made extra long so a bus stop pad can be placed north of the area for U-turning traffic to enter the turn lane. The pad will be connected by a sidewalk that will enter directly into the apartments for ease of access. 

2) In order to accommodate this nonstandard median opening for the U-turn, the Florida Department of Transportation (FDOT) is requiring that the existing adjacent median opening on BBD serving Wells Fargo (entrance is in gray on map) will be closed. 

3) In addition, the existing northbound left turn lane serving that opening will just be connected to the existing one for the traffic signal, making for an extra long turn lane going southbound. 

Moreover, because of the size of the apartments, an emergency access driveway is required by the county at the north end of the property, just south of the bank, that won’t be open to other traffic. 

With all of these changes in the works, vehicles both exiting Wells Fargo and the new apartments that intend to go north will have to go down to another new southbound U-turn lane that will be attached to the existing median opening in front of the Frontier Communications Hub building located south of the apartments. 

The U-turn lane is being made long and wide enough for it to be converted in the future to southbound dual lefts, as this median opening will serve as the future location for a traffic signal at BBD and the “Wiregrass Bypass Rd.” that will connect BBD to Wiregrass Ranch Blvd. (south of Walmart) and eventually swing up to connect with SR 54 near Saddlebrook. 

At our press time, we had no word from Wiregrass Ranch developer JD Porter regarding the anticipated date as to when construction of the new Bypass Rd. or the traffic signal at BBD and the Bypass Rd. will begin. 

But, as always, we will keep you posted as more info becomes available. 


Shown here is the only entrance to the 5101 BBD Apts. The entrance will be gated and vehicles exiting the complex will have to make a right turn out and U-turn at a future median opening on BBD a little to the south of the entrance.