Business & Tech
Pheasant Run Laying Off 149 Employees: Report
The once-thriving St. Charles resort plans to lay off 75 percent of its staff.

ST. CHARLES, IL — Pheasant Run Resort in St. Charles plans to lay off 149 employees starting in January 2020, according to the state's monthly WARN report. The Illinois Worker Adjustment and Retraining Notification, which requires employers to provide advanced notification of a plant closure or mass layoff, was filed with the state on Nov. 13.
The WARN report did not indicate the local resort would close but was instead restructuring. The first layoff date will be Jan. 12, 2020, according to the WARN report.
The resort generates between $500,000 and $600,000 in tax revenue for the city each year, and city officials have been concerned over a loss of revenue if the resort closes, according to the newspaper.
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In November, Christine Andrews, of Hostmark Hospitality, which manages Pheasant Run, let St. Charles Mayor Ray Rogina know of the resort's plan to lay off 75 percent of its staff, the Kane County Chronicle reports. Media outlets also reported in November that the resort was listed for sale on the Colliers' International website but as of Thursday the listing was not live on the site.
In 2011, a foreclosure lawsuit was filed against the resort. At the time, attorneys for U.S. Bank and CW Captial Asset Management—which issued a $29 million loan to the longtime St. Charles resort in 2006—claimed Pheasant Run didn't make payments for several months and now owes $28.5 million in principal, interest and penalties.
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Then in 2016, the airport authority filed a condemnation lawsuit to take over the entire resort, according to the Daily Herald. The lawsuit came shortly after the resort announced it would turn its golf course into housing. The DuPage Airport, at the time, had concerns over that plan since the airport abuts the golf course.
The airport authority later agreed to take over only part of the golf course behind the resort and adjacent to the airport, according to the Kane County Chronicle.
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