The Circle G Ranch is currently owned by Davage "Buddy" Runnels Jr., a real estate developer based in Destin, Florida. He acquired the historic property in 2014 with ambitious plans for its future.
Current Ownership and Acquisition
Davage "Buddy" Runnels Jr. took ownership of the Circle G Ranch in 2014. As a seasoned real estate developer, his acquisition marked a significant turning point for the 231-acre property, which had fallen into disrepair over the years following Elvis Presley's death. Runnels' vision is to revitalize the ranch, transforming it from a neglected landmark into a vibrant destination.
Redevelopment Vision for Circle G Ranch
Upon purchasing the ranch, Davage "Buddy" Runnels Jr. announced his intentions to redevelop the site into a notable tourist destination. This ambitious plan aims to complement the existing appeal of Graceland, Elvis Presley's iconic estate, thereby enhancing the overall visitor experience in the region. The redevelopment efforts are focused on restoring the ranch's historical significance while creating new attractions for fans and tourists.
Key Facts About Circle G Ranch
The Circle G Ranch, a property once dear to Elvis Presley, holds a unique place in cultural history. Its location and size make it a significant parcel of land with considerable potential for development.
| Aspect | Detail |
|---|---|
| Current Owner | Davage "Buddy" Runnels Jr. |
| Acquisition Year | 2014 |
| Owner's Profession | Destin, Florida-based real estate developer |
| Ranch Size | 231 acres |
| Location | At Miss. 301 and Goodman Road |
| Future Plans | Redevelopment as a tourist destination to complement Graceland |
| Prior Condition | Fell into disrepair over the years since Elvis Presley's death |
The ongoing efforts to develop the ranch signify a commitment to preserving its legacy while creating new opportunities for tourism and economic growth in the area.
