Canyon Ranch Austin Wellness Resort is sticking with its goal of opening in 2026. When it does open, the $122 million resort says it will be the largest spa in Texas. In 2022, ConnectCRE reported it received a $200 million cash infusion from VICI Properties to fund the project.

The Austin Business Journal reports that Canyon Ranch will be on 600 acres along Lake Travis in Spicewood and will feature facilities for health, fitness, performance, dining, lodging, outdoor adventures and what is said to be the largest spa in Texas. The approximately 224,000-square-foot resort will be about 30 miles away from downtown Austin.  

Fort Worth-based Canyon Ranch has locations in Arizona, California, Massachusetts, Las Vegas and Fort Worth.  

VICI Properties Inc. owns one of the largest portfolios of gaming, hospitality, wellness, entertainment and leisure destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas.