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9:57 am
Mon March 22, 2010

New Owner, New Plans

Afton, OK – New owner of resort on Grand Lake unveils plans

AFTON, Okla. (AP) Tulsa businessman Eddy Gibbs says he has big plans for the Grand Lake resort once known as Shangri-La, which he bought earlier this month. It's been called The Peninsula Resort and Club since 2005, but Gibbs said at a meeting in Afton that it would once again be called Shangri-La.

At the meeting, Gibbs said no casino would be built on the property but plans do include a marina. Gibbs said his plans include tearing down the resort's main lodge building and building a two-story clubhouse that overlooks Grand Lake.

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Information from: Tulsa World, http://www.tulsaworld.com