Busch Properties, Inc. (BPI), is a corporation, which operates resort, residential and commercial properties in the United States. It was established in 1969 as a subsidiary of Anheuser-Busch, Inc. (AB), the largest brewing company in the United States, which is based in

St. Louis, Missouri St. Louis () is the second-largest city in Missouri, United States. It sits near the confluence of the Mississippi and the Missouri Rivers. In 2020, the city proper had a population of 301,578, while the bi-state metropolitan area, whic ...

. BPI's four main functions include

business park A business park or office park is a designated area of land in which many office buildings are grouped together. These types of developments are often located in suburban areas where land and building costs are more affordable, and are typicall ...

development, resort and residential development, corporate real estate and employee residential relocation for the parent company and other AB subsidiaries. Busch Properties primarily develops and manages properties located on land near the parent company's brewery facilities, such as the Busch Corporate Center adjacent to the company's St. Louis brewery. Notable among BPI developments were the

Kingsmill Resort Kingsmill Resort is a vacation, conference, and golf resort in the eastern United States, located in James City County, Virginia, southeast of Williamsburg. It is located on a portion of the Kingsmill Plantation; the original plantation structu ...

, the Kingsmill

planned community A planned community, planned city, planned town, or planned settlement is any community that was carefully planned from its inception and is typically constructed on previously undeveloped land. This contrasts with settlements that evolve ...

residential development, Busch Office Park at

McLaws Circle McLaws Circle (also known as Mclaws Circle) is a Busch Business Park located adjacent to the Kingsmill development of Anheuser-Busch in James City County, Virginia near the City of Williamsburg. It is managed by Busch Properties, Inc. McLaws Ci ...

, and Busch Commerce Park, all located near the company's brewery in James City County near

Williamsburg, Virginia Williamsburg is an independent city in the Commonwealth of Virginia. As of the 2020 census, it had a population of 15,425. Located on the Virginia Peninsula, Williamsburg is in the northern part of the Hampton Roads metropolitan area. It is b ...

. Busch Entertainment, another AB subsidiary, operates the

Busch Gardens Williamsburg Busch Gardens Williamsburg (formerly known as Busch Gardens Europe and Busch Gardens: The Old Country) is a amusement park located in James City County near Williamsburg, Virginia, United States. Located approximately northwest of Virginia ...

and

Water Country USA Water Country USA is a water park in Williamsburg, Virginia, United States. It is the Mid-Atlantic's largest water park, and it offers live entertainment, shops and restaurants, water rides, and other family attractions, all of which have a 1950 ...

theme parks nearby the James City brewery as well. In 2008,

Dun and Bradstreet The Dun & Bradstreet Corporation is an American company that provides commercial data, analytics, and insights for businesses. Headquartered in Jacksonville, Florida, the company offers a wide range of products and services for risk and financia ...

reported annual gross sales of BPI as US$61 million. On June 24, 2010 it was announced by Robin Carson, Executive VP with BPI, that BPI has decided not to exercise the option to bid for or extend its agreement to provide management services to the Kingsmill Community Services Association after December 31, 2010. This coupled with the

InBev InBev () is a brewing company that resulted from the merger between Belgium-based company Interbrew and Brazilian brewer AmBev which took place in 2004. It existed independently until the acquisition of Anheuser-Busch in 2008, which formed Anheu ...

sale in October, 2009 of Busch Gardens Williamsburg, Water Country USA and eight other theme park to

Blackstone Group Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate ...

significantly reduces the amount of real estate BPI is managing. The following month, in July 2010, it was announced that Busch Properties had entered into an agreement with

Xanterra Parks and Resorts Xanterra Travel Collection (formerly Xanterra Parks & Resorts, Amfac Resorts and Amfac Parks & Resorts) is a privately owned American park and resort management company based in Greenwood Village, Colorado, controlled by entertainment magnate Ph ...

to purchase and operate the Kingsmill Resort. In 1968, Xanterra became the successor to the

Fred Harvey Company The Fred Harvey Company was the owner of the Harvey House chain of restaurants, hotels and other hospitality industry businesses alongside railroads in the Western United States. It was founded in 1876 by Fred Harvey to cater to the growi ...

initially established by entrepreneur Fred Harvey beginning in 1875. One of Xanterra's more famous locations is located at the

Grand Canyon The Grand Canyon (, yuf-x-yav, Wi:kaʼi:la, , Southern Paiute language: Paxa’uipi, ) is a steep-sided canyon carved by the Colorado River in Arizona, United States. The Grand Canyon is long, up to wide and attains a depth of over a ...

Arizona Arizona ( ; nv, Hoozdo Hahoodzo ; ood, Alĭ ṣonak ) is a U.S. state, state in the Southwestern United States. It is the list of U.S. states and territories by area, 6th largest and the list of U.S. states and territories by population, 14 ...

. Xanterra (owned by Anschutz since 2008) has traditionally operated in national and state parks across the United States, especially in the Western regions. Other high-profile operations include

Yellowstone National Park Yellowstone National Park is an American national park located in the western United States, largely in the northwest corner of Wyoming Wyoming () is a state in the Mountain West subregion of the Western United States. It is border ...

Wyoming Wyoming () is a state in the Mountain West subregion of the Western United States. It is bordered by Montana to the north and northwest, South Dakota and Nebraska to the east, Idaho to the west, Utah to the southwest, and Colorado to the sou ...

and

Crater Lake National Park Crater Lake National Park is an American national park located in southern Oregon. Established in 1902, Crater Lake is the fifth-oldest national park in the United States and the only national park in Oregon. The park encompasses the caldera of ...

Oregon Oregon () is a state in the Pacific Northwest region of the Western United States. The Columbia River delineates much of Oregon's northern boundary with Washington, while the Snake River delineates much of its eastern boundary with Idah ...

. Owned by Denver-based billionaire

Philip Anschutz Philip Frederick Anschutz ( ; born December 28, 1939) is an American billionaire businessman who owns or controls companies in a variety of industries, including energy, railroads, real estate, sports, newspapers, movies, theaters, arenas and mu ...

since, 2008, prior to the Kingsmill announcement, Xanterra was operating about three dozen hotels and lodges with more than 5,000 guest rooms combined, with over 8,000 employees.

References

{{Anheuser-Busch Companies Anheuser-Busch Companies based in St. Louis