The sale amount was not disclosed.

Colorado’s richest resident, Philip Anschutz, is buying the historic Broadmoor resort in Colorado Springs, the Denver Post reports.

And when the Denver businessman completes the sale next month, he isn’t expected to make any changes to the storied, AAA Five Diamond-rated resort, the story says. He says he’ll retain the hotel’s management and staff, and keep it under the direction of current chief executive, Steve Bartolin.

The Broadmoor was opened in 1918 by the Penroses, Colorado Springs philanthropists.

In terms of the newly announced sale, the Broadmoor is just one of the assets included in the purchase from the Gaylord family.

The Anschutz Co.’s purchase of the Oklahoma Publishing Co. also includes the 500-room Lost Pines Resort and Spa in Austin, Texas; the Oklahoman newspaper and website, and other assets.