The hotel will be named "The Huntington Lodge at Pronghorn."
Construction will start next April and is slated for completion in early 2015.
Pronghorn General Manager, Spencer Schaub says now is a good time to do this.
"Obviously the market in central Oreogn has reboudned not only in real estate perspective, but in tourism perspective as well. We've done a lot of market research and we feel comfortable with this, as we prepare to start this spring, we wanted to get the news out to all central Oregonians."
The lodge will complement a full service spa and two world class golf courses.
Pronghorn is owned by Auberge Resorts -- which owns several resorts in California, Colorado and Mexico.