Construction Begins on Margaritaville Resort
What happened
Construction crews are now preparing the East Beach site for a new Margaritaville resort. The project is expected to boost local tourism and provide new recreational amenities in the Galveston area. The development represents a significant addition to the region's hospitality and entertainment options.
Why it matters
- The project is a joint venture between Dallas-based developer RREAF Holdings and Florida-based Innisfree Hotels. The total investment for the resort is estimated to be between $250 million and $700 million. - Located at 317 East Beach Drive, the resort will feature a 15-story hotel with 334 rooms, making it one of the largest developments on the east side of the island. - In addition to the hotel, the development includes 278 fully furnished, Margaritaville-themed beach cottages, with prices ranging from approximately $1 million to $4 million. - Amenities will include a 2.5-acre elevated water park overlooking the beach, a 400-foot lazy river, an infinity pool, four restaurants, pickleball courts, and a family entertainment center. - Construction of the resort is expected to create 500 to 600 direct jobs and is projected to be completed in 2026. - The development has faced some local opposition due to its potential impact on the area's "ghost wolf" coyote population and delicate coastal ecosystems. - This will be the second Margaritaville resort in Texas, following the location that opened in Lake Conroe in 2020. The brand also has a Camp Margaritaville RV Resort on the Bolivar Peninsula. - The development comes as Galveston experiences a tourism boom, with over 8 million visitors in 2022, a 25% increase from the previous year.
Key numbers
- The total investment for the resort is estimated to be between $250 million and $700 million.
- Located at 317 East Beach Drive, the resort will feature a 15-story hotel with 334 rooms, making it one of the largest developments on the east side of the island.
- In addition to the hotel, the development includes 278 fully furnished, Margaritaville-themed beach cottages, with prices ranging from approximately $1 million to $4 million.
- Amenities will include a 2.5-acre elevated water park overlooking the beach, a 400-foot lazy river, an infinity pool, four restaurants, pickleball courts, and a family entertainment center.
What happens next
- Located at 317 East Beach Drive, the resort will feature a 15-story hotel with 334 rooms, making it one of the largest developments on the east side of the island.
- Amenities will include a 2.5-acre elevated water park overlooking the beach, a 400-foot lazy river, an infinity pool, four restaurants, pickleball courts, and a family entertainment center.
- Construction of the resort is expected to create 500 to 600 direct jobs and is projected to be completed in 2026.
Quick answers
What happened in Construction Begins on Margaritaville Resort?
Construction crews are now preparing the East Beach site for a new Margaritaville resort. The project is expected to boost local tourism and provide new recreational amenities in the Galveston area. The development represents a significant addition to the region's hospitality and entertainment options.
Why does Construction Begins on Margaritaville Resort matter?
The project is a joint venture between Dallas-based developer RREAF Holdings and Florida-based Innisfree Hotels. The total investment for the resort is estimated to be between $250 million and $700 million. Located at 317 East Beach Drive, the resort will feature a 15-story hotel with 334 rooms, making it one of the largest developments on the east side of the island. In addition to the hotel, the development includes 278 fully furnished, Margaritaville-themed beach cottages, with prices ranging from approximately $1 million to $4 million. Amenities will include a 2.5-acre elevated water park overlooking the beach, a 400-foot lazy river, an infinity pool, four restaurants, pickleball courts, and a family entertainment center. Construction of the resort is expected to create 500 to 600 direct jobs and is projected to be completed in 2026. The development has faced some local opposition due to its potential impact on the area's "ghost wolf" coyote population and delicate coastal ecosystems. This will be the second Margaritaville resort in Texas, following the location that opened in Lake Conroe in 2020. The brand also has a Camp Margaritaville RV Resort on the Bolivar Peninsula. The development comes as Galveston experiences a tourism boom, with over 8 million visitors in 2022, a 25% increase from the previous year.
