Galveston is getting a Margaritaville. RREAF and Innisfree are partnering on a $250 million project, including the 334-room hotel, a two-and-a-half-acre water park, four restaurants and a ballroom. The project is on the beach at 317 East Beach Drive. The group will break ground in early 2024.
“This is our fifth joint venture and ninth beachfront hotel with RREAF Holdings which exemplifies our successful commitment to adding premier developments to growing local, hospitality markets like Galveston,” said Innisfree’s Ted Ent.
The resort will feature a wide array of amenities including pickleball courts, a family entertainment center, a lazy river, an adult pool, and signature Margaritaville food and beverage offerings.
Craig International announced recently that another Margaritaville is going in at its $6 billion Lake Texoma project on the Texas-Oklahoma border.
Gillian Executive Search is a leader Hospitality, Hotel, Resort Development, Financing, Design and Construction recruiting. www.gessearch.com