The first Margaritaville Beach Hotel will open in Pensacola Beach, FL according to an article in The Northwest Florida Daily News.
Jimmy Buffett’s mythical Margaritaville is about to become a reality on Pensacola Beach.
The legendary singer-songwriter has reached an agreement with Pensacola developer Marilyn Woodbury-Hess to launch the first Margaritaville Beach Hotel in a $50 million, 162-room Gulf-front hotel expected to open in late May or early June.
Buffett’s Orlando-based development partner, Jim Wiseman, announced the deal during the Santa Rosa Island Authority’s regular board meeting Wednesday evening.
Wiseman said the decision to launch the hotel brand in Pensacola was the result of three weeks of rapid-fire meetings he and Buffett held with Woodbury-Hess’ Little Sabine Inc., developers of the property owned by American Fidelity Life Insurance Co.
“Up until three weeks ago, our plans were to locate the first Margaritaville Beach Hotel in Hollywood, Fla.,” Wiseman told Island Authority members. “It’s really providential how this all came about. It was meant to be at Pensacola Beach.”
Wiseman noted that Buffett, a Mobile native, “grew up on Pensacola Beach” and his strong affinity for the area factored heavily into the decision to locate the first hotel there.
Wear-TV has a video and news story on the Margaritaville Beach Hotel