While Margaritaville prepares to break ground on a new residential and commercial development in Hardeeville, the Jimmy Buffett-inspired brand is busy taking over a pair of resort properties.
The company announced a partnership Thursday with Miami-based investment firm Driftwood Acquisitions and Development to rebrand and renovate the Tan-Tar-A Resort in Missouri and the Flamingo Beach Resort and Spa in Costa Rica.
“We are thrilled to combine the fun and escapism of our brand with these iconic locations and provide additional opportunities for our guests to relax and have a great time, which is what we are all about,” Margaritaville president John Cohlan said in a statement.
The Tan-Tar-A Resort is a 500-room property in Osage Beach, Mo., along the shore of Lake of the Ozarks. The resort includes two golf courses, a marina, sports facilities and a water park, according to a Margaritaville news release.
The Flamingo Beach Resort and Spa is a 120-room property in Guanacaste on the northern Pacific coast of Costa Rica. Visitors can participate in activities such as scuba diving, jungle canopy tours and day trips to the Arenal Volcano, the release said.
“Renovations (at both properties) are expected to commence immediately,” according to the release.
There are nine Margaritaville-branded resorts and 20 more in active development. The company also operates more than 60 restaurants, the release said.
The Latitude Margaritaville Hilton Head project along U.S 278 in Hardeeville is one of two active adult communities the company is developing with partner Minto Communities. The other is in Daytona Beach, Fla.
The Hardeeville development will include about 3,000 homes, a 290,000-square-foot retail center.
Groundbreaking on the project is expected later this summer.