A new Margaritaville Hotel has been officially announced just south of the heart of downtown Nashville with the start date in Summer of 2017.
The $65 million hotel was planned to have 15 floors and 140 rooms, to have rooftop amenity features including an outdoor pool, sundeck, and bar and lounge area; a spa with four treatment rooms; a fitness center; meeting and function space; and food and beverage services including a full-service restaurant, coffee shop, and lobby bar.
Additional facilities are planned to include approximately 65 timeshare units in conjunction with the Margaritaville Vacation Club by Wyndham.
The Margaritaville Hotel was the latest project to be announced south of Korean Veterans Boulevard and Music City Center, joining a project by Marriott, and an already completed Hilton Garden Inn.
“Everyday you come in to Nashville, you know, I’m coming in from 40, and you look at the skyline and there’s a new crane going up or a crane that’s gotten higher,” Trey Cioccia, owner and chef at The Farm House, said.
The Farm House was opened in 2013 just north of Korean Vetarans Boulevard, and since then, numerous buildings have been erected in the area.
“You got this 40 story Bridgestone coming up, you’ve got the new condo units over here,” Cioccia said of the expanding area, adding that all of the construction will bring more customers to his restaurant. “To know that we only have 100 seats and we’re already doing well to when all of this is done and the road is clear and the buildings up, it’s like, oh no, what are we gonna do?”
All joking aside, Cioccia knew it's a good problem to have, as long as the infrastructure can handle it, and developers in the area agree.
“This is going to be quite a neighborhood in a couple years, that’s for sure,” Todd Robert, director of operations for Conti Corporation, said.
Robert was part of the planning and construction of both Music City Center and the Omni Hotel, and he said it was just a matter of time before the construction boom moved further into the SoBro area of downtown.
“It’s been an abandoned part of the city but as the city’s expanding and looking to revamp itself, this area here is very lucrative.”
The Margaritaville Hotel is expected to be completed by the end of 2018, and developers believe many more projects will be planned and started in SoBro by the time that building is completed.