The Real Deal Miami

Commissioners select Margaritaville for Hollywood Beach

April 08, 2010 09:35AM

A unanimous vote by the Hollywood Beach City Commission has selected Jimmy Buffett’s Margaritaville for a $100 million hotel project
on a tract of long-debated oceanfront land in the city. The other
proposal had been Planet Hollywood hotel, backed by Sylvester Stallone
and Bruce Willis. The six-acre property is at the A1A and Johnson
Street. Buffett’s proposal had been ranked the best by the city’s
advisory panel. The vote means the city and the developers have 90 days
to agree on a deal, or the city could turn back to the Planet Hollywood
proposal. [Miami Herald]