Phase one construction has begun for the new Margaritaville resort.
\”Right now, what they\’re doing is some site work for the first phase that\’s planned, which is a 201-room hotel, a 71-unit condominium,\” said Panama City Beach Director of Planning and Building Mel Leonard.
The resort will be located off Front Beach Road, next to Crane Street. Officials plans reveal much more is in store. Developers plan to build condos, single-family cottages, and a two-acre lagoon.
Leonard says they initially expected the resort to be finished in seven years, but the master plan has a predicted completion date in 2028. He says it will all depend on the economy and the success of phase one.
–With files from WJHG