Tuesday, April 2, 2013

Hollywood Margaritaville construction delayed again

Apr 2, 2013, 6:24am EDT   Staff South Florida Business Journal
 Robert Taylorphoto by Mark Freerks               
Robert Taylor of CB Richard Ellis at 300 Johnson St. in Hollywood, the future site of Margaritaville.


Construction of the 350-room Hollywood
Staff South Florida Business Journal
Construction of the 350-room Hollywood Margaritaville has been delayed again and the project’s developers must now ask the city commission for another extension.
Hollywood city manager Cathy Swanson-Rivenbark told The Miami Herald that Margaritaville and The Lojeta Group had until April 10 to begin construction on the project. The developers are to ask the city commission on Wednesday for an additional 60 days to take possession of the land and to finalize the project’s funding plan, according to the Herald.
Development of the 17-story Margaritaville has hit many delays. It would transform the boardwalk area on Hollywood beach.

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