Margaritaville work could begin in April
Construction and demolition work for Margaritaville could begin around April, according to a post on the Margaritaville Fort Myers Beach Facebook page.
Several buildings along Estero Boulevard will be demolished to make way for the project. Some of those buildings are currently occupied by business tenants who plan to relocate.
In the unsigned post this past week, the developers behind the hotel and and commercial center project stated “TPI is here and executing its plans to start demolition and the resorts construction. It is still our plan to begin after the upcoming “season“, so around April. Yes, the over two years of fighting the legal challenges were tough on us. Then compounded by effectively having the lawsuits push us into Covid and its dramatic impacts on the travel industry… kind of the Perfect Storm of sorts. We at TPI are as excited as the community is to get started and contribute to our islands renaissance! Thank you all for your invaluable support. Together we will get through Covid and work together to protect our island community’s environment and small town barrier island feel.”
TPI President Tom Torgerson could not be reached for comment.
In a posted on the Margaritaville Resort Fort Myers Beach Facebook page in September, it was stated that a financing term sheer was expected. Torgerson declined to comment at the time on the announcement.
In August, the resort’s Facebook page posted that financing terms were currently tight due to the COVID-19 pandemic.
The 254-room Margaritaville resort is planned at 1160 Estero Boulevard, with a skywalk that will cross over Estero Boulevard, along with six acres of commercial space.
The resort and the Town of Fort Myers Beach beat back a lawsuit filed by Chris Patton this summer challenging the town’s approval of a deviation from its zoning through “exceptional circumstances.” The lawsuit claimed that the resort should have been restricted to 84 rooms.
The Second District Court of Appeal ruled in favor of the town and the developer in June. A new lawsuit by Patton and attorney Ralf Brookes, challenging the constitutionality of the town’s “exceptional circumstances” provision, was dropped in July.