Weather Data Source: sharpweather.com

Construction of Compass by Margaritaville Hotel to Start in Cape Canaveral

Article Sponsored by:

CMiC Global

CMIC Global Logo

Since 1974, CMiC has been a global leader in enterprise software for the construction industry. Headquartered in Toronto, Canada, CMiC delivers a fully integrated platform that streamlines project management, financials, and field operations.

With a focus on innovation and customer success, CMiC empowers construction firms to enhance efficiency, improve collaboration, and make data-driven decisions. Trusted by industry leaders worldwide, CMiC continues to shape the future of construction technology.

Read More About CMiC: 

Construction of Compass by Margaritaville hotel in Cape Canaveral

News Summary

The construction of the Compass by Margaritaville hotel is poised to begin in Cape Canaveral, Florida, catering to cruise passengers with modern accommodations and diverse amenities. Located near Port Canaveral, the hotel will feature 150 rooms over six stories. This $32 million project, coordinated by Certified General Contractors, reflects the growing demand for hospitality services in the area as it continues to attract tourists and cruise travelers.

Construction of Compass by Margaritaville Hotel Set to Begin in Cape Canaveral

The highly anticipated Compass by Margaritaville hotel is set to break ground in Cape Canaveral, Florida, with construction expected to commence as early as October. This new Margaritaville-branded hotel aims to cater specifically to cruise passengers, making it an exciting development for the region known for its proximity to Port Canaveral, the world’s second-busiest cruise port.

Hotel Features and Amenities

Situated at 8955 Columbia Road, the hotel will boast 150 rooms across six stories, offering visitors modern accommodations just minutes from the popular cruise terminal. The project, coordinated by Certified General Contractors, encompasses a budget of $32 million. Guests will be able to enjoy a variety of amenities, including both indoor and outdoor dining options, a resort-style swimming pool, and various other facilities designed for relaxation and entertainment.

Strategic Location and Impact

The hotel’s strategic location just off State Road A1A—which was designated as the Jimmy Buffett Memorial Highway in 2023—further highlights its appeal to tourists and cruise travelers. Many cruise passengers frequently choose to stay in Space Coast hotels for several days before or after embarking on their journeys, creating a demand that this new hotel is set to fulfill.

Expanding the Margaritaville Brand

The Compass by Margaritaville brand boasts several existing locations throughout Florida, including hotels in Anna Maria Sound, Flagler Beach, and Naples. The brand is known for being selective in its approval of new locations, focusing on tourist-heavy communities near water. This ensures that each new hotel maintains a consistent standard of quality and appeal.

Further Developments in the Region

This latest project marks the third hotel built by Certified General Contractors in Cape Canaveral, following the recent opening of Hyatt Place and the upcoming Hilton Garden Inn. The growth in hotel construction reflects the increasing popularity of the Space Coast as a tourist destination, particularly among cruise enthusiasts.

Optimism for Cruise Business Growth

Local officials, including the Chair of the Brevard County Tourist Development Council, have expressed optimism about the ongoing growth of the cruise business at Port Canaveral. The cruise port’s standing as a top departure point attracts numerous passengers who often require accommodations for their travels.

Unrelated Developments in Melbourne

Interestingly, the hotel developers in Cape Canaveral are not related to a proposed, more elaborate Margaritaville project currently stalled in Melbourne. The larger Melbourne project was intended to feature extensive amenities and a more significant hotel but has faced delays with no recent updates from the developer.

Conclusion

The construction of Compass by Margaritaville in Cape Canaveral marks an exciting development for the area, enhancing its offerings for tourists and cruise passengers alike. With its prime location, attractive amenities, and ties to the beloved Margaritaville brand, the hotel is poised to make a positive impact on the local economy and tourism sector.

Deeper Dive: News & Info About This Topic

Construction FL Resources

Additional Resources

Construction FL News
Author: Construction FL News

FLORIDA STAFF WRITER The FLORIDA STAFF WRITER represents the experienced team at constructionflnews.com, your go-to source for actionable local news and information in Florida and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Florida Build Expo, major infrastructure projects, and advancements in construction technology showcases. Our coverage extends to key organizations like the Associated Builders and Contractors of Florida and the Florida Home Builders Association, plus leading businesses in construction and legal services that power the local economy such as CMiC Global and Shutts & Bowen LLP. As part of the broader network, including constructioncanews.com, constructionnynews.com, and constructiontxnews.com, we provide comprehensive, credible insights into the dynamic construction landscape across multiple states.

Stay Connected

More Updates

Would You Like To Add Your Business?

WordPress Ads