The Compass by Margaritaville hotel in Cape Canaveral, Florida is set to begin construction soon.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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