Margaritaville Holdings and Minto Communities will develop new active adult communities in some of the nation’s most popular destinations. The first complex will open in Daytona Beach, Florida, on the 1,581 acres recently sold to Minto by Consolidated-Tomoka Land Co., in January 2017, and on another 1,686 acres currently under contract with Minto.
The Sales Center at Latitude Margaritaville, Daytona Beach is already under construction and is slated to open in Fall 2017.
In their joint press release, Margaritaville and Minto indicated that Latitude Margaritaville Daytona Beach would feature world-class amenities and design, and will reflect Margaritaville’s authentic, “no worries,” tropical vibe, offering an immersive brand experience.
Current plans call for walkable neighborhoods and a Town Center featuring a fitness center with an aerobics studio, indoor lap pool, spa, and group fitness classes; indoor and outdoor dining with signature Margaritaville food and beverage concepts, as well as others; arts and learning programs for residents and guests; and a resort pool area with beach entry. In true Margaritaville fashion, music will also play an important part in the community, with a band shell for live entertainment in the Town Center. A private beachfront club with breathtaking views and beachfront amenities will be set on the Atlantic Ocean, which residents can access via a continuous loop shuttle service.
Margaritaville and Minto noted that the location of their Latitude Margaritaville, Daytona Beach, at LPGA Blvd. and I-95, was ideal as a destination that offers access to the area’s world-famous beaches; championship golf at LPGA International Golf Club; Daytona International Speedway; Daytona Beach International Airport; the new One Daytona entertainment, dining and shopping destination; and much more.
John P. Albright, President and Chief Executive Officer of the Company stated, “We’re pleased to have two great companies with two great brands join together to launch not just a new partnership, not just a new brand, but a brand and a destination, Latitude Margaritaville, Daytona Beach, that is located in the heart of the largest area of our land holdings.” Mr. Albright continued, “More importantly, Latitude Margaritaville, Daytona Beach is simply stated a game changer for the Daytona Beach, Volusia County area that people nationally, and perhaps globally, can identify with as a great destination and place to live.”