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Old Posted May 19, 2023, 6:00 PM
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Wattleigh Wattleigh is offline
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Join Date: Oct 2007
Location: Houston - Wichita, KS
Posts: 3,175
Seabrook

https://www.bizjournals.com/houston/...ate=2023-01-24

Quote:
Seabrook City Council OKs $170M mixed-use project with Compass by Margaritaville hotels

By Florian Martin – Reporter, Houston Business Journal
Jan 24, 2023

Seabrook, a suburb in the Clear Lake area, will be getting an estimated $170 million mixed-used development featuring two Margaritaville-branded hotels.

The Seabrook City Council on Jan. 17 approved Seabrook Plaza One LP's preliminary planned unit development for 11 acres on the Clear Lake-facing side of NASA Road 1 at Repsdorph Road.

The company, owned by Houston-based developer John Fischer, plans to develop what is to be called Seabrook Plaza, with a 100,000-square-foot boutique hotel, a 120,000-square-foot extended stay hotel, a 25,000-square-foot event center, a seven-story apartment complex with 260 one- and two-bedroom units, and about 25,000 square feet of retail space.

It also includes more than 800 parking spots for the hotels and event center and nearly 370 for the apartments. Most of the parking would be on the first and second floors of the buildings.

Fischer has purchased a license to operate both hotels under the Compass by Margaritaville brand, according to city of Seabrook officials. Compass, which launched in 2020, is a “collection of upscale boutique hotels” from Jimmy Buffet's Margaritaville brand, according to its website.




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