The beachfront resort project showcases the advantage of developing in markets where demand is outpacing supply. RREAF Holdings LLC, a private real estate development firm, today announced its partnership with Innisfree Hotels, a best-in-class operator of beachfront hotels and resorts in the Southeastern United States, to develop a new, $110 million Margaritaville Resort in Galveston, Texas. Located at 317 East Beach Drive, the resort will occupy 300,000 square feet, making it one of the largest developments in eastern Galveston. The property will feature 334 rooms and include offerings such as a 2.5-acre elevated water park overlooking the beach, four restaurants, ballroom, direct beach acc
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