NORTH MYRTLE BEACH, S.C. (WBTW) — A long-anticipated Margaritaville concept planned for North Myrtle Beach has cleared a major financial milestone, a Dallas-based firm said Monday.
“North Myrtle Beach presents a unique opportunity to capture tourism demand as it has limited high-quality hotel accommodations, making this an ideal location for a Compass by Margaritaville property,” Brian Mitchell, vice president of HALL Structured Finance, said in statement announcing a $68.5 million construction loan for the project.
Compass by Margaritaville announced in 2023 plans to bring their Jimmy Buffett-themed brand onto the Grand Strand with locations in Myrtle Beach and North Myrtle Beach…