Songy Highroads and Wampold Cos. have chosen Benchmark to operate the upcoming Margaritaville Lake Resort, Lake Conroe-Houston. Scheduled to open in the summer of 2020, the 335-suite resort will mark the Margaritaville brand’s first resort in Texas.
The property will include 72,000 square feet of meeting space, numerous signature Margaritaville dining concepts and an array of recreational activities—including an 18-hole golf course and three-acre waterpark. It will be located an hour from Houston and about three hours from Austin, Dallas and San Antonio.
The resort is a joint venture of Songy Highroads and Wampold. It will be a part of Benchmark’s signature brand, Benchmark Resorts & Hotels.
“Benchmark is very excited to be part of this groundbreaking project that will bring the iconic Margaritaville brand to the Houston market, and to our neighbors throughout the Lone Star State, and beyond,” Benchmark CEO Alex Cabañas said in a statement. Benchmark is based outside of Houston in The Woodlands, Texas.
Songy Highroads, an Atlanta-based commercial real estate firm, has completed more than $1.5 billion of acquisitions and developments since 1992. Its JV partner, Wampold Cos., works in real estate development, construction, renovations and property management.