The community, which is being billed as an "active adult community" for residents 55 and older, is expected to open for sales later this fall, with model homes opening next year.
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It will boast walkable neighborhoods, fitness center, spa, live entertainment, private beach club and indoor and outdoor dining, according to a press release from Margaritaville Holdings and its partner Minto Communities.
There will be 6,900 homes, with a price tag starting at the low $200,000, and 200,000 square feet of retail space.
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