NEWPORT, Ky. – Plans are in place for a new $134 million Margaritaville resort in Newport, Ky.
The planned resort was announced by Kentucky Gov. Andy Beshear late last month. As reported by local television station WLWT, Beshear says the resort will create 282 new jobs.
According to a media release, the resort will have 264 rooms, a 12th-floor pool, Five O’Clock Somewhere Bar and Grill overlooking the Ohio River, and more than 10,000 square feet of meeting and event space.
“Stormont Hospitality Group and North American Properties are thrilled to be working together again on this unique and transformative project. It will bring an unmatched resort-style experience to the area, making it a true game-changer for attracting new convention business and leisure travel to Northern Kentucky and the greater commonwealth,” said Jim Stormont, president of Stormont Hospitality Group, one of the partners behind the project. “We are appreciative of both the City of Newport and the commonwealth for providing the leadership and support necessary to bring this vision to reality. We look forward to continuing this partnership as we work to complete this exciting project, which will create significant economic impacts throughout the region for years to come.”
The resort is expected to be completed by the fall of 2026.
