Buffett to Open Retirement Community in Daytona

Jimmy Buffett’s Margaritaville Holdings is planning to open Latitude Margaritaville, a 55-year and older community in Daytona, Florida.

Plans for a 55-and-older Margaritaville-themed community are barely off the drawing board, but the spirit of the Jimmy Buffett song that inspired the project was evident in a welcome celebration on Thursday at LPGA International Golf Club.

The invitation-only party marked this week’s announcement by Canadian developer Minto Communities that Buffett’s Margaritaville Holdings company will be a strategic partner in developing Latitude Margaritaville, a planned 6,900-home community for 55-and-older residents on the north side of LPGA Boulevard, just west of Interstate 95.

The first homes are expected to be ready for move in by fall 2018, said William Bullock, a senior vice president with Minto. A sales center along LPGA Boulevard next to the Halifax Humane Society is expected to be open by this fall, with models available to tour by January 2018, Bullock said.

The community is being designed to reflect Buffett’s well-known tropical vibe, including the look and feel of its homes, which will feature an Old Florida/Key West architectural style, Bullock said.

More info at latitudemargaritaville.com