Thursday, July 11, 2013
While it is not official as far as we can tell, MyrtleBeachOnline is reporting that the Crystal Blue Investment Group is working with Hilton Grand Vacations Club on a proposed new Hilton timeshare. Whether the resort will be purpose-built as a new Myrtle Beach timeshare or is planned for a mixed use resort is unclear.
The real estate under discussion is currently occupied by two Beach Villa apartment towers and is oceanfront on stretch of Myrtle Beach between Schooner II Beach and Racquet Club and Boardwalk Hotel on North Ocean Boulevard. Estimated cost of the project is nearly $42 million and includes improvements the developer would be required to make for the benefit of the city.
Although growth in Myrtle Beach has been slow since 2009 with no new resorts built during this time, the area remains a popular beach vacation destination. Mark Kruea, a spokesperson for the city says they are seeing a return of confidence in the economy and are benefiting from tourism advertising being done by the community. Sonship Hospitality announced earlier this year its plans to develop a 14-story Homewood Suites Oceanfront Resort & Conference Center in Myrtle Beach and a 150-room Residence Inn-SpringHill Suites Oceanfront Resort.
If the Hilton Grand Vacations Club project information becomes a reality, it will add a second Hilton timeshare to the area, joining the luxurious Hilton Grand Vacations Club at Anderson Ocean Club and possibly increasing interest in the great deals already available on Hilton timeshare resales in Myrtle Beach.