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Florida & Gulf Coast  + Central Florida  + Hospitality  | 
Driftwood Capital starts work on 502-unit Cocoa Beach resort

Work Commences on $420M Space Coast Resort

Work is underway on the Westin Cocoa Beach Resort, Spa and Conference Center, a 502-key oceanfront development helmed by Driftwood Capital. The $420 million project will be located on a 15-acre site at 1300 North Atlantic Avenue. Once completed, Driftwood Hospitality Management will manage the resort.

The Westin Cocoa Beach Resort & Spa will feature:

  • 11 food and beverage venues, including themed restaurants
  • A spa
  • Surfing wave pool
  • Swimming pools
  • Tennis and pickleball courts
  • Fitness center with cardio and weights
  • Multiple retail options
  • A multistory parking garage to accommodate about 800 vehicles

The property is expected to generate about $3 million in tourist taxes in its first year of operation and $4.5 million a year by its fifth year of operation while creating approximately 1,800 direct and indirect jobs in its first year.

The resort will also offer 72,000 square feet of open-air venues for meetings and events, complemented by 51,500 square feet of indoor space designed for gatherings and conferences.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development