$700M Margaritaville Galveston Nears Vertical Construction: The Houston Deal Sheet
📍 Houston Texas
5/10
Action Required
Research GC selection for this $700M resort project — if no steel sub is locked, ConXtech could compete for structural steel packages. Galveston is low-seismic so proprietary system's seismic advantage is less relevant, but speed-to-market and schedule certainty on a large hospitality project could be compelling. Determine if resort includes mid-rise hotel buildings (2-6 stories) that fit the system.
ConXtech System
⚪ Either
Project Type
hospitality
Project Stage
Permitted
Stories
—
Estimated Size
500,000+ sqft (resort complex)
Total Project Value
$700M
Estimated Steel Scope
$5M-$15M (structural steel portion of resort)
Timeline Fit
Nearing vertical construction — originally slated for 2024 groundbreaking, now progressing through geotech. Steel procurement may be imminent or already in progress.
Fit Assessment
possible fit
General Contractor
—
Owner
RREAF Holdings
Key Contacts
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Source: View Original Source →
Lead Status
Team Notes