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Over the next 30 years, the property was further developed and enhanced as a prestigious location. The hotel's name was changed from Amelia Island Plantation Hotel to Amelia Inn & Beach Club and then to its current Omni Amelia Island Resort once Omni Hotels & Resorts purchased the real estate in 2010. [4] [5]
River Hills Plantation [2] 1970: Sea Pines buys 2,400 acres of an old coconut plantation with 6 miles of beach on the southeastern coast of Puerto Rico to begin planning Palmas Del Mar. The company paid $8.5 Million. [3] 1970: Acquired land on Amelia Island, Florida south of Fernandina Beach and began development of Amelia Island Plantation. [4]
In 2000, Omni Hotels struck a deal with Turner Broadcasting to build a 600-room tower wing addition next to their existing hotel located in the CNN Center. The new wing opened in 2003. Omni bought Time Warner's share of the building in 2017. [11] In 2010, Omni Hotels purchased the Amelia Island Plantation in Florida for $67.1 million. [10]
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1970: Sea Pines buys 2,400 acres of an old coconut plantation with 6 miles of beach on the southeastern coast of Puerto Rico to begin planning Palmas Del Mar. The company paid $8.5 Million. [11] 1970: Acquired land on Amelia Island, Florida south of Fernandina Beach and began development of Amelia Island Plantation. [1]
This week, investors digested bitcoin's rally above $100,000, Intel's leadership shakeup, and monthly jobs data that keeps the Fed on track to cut interest rates.
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