Omni Purchases Amelia Island Plantation, Plans Major Expansion

Omni Hotels & Resorts, the highest bidder, has purchased Florida's renowned Amelia Island Plantation out of bankruptcy, and is now planning a significant expansion of its guest rooms and meeting space, it announced last month.

The island development, located 29 miles north of Jacksonville, Fla., was purchased at auction for $67.1 million. Upon taking ownership of it this fall, Omni plans to expand the resort — which currently has 249 guest rooms and nearly 50,000 square feet of meeting space — with 125 additional guest rooms and a new 16,000-square-foot ballroom.

"We are exceptionally pleased to add this extraordinary resort to the Omni portfolio given its great beauty, gracious accommodations and broad range of amenities," Omni Hotels & Resorts President Mike Deitemeyer said in a statement. "We believe that the property extends our luxury resort collection and exemplifies our commitment to deliver memorable experiences to our guests."

Built in the 1970s, Amelia Island Plantation spans 1,350 acres of oceanfront land off Florida's northernmost coast. The property includes the Amelia Inn hotel, four 18-hole golf courses, a 13,200-square-foot spa, several pools and villas, a beach club, a shopping village and nine different restaurants.