Margaritaville is planning a resort at Lake Conroe, according to a press release. It acquired an 186-acre property at 600 La Torretta Blvd. for an undisclosed amount, and there are plans to add guest rooms and lakefront villas and to convert two existing restaurants into LandShark Bar & Grill and 5 o'Clock Somewhere Bar & Grill, both Margaritaville brands. More plans for renovations include an 18-hole golf course, tennis facilities, a spa, outdoor pools and a conference and event center of the existing La Torretta Resort & Spa property. The new resort is slated to open as Margaritaville by fall 2020, according to the release. www.margaritaville.com