Marinas and Boatyards

Marinas and boatyards offer the vital services, ranging from repairs to slips and seasonal storage, that boaters require. Because they're in regular contact with boat owners, these businesses can take the pulse of the recreational boating industry every day. Developments such as new facilities and new services at these sites help to drive the industry forward.

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‘Star’ on the rise marina chain in growth mode

Morningstar’s father-son team wants to own, upgrade and manage as many as 25 properties by 2012 It’s been about four years since Stephen Benson and his son, Dave, ventured into the marina business with their purchase of the 950-member Peninsula Yacht Club on Lake Norman, N.C. And their portfolio of Morningstar marinas keeps getting bigger…more

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Vegas area marina owner’s $10M bet

Buys neighboring facility for expansion, despite economy and drought Expanding a business in any environment can be difficult. Add in a prolonged economic downturn and a seven-year drought, and one might wonder what Bob Gripentog was thinking when he recently bought a neighboring marina to enlarge his existing operations. “It’s a bit of a gamble,” he…more

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Construction finished at Calif. development

Marina construction at the new luxury townhouse development, Esprit, in Marina del Rey, Calif., has been completed by Atlantic-Meeco of McAlester, Okla. The marina has 227 slips ranging from 35 to 70 feet and three amenity platforms of approximately 4,500 square feet that house restrooms, showers, laundry facilities and other services. The marina and platforms…more

Florida marina selling memberships quickly

Jupiter, Fla.-based Jonathan’s Landing Marina converted to a membership marina last fall and has sold out its 75 charter memberships in less than six months. The remaining 195 memberships continue to sell at a rate of 10 to 12 per month, according to marina personnel. Jonathan’s Landing Marina membership program provides a public marina within…more

New River Marina auction Thursday

Auction Co. of America and CB Richard Ellis will auction the New River Marina in Fort Lauderdale Thursday at 2 p.m. The marina declared bankruptcy last year with $19 million in debt.  Unsecured creditors pushed for the auction, while owners Mary and Bob Wickman still hope for a last-minute investor to save the day. “This…more

MIATC selects board of directors

The Marine Industries Association of the Treasure Coast in Florida elected its board of directors for 2008-09. The newly elected officers are: Marty Laven from the Dockominium Group, president; Steve Haigis, Sebastian Inlet Marina, vice president; Bill Hill, The Harborage Yacht Club and Marina, treasurer; and Tim Grabenbauer of Vero Beach Municipal Marina continues as…more

Marina celebration coming soon

Organizers of this year’s National Marina Day say they are “planning a spectacular day with food, games and music that the whole family can take part in.” Proceeds will benefit Flotilla 29 of Lake Lanier, the Coast Guard’s volunteer auxiliary branch. National Marina Day, which takes place Aug. 9, celebrates the role marinas play in…more

Managers given association’s certified status

Five marina managers have attained the status of Certified Marina Manager through the Association of Marina Industries’ International Marina Institute. They include: Jack Hodge, Irish Boat Shop, Charlexoix, Mich.; Tim Grabenbauer, Vero Beach Municipal Marina, Vero Beach, Fla.; Ted Shaw, Savannah Yacht Club, Savannah, Ga.; Dan McKiernan, Saxon Wharf Marina, Southampton, United Kingdom, and Pam…more

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Reinventing the marina

BoatClubsAmerica’s boatyard transformations in Fort Myers and Fort Lauderdale are helping keep the waterfront accessible BoatClubsAmerica is doing its part to counter the condo confiscation of Florida’s waterfront by transforming old, rundown marinas into modern, country club-type boating centers. Like many industry leaders, BoatClubsAmerica believes Florida’s boating-business future is threatened by the statewide trend toward…more

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High fuel prices are giving boaters pause

Some are shortening trips or tying up longer, but few appear to be bailing out altogether With gasoline prices at the dock close to $5 a gallon — even $6 or more in some coastal markets — the debate over whether high fuel prices or fuel availability has a greater negative impact on boating has…more

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