MIAMI 2015: Superyacht marina takes shape for 2016 - Trade Only Today

MIAMI 2015: Superyacht marina takes shape for 2016

Author:
Publish date:
island0217

MIAMI — Among the events at last week’s Miami boat shows was a gathering hosted by Show Management and the Florida Yacht Brokers Association on nearby Watson Island, where a superyacht marina is taking shape that will increase the footprint of the Yacht & Brokerage Show in Miami Beach next year.

The marina portion of Island Gardens Deep Harbour is expected to be completed in October, with complementary hotels and condominiums to follow, leading to an October 2017 grand opening of the luxury yachting resort.

The result will be Super-Yacht Miami, a new complement to the brokerage show. The deep-water facility will enable the exhibition of superyachts even larger than those that Show Management exhibits at its Fort Lauderdale International Boat Show.

“We’ll be able to accommodate practically any size yacht — the largest in the world — at the venue,” Show Management senior vice president and COO Andrew Doole told Trade Only Today.

Doole was part of a contingent that attended a gathering at the site Friday evening to see the scope of the project, which was detailed with renderings and a scale model. Members of the Florida Yacht Brokers Association, International SeaKeepers Society and the Marine Industries Association of South Florida attended the event.

The development project on the 10.7-acre island (with 13.4 acres of submerged land) will feature the only marina in North America exclusively designed for superyachts with 5,000 linear feet of dockage accommodating yachts as large as 550 feet in 18-foot average depths and up to 25 feet for outer slips.

Two luxury residential towers containing 170 residences and 360-degree views of Biscayne Bay, the Atlantic Ocean and the Miami skyline will be the centerpiece of the development.

“This is something we started working on with the developer (Flagstone Development) several years ago, and it’s finally coming to fruition,” Doole said. “We’re looking forward to it becoming a part of the show for years to come.”

Three yachts, ranging from 120 to 180 feet, were exhibited this year. Doole said show producers expect at least 20 yachts to be on display for the 2016 show.

Show Management is owned by Active Interest Media, which also owns Soundings Trade Only.

Related

E-nnovation Lab to expand at 2018 Metstrade show

The growing demand for hybrid and electric engines is becoming more apparent within the leisure marine market, prompting Metstrade to introduce the E-nnovation Lab platform for electric propulsion technology.

Aluminum, tow boats lead moderate growth in May

Boat registrations were up 2.1 percent in May in the main powerboat categories, and rose 3.2 percent in all categories, according to preliminary data from Statistical Surveys Inc., a Michigan company that tracks new boat registrations.

Retaliatory tariffs on boats to EU start today

The 25 percent tariff the EU announced Wednesday on U.S.-built boats kicks in today, and a 10 percent tariff on boats sold to Canada will start July 1, prompting boatbuilders to worry they will lose sales to those countries.