Marina operator terminating contract with Florida city - Trade Only Today

Marina operator terminating contract with Florida city

Author:
Updated:
Original:

The company charged with running the Lake Okeechobee Outpost marina in Pahokee, Fla., a newly renovated marina and campground, announced it will shut its doors next month, saying a federal construction project to rehabilitate the dike around Lake Okeechobee, coupled with other issues, left no other option.

Seven Kings Holdings said it is in the process of terminating its contract with the city, and by the end of January it will no longer be operating the marina and its restaurant, cabins and campground, the Palm Beach Post reported.

Raymond Graziotto, Seven Kings’ president and chief operating officer, said construction on the Herbert Hoover Dike has prevented his company from expanding the campground and that low water levels this year have made it difficult for boaters to reach the marina.

“We have been beating our heads out there against the wall really trying to make it a successful place,” Graziotto told the newspaper. “We have been faced with all kinds of things we couldn't anticipate. At this point, we said we just can't continue to fund this.”

The federal construction project is part of a $500 million effort to rehabilitate the dike after a 2006 report found that it was in danger of failing during a storm. Construction in the Pahokee area is scheduled to continue until May 2013, officials with the Army Corps of Engineers said.

Click here for the full article.

Related

Yanmar Brings Diesel Power to Wake Boat Segment

Engine manufacturer offers first fully integrated diesel option in partnership with Nautique.

GOST Unveils Updates Ahead of FLIBS

Marine security leader teases updated interface and more powerful satellite tracking antennas.

Virtual Edition of Metstrade Boat Builder Awards Announced for 2020

The awards will acknowledge challenges and resolve of the marine industry during the pandemic.

Mercury Marine and Beneteau Partnership Goes Global

Beneteau buyers around the world will now have Mercury for a power option.

Quick Hits: October 23, 2020

Brunswick pontoon facility earns award; Kemah Capital enters marine.

Brunswick Corp. Appoints New President

Aine Denari is an automotive industry veteran with vast experience in leading-edge mobility systems.

Menhaden Quotas Reduced

Sportfishing groups applauded the move, saying it will help rebuild the striped bass population.

Winnebago Reports Q4, Fiscal 2020 Results

Revenue grew 18.6 percent for the year to $2.4 billion.