Canadian firm acquires Florida marina

Publish date:

Palm Holdings, a private equity firm based in Toronto, Ontario, said it acquired the marina that is part of the EB’s Restaurant and Marina complex in Naples, Fla. The restaurant was shuttered, but Palm Holdings general manager Priscilla Dias told there are plans to redevelop the complex.

“Guests ask us about the marina every day,” Dias said. “We’re thrilled to acquire this waterfront property and excited about the chance to further enhance our guests’ experience while they enjoy Naples.”

Dias said the company is considering building a 150-room hotel on the 5-acre property, though there is no timeline. “We love Naples,” Dias said. “We look forward to revitalizing this land in a key part of our downtown and making it into something that adds to our community.”