Florida county seeks partner for megayacht project - Trade Only Today

Florida county seeks partner for megayacht project

St. Lucie County in Florida said it is seeking a private partner to help develop 20 acres of waterfront land.
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St. Lucie County in Florida said it is seeking a private partner to help develop 20 acres of waterfront land inside the Port of Fort Pierce to be used for megayachts.

The county commissioners recently issued a request for qualifications for the development of the 20 acres of county-owned land inside the 90-acre port complex.

Less than three miles from the mouth of the deep-water Fort Pierce Inlet, the parcel offers unobstructed access to the Intracoastal Waterway and Atlantic Ocean, the county said.

The site is thought by industry experts to be ideal for the development of a maintenance, repair and overhaul facility for megayachts. The county said megayachts have made calls at the port in increasing numbers in recent years.

The fact that the parcel has never been developed also lends the advantage that the new facility can be purpose-built specifically for this activity, creating cost savings and efficiencies, the county said.

The county said its goal is to create a source of economic activity that will generate “high-paying, long-term jobs within the community” through a public-private partnership.

The county and the city of Fort Pierce are finalizing more than $7.3 million worth of improvements to Second Street, leading into the port area. The construction project includes improved drainage, stormwater retention, reconstructed and widened roads, expanded utilities, sidewalks and lighting.

The Port of Fort Piece is one of seven deep-water seaports on Florida’s east coast. The port area is in close proximity to the Treasure Coast International Airport and Business Park, with its expanding U.S. Customs facility and active Foreign Trade Zone.

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