Updated:
Original:

Rybovich, municipality work on megayacht marina

Riviera Beach, Fla., officials are working with Viking Developers and Rybovich Boat Co. on a scaled-down plan for revamping the city's marina.

The plan would include leasing the south end of the marina to Rybovich for a megayacht service yard, according to an article in The Palm Beach Post.

Negotiations between the boat companies, the city and the city's community redevelopment agency has been ongoing for more than two months, and questions remain about how submerged lands dedicated for public and recreational uses can be converted to make way for the yacht repair yard.

Opponents note that storing big yachts for service on the south side would remove about 40 boat slips for public use. The submerged lands for the marina are to be used for "municipal park and recreational purposes only" according to the state.

Click here for the full report.

Related

Dealers: Has M&A Activity Affected Your Brands?

Examining dealer impacts of marine industry mergers and acquisitions.

Leadership Summit 2021

On September 27th, 2021, Soundings Trade Only hosted a Leadership Summit led by business executive and Chairman of Thinkshift, Dr. Balaji Krishnamurthy.

ABYC, CG Launch Event Series

The first one-day session in the free, online Risk Mitigation Series is scheduled for Nov. 9 and will cover electric propulsion and related topics.

ePropulsion Expands Team

The China-based electric outboard manufacturer added a marketing director for its Hong Kong office and doubled its service staff.

Limestone Responds to Market Conditions

The builder of the Aquasport, Limestone and Boca Bay brands announced increased production, a new director of marketing and potential additions to its dealer network.