Updated:
Original:

Rybovich shifts megyacht plan to private land

Rybovich owner Wayne Huizenga Jr. last week unveiled plans to build a $45 million megayacht service center on 11 acres about a half-mile north of the Riviera Beach public marina where it had previously sought to lease land from the city.

The use of about one-third of the public marina for a private megayacht center sparked a wave of public backlash and lawsuits, the South Florida Business Journal reported.

The new facility will be designed to handle superyachts up to 400 feet long that now are being serviced in Europe. But to do that on the existing Rybovich site will require dredging of an inlet cut along Peanut Island to about twice its current depth.

How that will be funded has yet to be hammered out, Huizenga said.

Work on the new superyacht center could begin within a year, he said. Construction will take an additional year, the newspaper reported.

The center is expected to create 3,400 new jobs and inject $630 million into the Palm Beach County economy.

Click here for the full article.

Related

IBEX Opens Tomorrow

The three-day trade show celebrates its 30th anniversary and return to the Tampa Convention Center in Florida after last year’s virtual event.

Ritchie Navigation Sees Year of Record Growth

The 161-year-old Pembroke, Mass.-based compass manufacturer added a sixth workday to keep up with demand.

‘A Phenomenal Success’

The Southampton International Boat Show had more than 88,000 visitors during its 10-day run, after last year’s cancellation.

TopSide Marinas Makes First Two Acquisitions

Founded in January 2020, the firm has thus far acquired Beavers Bend Marina in Oklahoma and Galveston Yacht Basin in Texas.

Two Boosts for Boating and Fishing

MBIA’s Metro Boat show show draws a crowd, and the U.S. Fish and Wildlife Service expands boating and fishing opportunities.

Norwalk Boat Show Held This Weekend

The NMMA show runs through Sunday at Norwalk Cove Marina in Norwalk, Conn.

Raritan Expands Team

Patrick McNeel joins the New Jersey-based manufacturer as a marine equipment product developer.

Industry Mourns Walter “Bing” Burns O’Meara

The longtime publisher of Lakeland Boating magazine has died at 81.