The Palm Beach Harbor Marina has told local media that it plans to expand its facilities to facilitate superyachts. The marina said the project would add 1,000 feet of dockage that could accommodate six yachts of 160 feet (50m) or longer.
“Yachts are getting bigger and bigger. There is demand for docks for yachts 120ft-plus,” said Cheryl Chase, executive vice president and principal of Leisure Resorts, the Chase family company developing the project, told the Sun-Sentinel.
Leisure Resorts said it plans to continue to modernise the marina. According to the paper, it has invested about US$20m to create a modern 200-slip superyacht marina that it opened five years ago. The improvements also included an updated yacht club.
The city of West Palm Beach gains 8% of the marina’s revenues. City spokesman Elliott Cohen told the paper that the expansion would also increase the city’s income. “The more capacity that Palm Harbor has for superyachts, the more their revenue goes up,” Cohen said. He added that the city plans to consolidate some of its own docks to make room for the superyacht extension.
Palm Harbor Hotel also has plans for a hotel on an adjacent 2.2-acre site. The company, which is an affiliate of Leisure Resorts, wants to develop a 108-room hotel on the site. The site is now a parking lot. The paper reported that the project has been held up because of a dispute over the proposed 23m (75ft) height.