Miami Condo Market and Lifestyle Updates
Construction Moving Once Again for the Only Super-Yacht Marina

Construction Moving Once Again for the Only Super-Yacht Marina

by Sep Niakan | April 30, 2015

Construction on the Island Gardens super-yacht marina on Watson Island is moving forward, even though there were a few lawsuits that slowed the project down.

Technomarine USA, a construction company that specializes in marina creation, stated that it was given a $12 million contract to cosntruct the marina. The construction cost will be approximately $25 million.

Supporters of the project believe that it is a great idea, since it would be the only super-yacht marina in North America, as well as a large enough marina to hold the megayachts that many people bring to the harbor, possibly even the largest yacht in the world.

Many people hope for the new marina to be the venue for the Miami Boat shows next year, possibly hosting the Super-Yacht Miami show.

Island Gardens will also have a hotel and residential project attached to it, but they have not begun construction for that part as of yet.

Opponents of the Island Gardens Project have filed multiple lawsuits against the developers, one of which challenged the starting date of the construction, which was required under the lease with the city of Miami. The developer, Flagstone Island Gardens, is leasing the property from the city for the marina project.

 

Source: thenextmiami.com

Photo credit: Renderings - thenextmiami.com

Recent posts

Real Estate News

Miami’s New and Pre-Construction Condo Update: August 2017

by Sep Niakan | September 17, 2017

August comes up with quite some movement for the preconstruction condo market in Miami. We have Aston Martin Residences gearing up for a fall groundbreaking, Canvas and The Harbour successfully topped off, 1010 Brickell got its ok to open and...

Opinions and Advice

Back to school

by Sep Niakan | August 29, 2017

Septembers can be a sobering time for most as we say goodbye to summertime frolic. Kids are either back to school or are gearing up for it. Parents are busy running around, trying to get everything and every kid organized. It’s back to the...

Opinions and Advice

4 Property Tax Savings and Benefits when Buying Property in Florida

by Sep Niakan | August 29, 2017

For most people, paying taxes equals one big headache. In Florida, knowing your tax laws is worth the pain. Being a Florida resident, you can gain from many tax-saving programs. You can also find affordable real estate in big cities like Miami....

Lifestyle

September Events to Spice Things Up In Miami!

by Sep Niakan | August 27, 2017

Summer may be on its way out, but that doesn’t mean things have to fizzle down. There’s a whole bunch of stuff to do this month, especially around Labor Day weekend. Scroll through our top picks and plan a fun September in...