The Triton

Where in the World

City rejects Las Olas bids

ADVERTISEMENT

City commissioners rejected in June two bids submitted for the redevelopment of Ft. Lauderdale’s Las Olas Marina.

Both IGY Marinas and Suntex Marina Investors submitted multimillion-dollar bids to revive and upgrade the marina, but commissioners were unclear on several factors of the proposals, especially when rent payments would begin and how they would be determined.

Because the bid documents were unclear, commissioners asked both companies to help clarify the guidelines, and then resubmit their bids. Meetings are planned for this summer.

The marina is on the east bank of the Intracoastal Waterway just north of Las Olas Boulevard.

 

Related Posts...
By Dorie Cox Thomas P. Glass retired from Roscioli Yachting Read more...
Atlantic Marina Holdings LLC, based in Charleston, South Carolina, has Read more...
IGY Marinas has opened a newly built fuel dock serving Read more...
Sovren Ibiza Marina, which opened in June, has 16 berths Read more...
Lauderdale Marine Center in Fort Lauderdale is scheduled to begin Read more...

Share This Post

Leave a comment

Your email address will not be published. Required fields are marked *

Please answer the question below to leave a comment. * Time limit is exhausted. Please reload CAPTCHA.

Editor’s Picks

Yacht safety protocols aim to prevent accidental diver death

Yacht safety protocols aim to prevent accidental diver death

By Dorie Cox A scuba diver was killed by a yacht propeller the morning of June 27 at Old Port Cove Marina in North Palm Beach, Florida. …

Latest news in the brokerage fleet: Deja Too, Aphrodite A sell; Seven Sins, Beija Flor listed for sale

Latest news in the brokerage fleet: Deja Too, Aphrodite A sell; Seven Sins, Beija Flor listed for sale

Yachts sold M/Y Deja Too, a 170-foot (52m) Amels launched in 2003, sold by Fraser brokers Andrew Bond and Georges Bourgoignie. Asking …

Crew’s gym time together is an exercise in team building

Crew’s gym time together is an exercise in team building

By Dorie Cox Capt. Sally-Ann Konigkramer gave the crew of M/Y Sofia, a 137-foot Moonen, the day off recently. Instead of resting or …

M/Y Natita seized

M/Y Natita seized

M/Y Natita, a 217-foot (66m) Oceanco launched in Germany in 2005, has been seized by Goldman Sachs Group after the owner, Texas oil mogul …