The Triton

Where in the World

Fort Pierce rejects marina plans

ADVERTISEMENT

By Dorie Cox

Plans for Ft. Pierce Megayacht Center were rejected by Fort Pierce county commissioners in early April. Partners for the proposed project were reported to have indicated the yard would work on government and commercial vessels instead of the previously stated megayachts.

A report in the Treasure Coast Newspapers stated that yachting industry veteran Buddy Haack withdrew from the project and that the company owner Richard Ochsner wrote that the new focus would yield more returns.

“Our business model shows revenue projections from the government-commercial operations at least initially far exceeds mega-yacht operations due to lower startup cost and the fact that it is not seasonal revenue,” Ochsner wrote in an email to Deputy County Administrator Mark Satterlee. “The mega-yacht operations can start at the same time but will require a significantly larger investment of time and money to begin to generate revenue. This would be done by utilizing revenues and profits from the government-commercial operation to offset some of that time and money.”

The city has pushed for development of the 20 acres of waterfront land on Harbour Pointe Park, located on the north side of the Port of Fort Pierce, to bring jobs to the area and fill a need for such a facility in the area.

Related Posts...
County commissioners in St. Lucie County voted yesterday to buy Read more...
By Dorie Cox Shawn Schmoll has been promoted to a Read more...
OneOcean Port Vell, a yacht marina in Barcelona, has been Read more...
UPDATE: Mon., Sept. 18 Barbuda’s ambassador to the United States, Read more...
UPDATED Thursday, 11:15 a.m. By Dorie Cox South Florida escaped Read more...

Share This Post

About Dorie Cox

Dorie Cox is editor of The Triton.

View all posts by Dorie Cox →

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Your email address will not be published.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

Fort Pierce yard gets another chance

Fort Pierce yard gets another chance

County commissioners in St. Lucie County voted yesterday to buy 12 acres of land in the Port of Fort Pierce for $25 million and operate a …

Hurricane Maria impacts Caribbean as a major storm

Hurricane Maria impacts Caribbean as a major storm

UPDATE: Wed., Sept. 20 Click for Hurricane Maria update for Sept. 20 from Organisation of Eastern Caribbean States (OECS)'s …

Competition, workshops for interior crew at Monaco

Competition, workshops for interior crew at Monaco

Stews, don't miss the chance to strut your stuff at the Monaco Yacht Show this year. G.U.E.S.T. (Guidelines for Unified Excellence in …

Windowless cars, damaged boats, rare flights aid Tortola escape after Hurricane Irma

Windowless cars, damaged boats, rare flights aid Tortola escape after Hurricane Irma

By Dorie Cox The first frightening trip was out the door of the hotel bathroom. Four charter boat guests stood up from the floor of …