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Fort Pierce yard gets another chance

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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 refit and repair yard for yachts, according to a story in the St. Lucie News Tribune.

There is a 90-day due diligence period, but county officials are prepared to lease the land for $50,000 a month during that time to get the facility started. According to the newspaper, Port Director Stan Payne would oversee the facility.

The sale is contingent upon the findings of two appraisals, an environmental assessment, a land survey and a title insurance commitment, the newspaper reported.

 

For follow up news from the Tribune, click here and here.

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About Lucy Chabot Reed

Lucy Chabot Reed is publisher and founding editor of The Triton.

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One thought on “Fort Pierce yard gets another chance

  1. Phil Jacobson

    Great to see Fort Pierce has an opportunity to make good on creating a local superyacht industry economy, I am sure it will be busier than anticipated.
    There are plans to open up nearby Taylor Creek for vessels to travel inland in order to access countless acres of undeveloped land for ship repair (like marina mile but much more).

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