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March April 2020 Marina World

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GLOBAL REVIEW<br />

its majority stake in the Loggerhead<br />

<strong>Marina</strong> portfolio to its joint venture<br />

partner Equity Lifestyle Properites.<br />

• Florida, USA: In its first acquisition<br />

in Florida, Texas-based VIP <strong>Marina</strong>s<br />

purchased Anclote Village <strong>Marina</strong> in<br />

the Tampa Bay area city of Holiday.<br />

The marina features 25 wet slips,<br />

drystack for 195 vessels and a fuel<br />

dock.<br />

• Maryland, USA: Safe Harbor <strong>Marina</strong>s<br />

purchased Chesapeake Yachting<br />

Center (CYC) in Baltimore – a 1,000<br />

acre (405 ha) mixed-use property<br />

venture under construction. It sits<br />

on 12.8 acres (5.1 ha) and has 184<br />

wet slips, a drystack for 186 boats,<br />

90 sailboat cradles and a mix of<br />

amenities.<br />

• Panama: The new marina project of<br />

Buenaventura, 50 miles outside of<br />

Panama City on the Pacific Coast,<br />

was set to open in November. Part<br />

of a major upmarket residential<br />

development, the marina has 60 wet<br />

slips, drystack for 100 boats, a fuel<br />

dock, boat club, repair services and<br />

charter services.<br />

• Uruguay: An investment of US$17<br />

million was announced to regenerate<br />

the disused tourist port facilities<br />

of Punta Carretas in Montevideo.<br />

Tenders were launched for the<br />

construction of the marina, which<br />

could have capacity for 35 to 60 boats.<br />

It is anticipated that work will finish in<br />

2022.<br />

• Grenada: Port Louis <strong>Marina</strong> expanded<br />

from 160 to 250 berths. The marina<br />

is a key superyacht and cruising hub<br />

in the southern Caribbean, set in a<br />

natural lagoon on the leeward side of<br />

Grenada below the hurricane belt.<br />

• BVI: Phase one of the inner marina<br />

was completed at Nanny Cay, Tortola<br />

in February 2019 and work on an<br />

additional four docks continued<br />

throughout the year. The new outer<br />

marina was completed with 100<br />

berths ahead of the Spring Regatta.<br />

Walcon Marine undertook all dock<br />

replacement work, essential due<br />

to extensive damage caused by<br />

Hurricane Irma.<br />

Asia<br />

• Hong Kong: Discovery Bay <strong>Marina</strong><br />

Club is to be completely redeveloped<br />

and rebranded as Lantau Yacht Club<br />

(LYC). The marina is designed to meet<br />

the needs of the growing yachting<br />

F3 <strong>Marina</strong> Fort Lauderdale, being built on<br />

the SunDance Marine site, will introduce<br />

a new level of drystack technology and<br />

hospitality.<br />

community and the increasing number<br />

of superyachts. The marina closed in<br />

early 2019 for a major renovation and<br />

is scheduled to reopen in the second<br />

half of <strong>2020</strong>. LYC marina will boast<br />

berths up to 100m (328ft), which is<br />

unprecedented in Hong Kong.<br />

• Indonesia: A $1 billion waterfront<br />

resort is planned for Ancol in north<br />

Jakarta. The project will comprise<br />

architect-designed vertical mixeduse<br />

residences inspired by natural<br />

elements, a marina, beach club and<br />

restaurant precinct.<br />

• Vietnam: Ana <strong>Marina</strong> in Nha Trang<br />

is scheduled to open in the first<br />

quarter this year as the country’s first<br />

full service marina and yacht club.<br />

Ultimately planned to offer sheltered<br />

berthing for up to 220 vessels, it will<br />

be able to accommodate vessels up<br />

to 40m (131ft) in length. Some extra<br />

wide berths for catamarans are in<br />

the mix. Future phases will include<br />

a superyacht dock for six yachts up<br />

to 70m (131ft) in length and also<br />

includes a potential 100m (328ft)<br />

berth in addition to a mix of berths for<br />

boats of 10-20m (33-66ft).<br />

• Taiwan: Argo Yacht Club in Tainan<br />

began developing a new marina as<br />

the centre piece of a comprehensive<br />

development project. The first<br />

stage of the 200-berth facility will<br />

Due to reopen later this year, Lantau<br />

Yacht Club – the renamed and rebranded<br />

Discovery Bay <strong>Marina</strong> Club – will offer the<br />

largest berths in Hong Kong.<br />

www.marinaworld.com - <strong>March</strong>/<strong>April</strong> <strong>2020</strong> 21

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