News

Riviera Beach Marina Getting $375 Million Remake May 2, 2014

Voters in Riviera Beach have approved a $375 million public-private redevelopment plan for its marina, it was reported in the South Florida Business Journal on March 14. “The Marina redevelopment will bring hundreds and eventually thousands of jobs to local residents, in addition to millions in property tax revenues,” Riviera Beach Community Redevelopment Agency Executive Director Tony Brown said in a news release. “We have one of the most spectacular waterfront locations in all of South Florida, and now we can finally move forward.” The first phase of construction broke ground on April 10.

Viking Development, a division of the Viking Yachts repair yard that makes its home in the city, got permission to negotiate a 50-year lease for the marina, which was previously managed by the city. The developer will cover $336 million of the costs with the rest coming from public funds.

The center of the marine services section of the development, “Marine Way” will be a hub for those visitors coming for diving and fishing excursions. A new “Marina Operations Facility” will provide support space necessary to make the Riviera Beach Marina a first-class docking destination for boaters. Integrated “Marine Industry Workshop Space” offers office space for marine industry businesses. “Marine Retail” storefronts will line 12th Street leading to the water, including a dive shop, boat, fishing and sports retailers. “Pubs and Bars” and other nightlife-oriented concepts will activate the waterfront after dark. A small “Extended-Stay/Apartment Hotel” on the upper level will offer convenient lodging near the water for divers, yacht crews, business visitors and others. For more detail on the project, visit http://www.rbcra.com/marina-place-at-marina-district-south.

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