Brandy Marine, Inc.
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 Unique Marina Amenity Offers
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Depending on the anticipated market for your community, the marina can assume several personalities. It can merely serve as a garage for small cruisers, a club for fishing fanatics, a social center for sailors, or simple be a passive amenity for competitive marketability of your residential product.

But go to school. The cardinal sin most often committed by builders is not knowing enough about who will be their final market. It is absolutely critical that adequate and finite market research be performed in the areas of boat size, demand, rates, services as required by local boaters, and expected absorbency, before such an amenity is planned.

Undoubtedly the most influential impact on marina development in the past 30 years has been the aggressive environmental movement and its impact on public policy with regard to coastal management, storm water run-off and endangered species including the manatee and brown pelican. While marina development has been faced with protracted permit process and costly environmental impact studies, Florida waterways and coastal areas have constantly been improving in water quality, reduced erosion, and experienced a resurgence of wildlife habitats.

For large-scale marina developments, Randy Armstrong of the Jacksonville office of the Phoenix Environmental Group, reports that over 27 agencies are required to permit today's marina. For the small to medium development with a marina of 50 slips or less, the process can be significantly streamlined. Regulatory tightening has, in many areas, made boat slips difficult to come by and thus helped create a key marketing component for your development.

How much will a marina cost? The site of a marina will dictate general estimates. If you require dredging a channel to access a basin from navigable waters, your local engineering company will determine cubic yards of dredging material to be removed and likely spoil or deposit areas in which to dispose of it.

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In the old days, the predominate thinking was marinas and waterways should have hard edges and concrete or sheet-piled bulkheads. Today, it is usually less costly and more environmentally acceptable to use a form of riprap, broken rocks or concrete stacked along the water's edge. This format can be far less costly while providing a habitat for aquatic creatures and to effect boat wake dampening. To access docks from land, a style or bridge links land to waterside piers or slips.

Dock construction can consist of any number of materials. Wood and concrete are the most prevalent. Depending on tidal range, floating docks can be used. While Florida's averages only a foot and a half tide south of Melborne, fixed docks with simple utilities would probably be all that is needed. The cost of slips at small basins typically ranges from $2,5000 to $7,000 per slip, including simple utilities. Adding to this would be necessary dredging, bulkhead treatment, permit and associated fees. In Florida, most new marinas are subject to state bottomland leases, with varied rates based on marina use. Depending on how you position and integrate your marina, upland costs for a clubhouse, swimming pool or storage lockers would be adjunct costs.

The common thread in all marinas is the boat. While national boat sales have slipped since the late 1980's, Florida has actually grown in vessels per capita. Nationally, boating and fishing are ranked among the top five American recreational activities. In the land of sunshine and with the Magna Carta safely behind us, perhaps the trends of yesterday to open public waterways to private use can be the renaissance of your Florida development opportunities tomorrow.


Bruce H. Blomgren is president of Brandy Marine, Inc, a Florida based marina and real estate consulting firm focusing on market research, development and operations of waterfront real estate.



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