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Amelia new marina project
 

Amelia new marina project

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Proposed marina project on Amelia Island.

Proposed marina project on Amelia Island.

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    Amelia new marina project Amelia new marina project Presentation Transcript

    • A New Marina Development
      on the Intracoastal Waterway
      inside the St. Mary’s entrance
      Amelia Island, Florida
    • Location Amelia Island, FloridaIntracoastal Waterway & Egan’s Creek
    • View north from existing dock
    • View West
    • View South
      Mouth of
      Egan’s Creek
      Dry Stack Building could block view of paper mill
    • Project Description
      • 100 wet slips to 150 feet
      • 150 dry stack storage slips
      • Fuel service for local & transient vessels, pleasure & commercial
      • Boat maintenance & service yard
      • Concurrency for 320 hotel units
      • Zoning & land use for marine-related activities (restaurants, shops, offices, etc.)
    • Aerial View of Site
      Pogey Plant historically used for processing fish
      Owned by Nassau Fertilizer & Oil Company
    • Site Description
      • 11 upland acres
      • Submerged land not owned by the State of Florida
      • 700 feet on Egan’s Creek
      • 1,500 feet on the Amelia River
      • Deep water
      • Never dredged
    • Real Estate Aspects
      Marinas have a good return on investment (ROI of approximately 30%)
      All proposed uses justify an approximate land value of one million dollars per acre
      Wet slips can be built for less than$25,000and have a market value greater than $70,000
    • Competition
      Fernandina City Marina
      1000 foot floating transient dock
      Located within walking distance of downtown Fernandina
      Permanent slips badly shoaled
      Fuel services
      Amelia Island Yacht Basin
      Good dry stack facility
      2000 foot canal between IWW and basin requires frequent dredging
      Wet slips are too small as are fairways
      Fuel services
    • Competition
      Jekyll Island Marina
      Large transient floating dock on IWW
      39 permanent mooring slips
      150 dry stack slips
      Fuel services
      St. Mary’s Marina
      In disrepair and poorly operated
      Florida Petroleum
      Fuel services, fixed dock
      Less than 10 permanent slips
    • Existing Fuel Service Facilities
    • Fuel Services
      Serving the project customer base shouldgenerate 200-250 thousand gallons per year
      Potential transient vessel service is documented using Florida DOT bridge opening data
      Once established as a destination with good marketing and good operations, potential sales could reach one milliongallonsper year
      Ship’s store sales will create additional revenue stream
    • Vision