Amelia new marina project
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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 Presentation Transcript

  • 1. A New Marina Development
    on the Intracoastal Waterway
    inside the St. Mary’s entrance
    Amelia Island, Florida
  • 2. Location Amelia Island, FloridaIntracoastal Waterway & Egan’s Creek
  • 3. View north from existing dock
  • 4. View West
  • 5. View South
    Mouth of
    Egan’s Creek
    Dry Stack Building could block view of paper mill
  • 6.
  • 7. Project Description
    • 100 wet slips to 150 feet
    • 8. 150 dry stack storage slips
    • 9. Fuel service for local & transient vessels, pleasure & commercial
    • 10. Boat maintenance & service yard
    • 11. Concurrency for 320 hotel units
    • 12. 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
  • 13. Site Description
    • 11 upland acres
    • 14. Submerged land not owned by the State of Florida
    • 15. 700 feet on Egan’s Creek
    • 16. 1,500 feet on the Amelia River
    • 17. Deep water
    • 18. 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
  • 19. 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
  • 20. 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
  • 21. Existing Fuel Service Facilities
  • 22. 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
  • 23. Vision