amelia new marina project
DESCRIPTION
Proposed marina project on Amelia Island.TRANSCRIPT
on the Intracoastal Waterwayinside the St. Mary’s entrance
Amelia Island, Florida
A New Marina Development
Location Amelia Island, Florida
Intracoastal Waterway & Egan’s Creek
View north from existing dock
View West
View SouthMouth 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 SitePogey Plant historically used for processing
fishOwned 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 $25,000 and have a market value greater than $70,000
Competition
Fernandina City Marina1000 foot floating
transient dockLocated within
walking distance of downtown Fernandina
Permanent slips badly shoaled
Fuel services
Amelia Island Yacht BasinGood dry stack
facility2000 foot canal
between IWW and basin requires frequent dredging
Wet slips are too small as are fairways
Fuel services
CompetitionJekyll Island
MarinaLarge transient
floating dock on IWW
39 permanent mooring slips
150 dry stack slipsFuel 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 ServicesServing the project customer base should
generate 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 million gallons per year
Ship’s store sales will create additional revenue stream
Vision