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After a decade of looking for a buyer, ground-breaking is expected in early 2022 on a US$10m-$12m marina project that is expected to create 300 jobs and hopes to turn the city of Palm Bay, Florida into a waterfront destination.

The City of Palm Bay recently sold the Pelican Harbor Marina for US$1.9m to Space Coast Marinas, which is purchasing two adjacent parcels to expand the facility.

The existing marina wet slips will be renovated and a public boardwalk will line the waterfront. Additionally, a dry dock boat storage and service facility as well as a ship store, tiki bar, outdoor entertainment venue, a restaurant and shops are included in what the city hopes to become Bayfront Village, which will serve as a waterfront center piece for Palm Bay.

“I can’t picture a place within a hundred miles that’s going to be as good as this is. This is going to be a destination,” said Dan Smith who owns Paddling Paradise, which has been renting space for his kayak and paddle board rental operation from the city at the marina on a month-to-month basis for three years.

“We’re going to be able to bring new employees in, the new businesses are going to do great attached to this,” Smith told Spectrum News 13.

Space Coast Marinas is incorporated in the State of Florida, but lists headquarters in Austin, Texas. No other information on the organisation is readily available and attempts by IBI to reach the principles were thus far unsuccessful.

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