Plans for a new megayacht center, valued at $45 million, was announced last Friday. Rybovich owner Wayne Huizenga, Jr. said that his company plans to develop the new superyacht service center in Riviera Beach, Florida. The company had previously sought to lease land near Riviera Beach public marina, but scuttled those plans in favor of an 11-acre property north of the marina.
The new facility will be designed to handle superyachts up to 400 feet long. Huizenga told the Palm Beach Post that an inlet into the facility will need to be dredged to about twice its current depth. Construction of the new superyacht center could be under way inside a year, depending on how long permitting takes. Huizenga said that the center could create up to 3,400 new jobs including 1,000 on-site jobs, and inject $630 million into the Palm Beach County economy.
Courtesy of www.ibinews.com.