South Florida Remains a Prime Target for Marina Acquisitions because of Demand for Larger Yachts, as Well as Year-round Boating.
https://www.tradeonlytoday.com/post-type-feature/long-and-winding-road
It took three years and thousands of attorney hours for Suntex to get final approval for the $35 million redevelopment of Las Olas Marina.
Suntex is the primary investor/developer behind the Virginia Key LLC proposal which plans to privatize Marine Stadium Marina on Virginia Key / Key Biscayne Florida. Marine Stadium Marina is a neighborhood marina owned and run by the City of Miami for its residents. It is one of the last remaining affordable marinas to offer marina services to Miami’s middle class, which allows families access to Miami’s beautiful bay and ocean waters.
The Marine Stadium Marina Coalition working to save Marine Stadium Marina from such a takeover in order to preserve existing affordable marina access in Miami.