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on the Intracoastal Waterway inside the St. Mary’s entrance Amelia Island, Florida A New Marina Development

Amelia new marina project

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Proposed marina project on Amelia Island.

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Page 1: Amelia new marina project

on the Intracoastal Waterwayinside the St. Mary’s entrance

Amelia Island, Florida

A New Marina Development

Page 2: Amelia new marina project

Location Amelia Island, Florida

Intracoastal Waterway & Egan’s Creek

Page 3: Amelia new marina project

View north from existing dock

Page 4: Amelia new marina project

View West

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View SouthMouth of

Egan’s Creek

Dry Stack Building could block view of

paper mill

Page 6: Amelia new marina project
Page 7: Amelia new marina project

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.)

Page 8: Amelia new marina project

Aerial View of SitePogey Plant historically used for processing

fishOwned by Nassau Fertilizer & Oil Company

Page 9: Amelia new marina project

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

Page 10: Amelia new marina project

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

Page 11: Amelia new marina project

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

Page 12: Amelia new marina project

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

Page 13: Amelia new marina project

Existing Fuel Service Facilities

Page 14: Amelia new marina project

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

Page 15: Amelia new marina project

Vision