The Real Deal Miami

Rybovich plans $45 million yacht club

March 07, 2011 10:19AM

Rybovich owner Wayne Huizenga Jr. released plans for a $45 million
marina at the Riviera Beach on the site of a repair hub. “We are willing
to make the additional investment to be a good neighbor and a good
partner,” he said of the plan, which centers on 11 acres. The facility
will be able to handle large yachts of up to 400 feet, and will involve
dredging of an inlet along the town’s Peanut Island. The site is half a
mile north of a location Rybovich sought to use for the marina, but
which sparked controversy and lawsuits amid residents’ opposition. [SFBJ]