The owners of a marina in Richmond, California were challenged by an outdated, underutilized dock. They found themselves frequently turning away big boats. Their solution, reconfigure the dock they had to maximize slip revenue and create new revenue streams.
Bellingham Marine recently completed a renovation project for Marina Bay Yacht Harbor, in northern California. Although the marina’s challenges are not uncommon, their approach for overcoming them is somewhat unique.
G-dock at Marina Bay had a number of problems. But the most frustrating for the marina was the high vacancy rates of the dock’s small slips. At the same time, the marina was turning away larger boats looking for moorage.
For any marina suffering from an outdated, underutilized dock, weak revenue streams, and /or are in a market where there is a shortage of slips for large yachts, Marina Bay offers a good example of a non-traditional solution.
Like most marinas, Marina Bay’s budget could not handle a major improvement project. But they did have some funds available that could be used for a small renovation.
If you have an aging marina, and a complete replacement is not feasible there are a number of things you can do to update and beautify your property without taking on a comprehensive rebuild.
Lido Yacht Anchorage, located in Newport Beach, Calif. had originally planned to replace the marina’s aging timber docks with a modern concrete floating dock system and upgrade their utilities. However, a comprehensive renovation would require dredge work and replacement of the marina’s seawall as well as an upgrade in the marina’s shore power. After further evaluation, this option was determined not practical for the marina at the time.
So, rather than take on a comprehensive renovation project, the owners decided to focus on repairing and beautifying the marina they had. This decision not only increased the service life of the marina’s docks but gave the tenants and property owners a facility they were proud to show off.