Sun-Sentinel: -
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Published on: 2/16/2003
Last Visited: 2/16/2003
Mark Pratt, general manager of Lauderdale Marine Center on the New River, has 38 acres that he leases out to boat owners and captains of vessels up to 135 feet in length for maintenance and repairs.His yard is near capacity for most of the high season and he has no room to expand.
"I've got I-95 on the west and Broward Marine to the east," he said."There's really nowhere to go."Even if adjacent property were available, he added, the price would be exorbitant, at around $750,000 to $1 million per acre.
Rearranging space
One of the country's largest yacht dealers and service companies, Fort Lauderdale-based Allied Richard Bertram Marine Group, also is feeling the space squeeze.