Windward Marina Group upgrades its Florida marinas
A year after purchasing Beach Marine in Jacksonville, Florida, the Windward Marine Group has embarked on a major facelift to improve the marina’s docks, increase storage efficiency, upgrade lighting and renovate customer service areas, seawalls and the concrete paving.
Beach Marine currently has about 300 dry storage slips and another 177 wet slips. The renovations are needed to restore slips lost in a hurricane a few years ago and to provide the amenities that the community is looking for, said Paulina Johansson, project manager for Windward Marine Group.
Windward Marina Group acquires Florida facility
Windward Marina Group of St. Augustine, Fla., said it purchased Beach Marine in Jacksonville, Fla., for $25 million. The sale closed Jan. 17.
The property includes more than 140 acres, with 350 wet slips, storage, a bait shop, sales and service, and the Mavi Waterfront Bar & Grill. It has been family-owned and operated for more than 30 years.
The Jax Daily Record said Windward Marina Group hasn’t announced its plans for the marina, other than saying it would expand the “Windward Lifestyle” to Jacksonville Beach and will “provide desirable
Thomas D. Wood & Company | $34.5 million acquisition loan | two NE Florida marinas
The Miami office of Thomas D. Wood and Company is pleased to announce $34,500,000 in mortgage loan financings for Windward Marina Group for two marinas in the Northeast Florida market.
Thomas D Wood Jr., President, secured financing in the amount of $9,500,000 for the acquisition of Amelia Island Yacht Marina. The marina is located at 251 Creekside Drive in Fernandina Beach, Florida, approximately 4.5 miles south of the inlet. It is a mixed use, full service marina with 57 acres of developable land. The marina can accommodate up to 325 vessels and offers a waterfront restaurant. Plans are to construct a new service center building and dredge the channel leading up to the marina. Financing was provided by South State Bank.
