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Hot Boating Industry Creates Wave of New Marina Development

By Karen Cantor Posted in - Press on February 15th, 2021

There have been very few industries that have benefited from the COVID 19 pandemic with the exception of real estate and marina development. Long-term, state-wide shutdowns and rising tax burdens have created new migration patterns and have impacted lifestyle trends in the leisure market. Both the vacation home sector and the boating industry are experiencing massive growth, and developers are taking notice of the opportunity incorporating marina development into their community plans. After months of being isolated in their private residences, many retreated from densely populated urban environment to sanctuaries in the mountains, the beaches, and beyond. Boating has emerged as one of the most favorable forms of socially distanced outdoor recreation that individuals can experience with family and close… Read more »