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The Yacht Club at Palmas del Mar – Megayacht Marina Opens

On September 26, The Yacht Club at Palmas del Mar inaugurated what developers say is the first megayacht resort marina in Puerto Rico, at a reported investment of $40 million.  About 35 boats ranging in size from 40 to 120 feet in length were on hand for the inaugural weekend.  The 162 slip marina, located at the outer harbor at Palmas del Mar, Humacao, on the southeast coast of Puerto Rico  can accommodate mega yachts up to 200 feet long.

Puerto Rico’s Director of Tourism and Assistant Governor were in attendance at a press conference with the President of Palmas Del Mar, Inc., Jamie Morgan, and The Yacht Club’s Luis Muñiz and Juan Boschetti.  All spoke about the importance of nautical tourism and the economic impact for the local economy.  Additional opening events included a media cruise on a private yacht to nearby Vieques and a party on Saturday night under the pavilion and tents on the club house grounds. 

“The Yacht Club at Palmas del Mar opens Puerto Rico to a new kind of tourism that will generate new opportunities and jobs,” said Muñiz, President of PDMYC INC., developers and owners of The Yacht Club.  “It also requires that we develop new skills, talents and amenities in a type of tourism that has gone largely untapped but that can generate many new economic opportunities.”

In a press release, the developers reported that the construction of the marina created 250 jobs and its operation will generate 150 jobs.  The Yacht Club will be managed by Marina Management Services, Inc. (MMS), an international management and consulting firm based in Boca Ratón, Florida that has operated marinas for over 20 years.  Tim Keogh, Director of Business Services – Regional Manager, will be in charge of jumpstarting the operation. 

“Several boats are staying full time in the marina which has all the utilities, including power, water, and in-slip pumpout,” reported Keogh.  “We are expecting to have cable TV, internet, the fuel dock and in-slip fueling by the end of middle of November.  The club house building which will house the restaurant, bar, a lounge, and boutique retail will be completed by January.

“It’s an exciting opportunity to open up the southeast coast of Puerto Rico to the cruising, charter, and transient yacht market,” Keogh said.  www.palmasdelmar.com.

Preview submitted by The Yacht Club at Palmas del Mar

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