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September October 2019 Marina World

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WORLD NEWS CGI shows the redeveloped and re-branded Lantau Yacht Club. Re-discovering ‘Discovery Bay’ HONG KONG: Hong Kong Resort Company is set to completely redevelop Discovery Bay Marina Club and re-brand it as Lantau Yacht Club (LYC). Victor Cha, deputy chairman and managing director of HKR International – a shareholder of the developer and operator – points to Hong Kong as one of the biggest boating centres in Asia, with perfect cruising opportunities and a dynamic east-meets-west culture. His company believes the maritime economy in Hong Kong has vast development potential, which in turn contributes to tourism and the local economy as a whole. “The marina at Lantau Yacht Club is designed to meet the needs of the growing yachting community and the increasing number of superyachts - a first in Hong Kong. Our world-class marina aims to offer the ideal berthing space for local yacht owners and will attract luxury and superyachts from around the world…making our city a preferred yachting destination in the region,” he says. The previous marina closed in early 2019 for a major renovation, which is now underway. It is scheduled to reopen in the second half of 2020. The clubhouse will also be refurbished to provide top facilities and amenities. LYC marina will boast berths up to 100m (328ft), which is unprecedented in Hong Kong. Rudy Puystjens CMM – previously marina manager at One°15 Marina Club of Sentosa, Singapore – has been appointed as the new marina director and will oversee the renovation scheme and day-to-day operations. Safe Harbor buys CYC USA: Safe Harbor Marinas has purchased Chesapeake Yachting Center (CYC) in Baltimore, Maryland (below) from a local private investor. The sale was brokered by Colliers International. The property, which will be renamed Safe Harbor Carroll Island, is located less than three miles (4.8km) from Baltimore Crossroads, a 1,000-acre (405-ha) mixed-use property venture currently under construction. This transformation of the local area combined with the fact that Chesapeake Bay is a popular boating location helped to make the marina an even more attractive purchasing option. Chesapeake Yachting Center sits on 12.8 acres (5 ha) and has 184 wet slips, a drystack for 186 boats, 90 sail boat cradles and a mix of amenities. It is currently at 90% capacity. Andrew Cantor of Colliers confirmed that plans are already in place to add commercial space including new service buildings. - September/October 2019 9

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