Plans for a Coral Bay marina have been announced in a news release issued from the Boca Raton, Fla. Office of T-Rex Capital. The real estate developer said it had acquired 10 acres in Coral Bay in addition to the land it has already secured via a 99-year-lease from the Moravian Church.
T-Rex said “the development will be located on two separate lots of
land – on the waterfront itself and on a dramatic hillside.” The
project is in its design stage, but preliminary plans include a
“state-of-the-art full-service spa, a five-star restaurant, as well as
community and marina-based retail space.” More information about T-Rex
is available at here. Another marina is planned in Coral Bay, on land adjacent to Island Blues.