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Article: Land locked: the yachting capital of the world looks for growth opportunities in what industry watchers call a perfect storm that shows no signs of calming.(MARINE INDUSTRY)
- Article from:
- South Florida CEO
- Article date:
- March 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 CEO Publishing Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Broward County's marine industry is growing after a downturn earlier this decade.
Land pressures on waterfront property, increased competition and a deficient maritime workforce all threaten the industry, which has an annual economic impact of $11 billion on Broward's economy, according to the Marine Industries Association of South Florida (MIASF).
"It's not just about the economic impact on the industry. It's also the impact on the boating lifestyle in South Florida we're trying to protect," says Frank F. Herhold, executive director of the MIASF.
Perhaps the most immediate threat the industry faces is the dwindling space for yacht docking, ...