The owner of a boat storage facility in Dania Beach plans to replace the property’s marina with two spec warehouses.
Banyan Bay Marine Center won site plan approval Tuesday for the development of two warehouses with a total of about 170,000 square feet, in place of the marina.
“The site hasn’t gone out to market yet to potential tenants,” Tracy Slavens, an attorney for the property owner told the Dania Beach City Commission at its meeting. “But we expect there will be interest from businesses that are involved in the marine industry, businesses that use the airport and the seaport as points of operation.”
The Dania Beach City Commission approved a site plan for the warehouse development and amended the plat for the Banyan Bay Marine Center, an 11.7-acre boat storage facility at 4491 Ravenswood Road, also known as Anglers Avenue.
The amended plat restricts the use of the property to 175,000 square feet of industrial or warehouse use. The Broward County Commission originally approved the plat in 1989 to restrict the uses of the property to 487 wet or dry marina berths and 20,500 square feet of ancillary commercial use.
The Dania Beach City Commission conditioned its approval of the site plan to redevelop the Banyan Bay Marine Center on related approvals by the Florida Department of Environmental Protection and the South Florida Water Management District, among other regulators.
“The design plan is to fill in the basin of the marina. It will take about $6 million worth of work to do that,” Slavens told city commissioners Tuesday. “It’s a large endeavor, but it’s absolutely feasible.”
The owner of the Banyan Bay Marine Center has held the property for nearly 20 years. A Fort Lauderdale-based company called Banyan Bay Marine Center LLC acquired the property in the summer of 2005 for $8 million, according to Broward County property records. State records show that John T. Loos, John T. Loos III, and Amy Loos Mergler are authorized members of the company.
The Loos family is working on the marina redevelopment with Miami-based Constellation Operating Company LLC, listed in city documents as the applicant for approval of the warehouse site plan. The warehouses are designed with a combined total of 169,286 square feet of space and positioned on the east side of the site, away from residential areas west of the site.
Constellation Operating Company LLC is part of Constellation Real Estate partners, an industrial property development firm led by co-founders and managing partners Jeremy Giles and Hien Le, according to Marine Industry News. The firm’s website shows it has offices in Dallas, Houston, Atlanta, Denver and Coral Gables.