Marina and Waterfront Services
Over the course of the past two decades, ATM has assembled a full service marina team with comprehensive experience and expertise in all phases of waterfront development. Our staff has been involved in more than 600 marina and waterfront development projects worldwide. ATM`s team of marina experts helps clients meet the most crucial needs of waterfront development: economics, engineering and operations.
ATM`s integrated marina planning process includes a combination of upland development, marina market evaluations, environmental considerations, marina operations, engineering assessments and financial planning tools. We have experience developing marina concept plans for a variety of clients and have worked side-by-side with the most renowned international resort planners, as well as municipal planners in consensus-building charrettes.
Marina physical planning is a key step in our proven methodology, which also includes environmental impact studies, investment documents and engineering design. The outcome is a market-sensitive design that maximizes return on investment while enhancing access to the waterfront in public facilities and promoting sustainability. By addressing these and other issues, ATM`s experience-driven marina layouts are economically sound, operationally effective, environmentally acceptable and well integrated with other project components.
With 25 years of experience in the marina and waterfront development industry, ATM can provide a third party/independent look at key physical and operational elements to assist marina owners and management with preparing their facility for the forthcoming boating season.
These services build upon ATM’s vast experience with marinas throughout the world and identify ways to improve the facility`s revenue generation potential, reduce unnecessary expenses, and identify cost-effective improvements that may be warranted at the facility to maximize its attractiveness to potential patrons.
Furthermore, ATM’s Comprehensive Marina Audit may include a detailed assessment of historical financial statements, operational procedures, marina market and competitive environments, marina marketing strategies and facility conditions. ATM can also develop financial projections for anticipated future scenarios.
Some marina auditing services include:
- Financial Statements Analysis
- Facility Operations Review
- Marina Market and Competitive Positioning Assessment
- Marketing Strategy Assessment
- Alternative Scenario Financial Projections (Pro Forma)
- Physical Condition Evaluations & Recommendations
- Regulatory Permitting Support
- Security Assessments and Planning
ATM has performed countless due diligence and marina facility inspections to determine life cycle and replacement values for key marine components, evaluated whether proper construction and design procedures were followed, and conducted damage assessments. ATM also provides marina business audits, operation audits, marina market analysis or assessment of environmental liabilities, in order to offer a holistic assessment of a facility. Our staff is experienced with the inspection and evaluation of existing marina structures (boat ramps, piers, docks, utilities, etc.) as well as breakwaters and shoreline stabilization structures such as bulkheads and revetments. Our engineering due diligence also includes technical evaluation of factors that may affect marine structures such as storm surge, current induced scour or wave forces. ATM is keenly aware of ADA access guidelines and compliance issues that affect public facilities.
Our specialized marina due diligence and business audit services have been used as part of comprehensive evaluations for investment, acquisition, lending or optimization of the marina business. ATM has diverse marina experience in supporting both public and private owners with due diligence investigations. Representative clients include:
- Island Global Yachting; Atlantic Marina Holdings, LLC
- Sun Resorts International; The Ginn Company
- North Carolina State Ports Authority
- G.E. Capital Real Estate
- E.D. Holdings, LLC
- Debis Financial
- Realty Financial Partners
For these clients alone, we have assessed the operations, layouts, conditions, user character and pricing structures for more than 45 marinas.
ATM applies a formal approach to marina market assessments, adapted to every marina based on the needs and constraints of each individual project. Our extensive experience with marina projects worldwide gives us the insight to develop valuable positioning analyses and justified demand projections. In addition to standard business yardsticks, ATM has developed tools specifically designed for the evaluation of marinas. These tools facilitate the assessment of market demand, existing facility value and potential future performance.
These results are readily available to define key parameters for marina planning, such as facility size, characteristics and amenities needed to attract boaters. We also use our results as input for financial and economic analysis of the marina. Market position will be used to develop recommendations for rate structures and initial capital investment, while boater trends, cruising circuits and seasonality will drive occupancy and slip absorption.
With over 25 years of experience working on unique and challenging marina and waterfront development projects, ATM has developed a thorough understanding of the marina environment. Our areas of specialization include municipal waterfront revitalization, public and private marina development and redevelopment, and resort development.