Lake Michigan’s first all-transient marina, says NPM Venture LLC, will charge by the hour, day, or week.
17-Feb-20 – A new all-transient, public marina that will be built on the north side of Navy Pier will have an $11 million per year economic impact on Chicago, according to the project developer.
NPM Venture LLC says the money will come from taxes boat owners will pay to moor at the marina, along with other taxes generated by increased boating activity.
The privately-funded marina will accommodate boats up to 130 feet in length, offering amenities such as a lounge, store, and Wi-Fi, but not fuel. Boaters can pay by the hour, day, or week.
It will be Lake Michigan’s first dedicated all-transient marina, says Podolsky, attracting boaters from Michigan, Wisconsin, and Indiana. He says construction will begin this fall and be completed in time for the 2021 boating season.