Benalmádena Town Hall has formally accepted the conditions and guidelines set by the Andalucía Port Authority for the town’s marina expansion project.
This will allow 6,000 additional square metres of new commercial space and increase from 30 years to 35 years the concession contract for operating the marina. These changes will 'allow the project to be economically viable'" because they will allow a greater return on investment, according to Town Hall spokesman Manuel Crespo.
The commercial zone, limited before to 24,000 square metres, has been upped to 30,000 square metres. It will have shops, restaurants and taverns, but discotheques and nightclubs will not be permitted.
The Town Hall estimates the total cost of the expansion project at 65 million euros, and the Port Authority conditions establish an 874,232-euro annual lease payment for the right to operate the marina. The Town Hall intends to create a public-private partnership to manage the facility, consisting of the Town Hall and the company contracted to operate the marina.
The expansion plan calls for a more than 160,000-square-metre increase in the overall size of the marina, bringing it to a total of 437,865 square metres. The number of existing moorages will be doubled, to 2,200, and the marina will be able to handle boats of up to 100 metres in length. "Our intention is to attract high-end yachts that normally go to Puerto Banús," said Sr Crespo.
Now the Junta de Andalucía must give final sign-off for construction work to be put out to bid. The Town Hall expects to be able to put the project out to bid by March, with construction starting in autumn 2006 with a timeline of three to four years.