As posted on marinadockage.com, written by Mia Overton
F3 Marina will open its second automated dry stack facility in Fort Lauderdale in Spring 2020. In November 2018, Founders 3 (F3), a commercial real estate company based in Milwaukee, Wisconsin, purchased the former SunDance Marine facility located on SE 16th Street for $7 million.
F3 Marina President John Matheson said the location was a primary draw for the company. “We are filling a need for a market that needs a good quality dry stack facility that can handle larger boats. This is the best location for a dry stack facility in South Florida.” F3 Marina also operates The Port Marina on SE 17th Street, which is private and not open to the public. Construction of the new facility will take 12 to 14 months, but Matheson said they are already receiving slip reservations.