New Upscale Marina on Historic Ft. George Island
YCOA development to feature rackominiums & dockominiums

Fort Myers, FL, (May 4, 2007) – Yacht Clubs of the Americas (YCOA) is dropping anchor on another luxurious marina development in Florida on historic Ft. George Island. Destined to become North Florida’s newest Millionaire’s Club, the 2.7-acre site, nestled near the mouth of the St. Johns River, will soon feature 150 Dry Rackominiums™ and 35 Wet Dockominiums™ attached to a yacht club with five-star concierge service.

YCOA’s Fort George Harbour, which is slated for completion December 2007, is expected to sell-out quickly as Ft. George Island is known as a playground for the affluent, many of whom own boats. Located 10 miles south of Amelia Island and 16 miles east of Jacksonville, Ft. George Harbour is nestled amongst the most abundant fishing waters of the East Coast.

With waterfront property and boat storage at high-demand with limited commodity, YCOA offers welcomed relief to the more than one million registered boaters in Florida as well as potential investors. In 2005, Duval County ranked ninth for largest number of registered boaters (34,000) in the state with only one dry-stack spot for every 17 registered vessels.

“It is the mission of YCOA to save marinas from developers and condo conversions that take water access away from boaters,” said Steeven Knight, president and founder of YCOA.

Several nearby Jacksonville marinas, including the Julington Creek Marina and Palm Cove Marina, have already fallen prey to developers in search of prime waterfront property. YCOA ownership ensures permanent waterway access as well as membership in a community of active boaters. In addition, YCOA’s unique business model provides slip owners with the right to lease to the public therefore public access to the marina will always be available.

In addition to wholesale food, fuel and beverages, YCOA members enjoy a myriad of modern luxury amenities. With one call to the Ft. George Harbour dock master, owners can have their boat waiting dockside and stocked with the requested meals and drinks prepared specially by the resident chef. When members arrive, dockhands will unload their personal provisions as a valet parks the car. Upon return, a member’s boat engine will be thoroughly flushed before the vessel is safely stored under the supervision of a 24-hour security staff.

Additional yacht club amenities are provided by a five-star concierge staff which adheres to the club’s no tipping policy, including:

In addition, ownership entitles members to reciprocal privileges at any of YCOA’s affiliated locations including Sanibel, New Smyrna, Naples, Key West, Riviera, Tampa, Stuart and Grand Bahamas.

As demand continues to out pace supply, Yacht Club ownership allows for building of equity in a rapidly dwindling resource. According to state-certified general appraisers, wet and dry slips appreciated an average of 35% per year for the past eight years.*

Based in Fort Myers, Florida, YCOA acquires and develops marina properties and converts them into private membership yacht clubs at which members can own slips and storage units for boats. YCOA’s vision is to preserve marinas for the boating community as well as boat dealers and manufacturers.