The Yacht Club at Palmas del Mar: Puerto Rico’s and Caribbean’s First Resort Mega Yacht Marina Opens

The Yacht Club at Palmas del Mar, another multi-million dollar investment at Palmas del Mar, inaugurated the first mega yacht resort marina in Puerto Rico and in the Caribbean today.

The 162 slip luxury marina can accommodate mega yachts up to 200 feet long and provide them with resort hospitality and amenities no other marina in Puerto Rico can provide. The Yacht Club will offers its members a restaurant, bar and grill, private members lounge, pool, convenience store and deli, a marina and resort wear shop as well as concierge services for its guests. The wet slips are already open to guests and the Club facilities and fuel dock are projected to be completed by January 2009.

“The Yacht Club at Palmas del Mar opens Puerto Rico to a new kind of tourism that will generate new opportunities and jobs,” said Luis F. Muñiz, President of PDMYC INC., developers and owners of The Yacht Club. “It also requires that we develop new skills, talents and amenities in a type of tourism that has gone largely untapped but that can generate many new economic opportunities.”

“The Yacht Club at Palmas del Mar is another strategic project for Palmas del Mar Properties that contributes to position Palmas del Mar in a new luxury category that is in line with the new hotel investments like Mandarin Oriental, that recently was announced”, said Jaime Morgan Stubbe, ESQ., President of Palmas del Mar Properties Inc., master developer of Palmas del Mar and partner of this project.

“These novel installations will surely attract a new marine product to the Island, and a high class market, that will have a multiplying effect on the different economic sectors of the country” stated Terestella González Denton, Executive Director of the Puerto Rico Tourism Company. “The construction of these facilities in our Eastern-Central Region is another one of our goal that became a reality: turning Puerto Rico into the main port of Entrance for Mega Yachts in the Caribbean, one of the fastest growing markets within the maritime sector at the level of the Americas”, pointed González Denton.

The construction of the marina created 250 jobs and its operation will generate 150 jobs. The Yacht Club will be managed by Marina Management Services, Inc. (MMS), a renowned international management and consulting firm based in Boca Ratón, Florida. MMS has operated marinas for over 20 years and continues to be one of the highest ranked marina facilities in the Caribbean Basin. Tim Keogh, Director of Business Services – Regional Manager, will be in charge of jumpstarting the operation.

Keogh has been recognized by the Boating Industry Magazine as one of the “Top 40 under 40” leaders in the marine industry. “It’s an exciting opportunity to open up the southeast coast of Puerto Rico to the cruising, charter, and transient yacht market,” said Keogh. “We look forward to delivering similar levels of customer service that have distinguished ourselves, members and guests of The Yacht Club at Palmas del Mar.”

The Yacht Club was developed by PDMYC INC. a company with experience in the construction and development field.

Palmas Del Mar Properties Inc. is the owner and master plan developer of Palmas del Mar. In 2002 the Puerto Rico Homebuilders Association recognized Palmas as the best master planned resort community in Puerto Rico and last year presented it with the Heritage Award for its environmental initiatives. The Palmas del Mar Country Club has two eighteen holes championship golf courses designed by Reese Jones and Gary Player, the largest private tennis center in the Caribbean with 20 courts, a members only Beach Club, and the only resort in Puerto Rico as well as in the east of the Caribbean with an Equestrian Center. For more information, visit

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