Valencia’s waterfront set for transformation with new port development
The Spanish city of Valencia is preparing to welcome a comprehensive new development project, which is set to revamp Valencia’s waterfront.
Patrick Reynés, CEO of IPM-IMG Group, the firm behind Marina Port Valencia, presented the initial Valencia port redevelopment plan details at the opening press conference of the Valencia Boat Show, which kicked off on 23 October.
The project, which comes under a new license granted on 1 October, includes Marine Norte, Marina Sur, and Marina City, an area that once hosted the America’s Cup.
A joint venture between Semar (Serveis Marítims Port Eivissa) and Ocibar will spearhead the renovation and management of the marina rechristened Marina Port Valencia (formerly La Marina de Valencia). This company will develop and operate the project submitted to the Valencia Port Authority for a minimum period of 35 years.
The Valencia port redevelopment includes berths ranging from 8 metres up to 130 metres to accommodate a range of boats, extensive green areas for outdoor activities, terrace spaces, high-end dining and shopping options, and a dedicated venue for watersports promotion and research.
The project is set to be implemented in several phases, focusing on revamping existing spaces and buildings. A refit and repair yard will be installed to host specialist companies, and a range of leisure, dining and entertainment facilities will be integrated into the marina complex. Marina Valencia will also set aside areas for offices and retail units.
Marina Port Valencia aims to position Valencia as a leading international yachting destination while contributing to local socio-economic development and job creation. The project is set to ‘boost the quality of service and attention to yachting customers with a clear sustainable and environmental focus.’
This announcement comes as the Valencia Boat Show experiences significant growth, with a 30 per cent increase in exhibition space at its 15th edition. The show featured 150 yachts and 120 national and international exhibitors across a 47,221-square-metre exhibition area.
Earlier this year, the inaugural electric boat show took place in Valencia from 11 to 14 April. This show presented various solutions and technology for port facilities designed to support the energy transition and companies specialising in renewable energy.
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