One River Marina will be the City's first new
marina development project in decades, creating an exciting and
accessible waterfront destination on the Delaware
River.
PHILADELPHIA, May 15, 2024
/PRNewswire/ -- Today, Rodan Enterprises LLC, along with its
founders Dana and Ron Russikoff
(former owners of the SureShade® retractable sunshade product line
for boats), is excited to announce that its latest venture – One
River Development LLC – has recently acquired a 6-acre waterfront
parcel on the Delaware River in Northeast
Philadelphia with the intent to develop a full-service
marina and entertainment complex – One River Marina. Upon
completion of the project, One River Marina will feature 200+ boat
slips, shore power, fuel, dry rack storage, swimming pool, several
different restaurant concepts, parking and a home for the historic
Quaker City Yacht Club.
Situated on the Delaware River just north of the Tacony-Palmyra
Bridge in NE Philadelphia, One
River Marina's central location to existing waterfront destinations
like Penn's Landing to the south, and Bristol Wharf to the north
make it an ideal location to revitalize boating on the Delaware
River, attracting both land-based residents and traveling
waterborne tourists. Additionally, One River Marina will
serve as a gateway to the historical Tacony and Mayfair neighborhoods – unlocking a wave of
local economic development opportunity that goes beyond the water's
edge.
"This is a project years in the making and a bold new chapter in
the ongoing activation and transformation of our beautiful Delaware
River waterfront," says Dana
Russikoff. "It has personal meaning to us as Ron grew
up on the Delaware as a member of
QCYC, we had our wedding reception in the Hall and we launched the
first SureShade® from the Point. But more importantly, this
project checks every box for what is surely becoming a new age of
'nautical tourism' for the Delaware River – recreation, access and
infrastructure development – for local residents and especially for
boaters. Not only will One River Marina be an amenity the
entire community can enjoy, but also a world-class destination for
boaters looking for new experiences outside the Jersey Shore and the Chesapeake."
One River Development is currently in the process of raising
public funds and private capital for the One River Marina project,
which is located in a qualified federal opportunity zone (QOZ)
making it an attractive asset class for investment. The
development of One River Marina will be carried out in several
phases, with the first phase comprising the construction of a new
bulkhead, docks, slips, fuel and boat storage. Completion of this
phase is expected by Spring 2026 – just in time for the celebration
of America's 250th Anniversary in the birthplace of our
Nation, Philadelphia.
Conceptual renderings and additional project details will be
made available in the coming months. For further information,
please contact Dana Russikoff at
dana@rodanllc.com.
CONTACT INFORMATION:
ONE RIVER DEVELOPMENT LLC, c/o RODAN ENTERPRISES, LLC
DANA RUSSIKOFF
dana@rodanllc.com
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content:https://www.prnewswire.com/news-releases/plans-for-a-new-marina-and-entertainment-complex-are-underway-on-the-delaware-river-in-northeast-philadelphia-302146215.html
SOURCE Rodan Enterprises LLC