The project could include restaurants, a pool, boat storage, and more.
A $40 million proposal to build a new marina in Northeast Philly may soon lead to the demolition of the Quaker City Yacht Club building, part of an effort to spark revitalization along the Delaware River waterfront.
They estimate the project could cost $30 million to $40 million and plan to raise public and private funds. The property is in a qualified federal opportunity zone, which provides tax breaks to investors, said Dana Russikoff.slips, boat storage, and fuel for boats. The Quaker City Yacht Club’s building does not have a historical designation, though the club was founded in 1887.
“We have this beautiful river, we have so many boaters out on it, and there really isn’t anywhere for them to dock and dine, to be able to pull up in their boat and have a bite to eat with a nice view,” she said.
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