The APB has awarded the concession for the management of the El Molinar dock for small vessels in the port of Palma
Nautic Assets Developers Team will manage the moorings and social building during the high season
Palma
11/11/2024
The Port Authority of the Balearic Islands (APB) has granted the concession for the management of the nautical facility in the El Molinar dock in the port of Palma to the company Nautic Assets Developers Team, S.L. The new facility will have sixty moorings for smaller boats of up to eight metres in length, as well as the existing and fully refurbished social building.
The awardee company will invest 672,000 euros in the installation of new pontoons and other facilities and will manage the concession for a period of 18 years. In addition, it will take over the management of the building, using the ground floor as a bar-cafeteria-restaurant and the first floor for social and cultural activities. Work on the facility will begin shortly and is expected to be completed in time for the high season in the summer.
Nautic Assets Developers Team will contribute 68,000 euros annually as an improvement in the occupancy and activity fees, which is in addition to the amount of 58,5000 euros and 4% of the turnover, as established in the tender specifications.
In granting the concession, the APB has honoured its commitment to maintain the dimensions of the El Molinar dock and the type of boats it accommodates, as well as to improve the integration between the port and the city, promote sports activities and ensure that the moorings maintain their social function.
Renovated building
With regard to the building located in the Molinar marina, the refurbishment work has been completed, and the keys are expected to be handed over to the new concessionaire shortly. From the outset, the APB has been committed to preserving the structure of the historic building, recognising the value of the heritage derived from its history and construction style while at the same time complying with the urban planning requirements set out in the Special Plan for the Port of Palma. The actual state of the structure was much worse than expected, leading to a slowdown in the works and an increase in the budget to 1.2 million euros.
This summer, the APB finished the work to clean the seabed of the El Molinar dock, extracting the 1,400 cubic metres of rock and sand that had not been removed since the end of the works to restore the original draught and ensure safe navigation inside the bay.
