Home BusinessReal EstateA new nautical nucleus

A new nautical nucleus

by Nada Nohra

  As it stands at the moment, Beirut’s newest yacht club doesn’t look like much. The cement floors have yet to be covered, the luxury apartments have yet to be furnished and the gym equipment has yet to be installed — and yet still, the yachts of posh foreigners and locals are moored outside like the highest class of club hoppers queuing to get into a joint that is yet to open.  This is the Beirut Waterfront Development, a $150 million project in the heart of the Beirut Marina, north of Saint Georges and facing the Marina Towers. Upon completion, the project will stand on 22,351 square meters of reclaimed land and offer 20,000 square meters of built up area divided into two plots. The first plot will include the 14,000 square meter yacht club. Alongside the yacht club construction machines are currently working on the foundation of a 6,000

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