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Miami Shipyard Finalizes Massive Renovations

Merging 130 years of serving as a worldwide hub for megayacht repairs and refits (30’-300’) with new technology and expanded capabilities – RMK Merrill-Stevens is evolving into a catalyst for development in downtown Miami and positioning themselves as a top service provider in the industry.


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Located on the Miami River, RMK Merrill-Stevens is the first shipyard in Florida. In November of 2013, the shipyard was acquired by industrialist and philanthropist Rahmi M. Koç, who was determined to restore the yard to its former standing as a world-renowned shipyard while investing in technology and development. Aaron Leatherwood was named President and CEO of RMK Merrill-Stevens in October 2016, and is overseeing operations and renovations as the company transitions into a modern shipyard.

Over $25M has been invested to develop the North and South Yards, which will operate as separate businesses. The renovated yards will usher in new business, jobs and foot traffic. “The renewed interest in the Miami waterfront is driving massive new developments,” says Leatherwood. “We are seeing more high-end riverfront residences, marina expansions and renovations, improved riverfront parks, restaurants, social venues, and the incredible River Landing waterfront mall which will soon open adjacent to the completely modernized RMK Merrill-Stevens yacht repair and superyacht refit facility,“ he continues.

Scheduled to open mid-2019, the long-awaited, completely renovated North Yard will feature a state-of-the-art 2,700T shiplift and allow for multiple dry berths of up to 250 feet and in-water berths up to 300 feet. With stern-to-stern capability, the yard will also include an updated facility, on-site crew lounge, shore power supplies of up to 650 amps and the most advanced environmental protection system available. A new subterranean water filtration system will clean and reuse runoff water, setting a new standard for shipyards seeking to not only maintain, but improve local waterways.

Located directly on the other side of the Miami River, the new South Yard will focus on repairs and refits for large cruisers and sport fishing boats. Equipped with a 100T travel lift, the South Yard has both covered in-water and out-of-water repair areas, part dealers and fabrication shops.