lighthouse point yacht club development

The future of Lighthouse Point Yacht Club lends itself to a lifestyle that is warm, contemporary and quite beautiful. These proposed architectural renderings illustrate the future of our clubhouse and residential properties. We are delighted to keep you abreast of every innovation, amid the life of this project by Paterson Development.

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Fort Lauderdale builder plans major…

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Fort Lauderdale builder plans major redevelopment of Lighthouse Point yacht club

Fort Lauderdale builder Terence “Terry” Paterson has major redevelopment plans in store for the Lighthouse Point Yacht & Racquet Club.

An entity controlled by Paterson – Lighthouse Point Yacht Club Investments – purchased the property at 2701 NE 42nd St. from Silver Seas Hotel Inc., earlier this month in a $15.9 million transaction. The deed transfer was filed with Broward County on July 20.

In a telephone interview Tuesday, Paterson, president of Paterson Project Management, said he acquired the Lighthouse Point yacht club in a 50-50 partnership with entrepreneur Angel Doraliev.

“We have a lot of big plans. We’re planning more than $65 million worth of development over there,” Paterson said.

Paterson Project Management has more than 15 years of home construction and general contracting experience, according to its website. The company is building Sky 230, a collection of 29 luxury waterfront town homes in Lauderdale by the Sea. Seventeen have been completed and sold, Paterson said. It also has about a dozen homes going up across Fort Lauderdale, Lighthouse Point, Boca Raton and West Palm Beach.

The yacht club’s redevelopment plans, which are contingent on approval from Lighthouse Point city officials, include the construction of a new clubhouse building and 20 residences on site, Paterson said.

The new two-story clubhouse would sport a resort-style ambience offering a kid’s pool, Jacuzzi, lap pool and 19 covered cabanas, he noted. It would have an upgraded fitness center overlooking its marina, spa facilities and rooftop tennis courts.

The clubhouse’s food and beverage upgrades would include a new poolside tapas-style eatery and interior formal restaurant and a 350-seat banquet facility on its second floor. A conference room, bridal suite for wedding parties and children’s play area would also be added on the upper level.

On the residential side, Paterson said plans call for 10 luxury homes to be built along the property’s waterfront and another 10 luxury, 3-story town homes along its street side. Rezoning of the property for residential purposes will be required and that application process has started.

In the interim, light renovations to the property will begin in August. They will include new furniture, repainting of the existing clubhouse and revamped landscaping. The restaurant’s menu will be changed to include contemporary and healthier options while keeping popular traditional dishes, Paterson said.

The South African-born avid yachtsman said he did a lot of research on the private, gated yacht club property before acquiring it. He’s also solicited input from many long-time members on the improvements they’d like to see there.

“We’ve been talking to every single member we can get our hands on,” he said.

One overriding response has been a desire to grow the club’s base of young and family members, he said. Another wish-list item is the addition of the popular pickle ball game. But Paterson said he will tend to the needs of older members.

Club membership before the recession was about 750; the goal is to grow it and cap it at about 1,000.

While future plans also include a rebuilding of its marina, for now, it’s doing a vibrant business the owners don’t intend to disturb.

Situated close to the Hillsboro Inlet, the 78-slip marina can accommodate sport fishing boats and yachts from 30 feet to 120 feet in length, according to the club’s website.

“The marina is our jewel,” Paterson said. “There’s a waiting list to get in.”

Staff researcher Barbara Hijek contributed to this report.

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Developer plans 33 waterfront townhouses on site of yacht club in Lighthouse Point

Terry Paterson, who acquired the Lighthouse Point Yacht Club last year, would need rezoning approval to advance his planned townhouse development

A developer plans to build 33 waterfront townhouses on the grounds of the Lighthouse Point Yacht Club.

Fort Lauderdale developer Terence “Terry” Paterson bought the Lighthouse Point Yacht club last year for nearly $16 million.

Paterson would price the townhouses from $1.5 million to $1.95 million.

He plans to use profits from townhouse sales to rebuild the 57-year-old yacht club at a cost of approximately $20 million.

Townhouse residents and club members would have access to the rebuilt yacht club. Paterson also plans to build amenities including two swimming pools, two restaurants with bars, a marina, tennis court, gym, spa and event patio.

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The planned development will be reviewed Tuesday at a joint workshop of the Lighthouse Point city commission and planning and zoning board.

If approved by the city, the townhouse project would require rezoning by Broward County.

Paterson would construct eight buildings with 33 townhouses on 3.3 acres between the Rialto and Marco canals.

Each townhouse would be three stories tall and would have more than 3,000 square feet of interior space with four bedrooms, four and a half bathrooms and ten-foot ceilings.

Developer Adam Adache is advancing a smaller townhouse development in Lighthouse Point with 12 units –  the first development of its kind in Lighthouse Point in a decade. Adache told the Sun-Sentinel he expects to apply for building permits for the townhouse project in November. [Sun-Sentinel]   –   Mike Seemuth

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Lighthouse Point Yacht Club Development Awaits Permits

After a lengthy May 23 City Commission meeting which resulted in a vote to punt the issue to the Planning and Zoning Board for review, a request to amend the Development Agreement for the Lighthouse Point Yacht Club has been retracted by Lighthouse Point owner and developer Terry Patterson.

If the request had not been retracted, the process for funneling the amendment proposal through the Planning and Zoning Board would have delayed a verdict on the request until at least September, following a Board meeting, two public hearings and at least one additional City Commission meeting. This drawn-out timeline, Patterson said, prompted him to retract the amendment request. 

“What I was asking for from the Commission could have been approved at the Commission level by the middle of July and we could have started our preparations,” said Patterson in a public statement. “However, since three of the Commissioners instead chose to skirt their responsibilities to the Planning and Zoning Board, this process would now be over at a minimum in mid-September…Once we agree to the changes through Planning and Zoning, only then can the agreement come back to the Commission, who should have just dealt with it themselves.”

Before it was retracted, the amendment request was to allow Patterson and his team to start demolition on the old clubhouse in advance of meeting a requirement currently laid out in the development agreement. According to the current agreement, Patterson must first show the Commission “proof of financial viability” for the project. While the agreement is not precise on what constitutes proof, a previous letter of intention from Colorado Savings Bank, which stated it intended to cover $25,500,000 in construction costs of the residential units, was deemed insufficient proof by the City Administration, which has not yet approved demolition to begin. Once demolition begins, according to the current development agreement, the clock starts on a strict construction timeline.

In order to get finalized bank loans — which would assumably satisfy the “proof of financial viability” requirement laid out in the development agreement once shown to Mayor Kyle Van Buskirk — the bank must first see the master permits, city-stamped plans and builders risk insurance. Thus, Patterson said he must first await the approval of the master permits before he can show the Mayor the finalized construction loan paperwork.

“I have never asked to change it [the financial viability requirement]. However, I won’t formally present it to the Mayor until our master permits are ready to be issued,” Patterson wrote in a letter to yacht club members.

Those permits, however, have faced significant delays. Roughly six months ago, the clubhouse building plans hit an unfortunate and unforeseen hurdle when the Pompano Beach Fire Marshall responsible for approving them (because Lighthouse Point does not currently have a Fire Marshall), disagreed with a previous verdict made by the Planning and Zoning Board to design the building for a max capacity of about 400 people determined by the indoor space. The Pompano Beach Fire Marshall was adamant that the plans needed to be designed for a max capacity of almost 1,600 people to reflect the capacity of indoor and outdoor spaces. Despite the plans having been approved by Planning and Zoning, this determination by the Pompano Beach Fire Marshall forced Patterson and his team to go back to the drawing board to do a clubhouse redesign.  

This “ came at great cost,” said Patterson at the Commission meeting.  

Because of this delay, Patterson was hopeful the City Commission might be flexible on amending the development agreement to allow demolition to begin and not start the clock on the full construction timeline until vertical build begins.   

  At the May 23 Commission meeting, the topic of amending the agreement was intensely discussed for more than 2.5 hours between the Mayor, City Administrator, City Commissioners, Patterson, members of the Lighthouse Point Yacht Club staff and Lighthouse Point residents who appeared passionately at the podium to express their frustrations and fears surrounding the development. Ultimately that meeting resulted in a vote to send the issue on to Planning and Zoning.   

  Now that the amendment request has since been retracted, Patterson will stay the course to wait for the master permits to be issued.   

  “ I keep saying that our permits are imminent but that the last 5 percent push is always the toughest,” said Patterson in his letter.” The silver lining is that our Mayor Kyle Van Buskirk, City Administrator John Lavisky, and all the city employees are working diligently to get our permits through the process. Due to this positive fact, we have pulled our requested development agreement amendment from the City Commission and will place our bets with our Mayor and City Staff. No more asking the Commission to work with us to speed things up.”  

  The new clubhouse plans, which were resubmitted to the City of Lighthouse Point on May 17, are still under review. According to Lighthouse Point Yacht Club owner and Community Outreach Director Jessica Easterling, who checked the status on June 14, some trades, including plumbing, electrical and mechanical, had made comments on the plans, which were then in structural review. No comments had been added for the fire review. City Administrator John Lavisky said a meeting was scheduled for June 16 between the Lighthouse Point building department and Joseph Gratton, from Lighthouse Point Yacht Club Investments, to review all comments.  

  According to Sandra King, the City of Pompano Beach’s Strategic Communications Administrator, the new clubhouse plans had not yet been sent to the City of Pompano Beach for Fire Marshall review as of June 13. The Lighthouse Point building department will pass them to Pompano Beach.  

  The plans for the tennis center were largely approved, with only minor comments to apply. The plans for the townhomes had not yet been resubmitted as of June 14, but according to Easterling, were projected to be resubmitted by approximately June 21.  

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The best-kept secret on the Ohio River!

Lighthouse Point Yacht Club is the only marina on the Ohio River in southeast Indiana with covered slips.  Nestled in its own sheltered inland harbor, bordered by the scenic Ohio River and Laughery Creek in rural Aurora, Indiana, LPYC benefits from peaceful seclusion, while still convenient to fine dining, fast food, groceries, retail outlets, and leisure activities.  Golf courses and riverboat gambling are also easily accessible.  A local taxi service can take you from the boat dock to the door for a reasonable charge.

What We Offer!

Check out our amenities, at light house point yacht club.

Lighthouse Point Yacht Club

Introduces new owners, mark banschbach & rick bush.

Extremely friendly staff, fueled up here, let us dock a disabled boat even before they knew was a member. Coast Guard is forever faithful. Very knowledgeable of the water depth. Zachary Carlson

Outstanding Yacht Club. Great access to their facility. They provide great access to the Ohio River. I’ve found that other boaters are very friendly and ready to help out if you have problems. They also have a fuel pump available. Bill Darby

This is a nice clean well-maintained marina. Slips are a mix of covered and not. Renters have access to a shower and bathroom for both men and women. Ample parking and access to an on-site boat ramp. Fred Novakov

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