Landmark marina plans on Delaware River
USA: One River Development, a venture owned by Rodan Enterprises and its founders Dana and Ron Russikoff (former owners of the SureShade retractable sunshade product line for boats), are to develop a new marina on the Delaware River in northeast Philadelphia.
One River Marina will be the City’s first new marina development project in decades and will include an entertainment complex within its six-acre (2.4-ha) waterfront site. Upon completion, the marina will have over 200 wet slips, drystack storage, a swimming pool and various restaurant concepts, and will offer a home to the historic Quaker City Yacht Club.
Situated just north of the Tacony-Palmyra Bridge, the marina has an enviably central location between existing waterfront destinations like Penn’s Landing to the south and Bristol Wharf to the north, making it a perfect stop-over point. It will also unlock a wave of local economic development.
“This is a project years in the making and a solid new chapter in the ongoing activation and transformation of our beautiful Delaware River waterfront,” says Dana Russikoff. “Not only will One River Marina be an amenity the entire community can enjoy, but also a world-class destination for boaters looking for new experiences outside the Jersey Shore and the Chesapeake.”
One River Development is currently in the process of raising public funds and private capital for the project, which is located in a qualified federal opportunity zone (QOZ) making it an attractive asset class for investment. Development will be carried out in several phases, with the first comprising construction of a new bulwark, docks, slips, fuel dock and boat storage. Completion of this phase is expected by spring 2026 – just in time for Philadelphia’s celebration of America’s 250th anniversary.
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