Tampa Bay's big boat boom abides
You may soon start to see more very big boats around Tampa Bay.
Driving the news: Superyacht builders are entering the new year with more boats on order than ever before, and there are fewer and fewer places to park them.
By the numbers: The 2022 Global Order Book reports 1,024 projects being built or on order, a rise of 24.7% on last year's 821, per Boat International.
- That's ~25 miles of new deep-water boats.
The big picture: Axios' Courtenay Brown reports that the mega-rich (whose wealth has ballooned during the pandemic) sought out giant yachts at record rates for private refuge from the virus — and there are fresh signs the trend isn't letting up, per Boat International's annual report out last week.
- "The lack of travel and the desire to isolate has been universally good for the boat industry," Princess Yachts' Will Green says in the report.
The latest yacht hurdle: Finding parking.
What they're saying: "We have lost sales because people could not find anywhere to keep the boat," Issy Pereira, a Florida-based yacht dealer, told Miami Today this week.
- What to watch: That demand for deep-water docks could send more superyachts our way.
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