Multi-Million Dollar Marina Makeover

It's the first of its kind for the tiny fishing village of Carrabelle. The blueprints are drawn, the boat slips are being constructed and in just four days the public gets a firsthand look of what soon will become a $100 million marina community.

Sweltering hot temperatures aren't the only things heating up Carrabelle, Florida. A sizzling hot development is being launched that will accommodate fishermen of all types.

Bud Chiles, developer, said, “I think people in Florida and Georgia who own big boats want to be on deep water and they love Carrabelle for the ambiance that it is.”

That's why developer Bud Chiles is forking over $100 million to spruce up this marina, tacking on 34 boat slips, 150 condominiums and providing an avenue for job growth.

Bud said, “I think the future jobs in Carrabelle are going to be in real estate, tourism and services.”

One city commissioner agrees, saying developments like Seachange at the Moorings have already provided an economic boost to the community.

Raymond Williams, Carrabelle City Commissioner, said, “The tax dollars have allowed the city to lower the millage rate from eight to five mills.

It’s a big savings for a tiny fishing village where shrimp boats are no longer the biggest money maker around. As for the Seachange at the Moorings, Bud Chiles invites everyone to come celebrate the launch this Saturday afternoon at five.

There will be food, fireworks and a boat show in Carrabelle. Chiles says you'll have to be patient. The project will take 18 months to complete and it all starts this March.