A New $40 Million Marina and Entertainment Complex is Being Planned For Northeast Philadelphia
Dana and Ron Russikoff, founder of Rodan Enterprises LLC, are planning to develop a new marina and entertainment complex along the Delaware River in Northeast Philadelphia, writes Emma Dooling for the Philadelphia Business Journal.
The full-service marina with restaurants and yacht club would be located near the Tacony and Mayfair neighborhoods.
The Russikoffs are well-versed in the boating world, as they founded SureShade, a company that makes retractable sunshade systems for boats throughout North America and Europe.
The duo recently acquired the 6-acre parcel that will house the project for $1.15 million, and will call it One River Marina.
Russikoff noted that the development will be both a place for the local community to enjoy and a “world-class destination” for boaters located between two other waterfront destinations along the river – Penn’s Landing to the south and Bristol Wharf to the north.
“This project checks every box for what is surely becoming a new age of ‘nautical tourism’ for the Delaware River – recreation, access and infrastructure development – for local residents and especially for boaters,” Russikoff said in a statement.
One River Marina is in the early stages of planning and will be completed in phases, with the first phase expected to be completed by the spring of 2026.
Read more about the construction of One River Marina at the Philadelphia Business Journal.
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Editor’s Note: This post first appeared on PHILADELPHIA Today in May 2024.
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