Permitting Update on Magnolia Bay

The $700 million Magnolia Bay Marina & Resort project continues to face some challenges, as the property owner, Dr. J. Crayton Pruitt, and developer, Chuck Olsen, press forward with the development plans. In addition to a marina and 100' wide channel, the plans include the building of condos, a hotel, a helicopter landing pad, a public aquarium, a marine science lab, and commercial space for shopping and restaurants. The state and federal permitting agencies are requiring further modifications to the current plans before the permits will be granted. The developer is working on changes that he feels will allow the project to to be approved.