The Marine Industries Association of South Florida announced Tuesday it has signed a 30-year lease extension with the operators of the Bahia Mar resort and marina to keep the annual boat show at the site through 2050.

The boat show is an economic powerhouse for the city, bringing in more than $850 million annually, according to a recent analysis.

In addition, Lead partners of Bahia Mar, Tate Capital and Rok Enterprises, continue to develop preliminary plans to redevelop the property and 39-acre marina.

Click below for links to the full articles:

http://www.bizjournals.com/southflorida/news/2017/06/07/boat-show-inks-deal-with-bahia-mar-owner-as-major.html

http://www.sun-sentinel.com/local/broward/fort-lauderdale/fl-sb-bahia-mar-plan-vote-20170606-story.html

https://therealdeal.com/miami/2017/06/07/announcement-that-the-international-boat-show-will-stay-in-fort-lauderdale-through-2050-prompts-redevelopment-plans-for-bahia-mar/