Salamanca Group is unveiling the latest state of play and images of the €200 mln Marina Port Vell project in Barcelona at the MIPIM fair in Cannes.

Salamanca Group is unveiling the latest state of play and images of the €200 mln Marina Port Vell project in Barcelona at the MIPIM fair in Cannes.

Salamanca has announced groundbreaking on both the restaurant and yacht berths of the project. This milestone marks the ultimate phase of Marina Port Vell’s complete renovation with final ribbon-cutting expected in October 2014.

'As we embark on construction of these crown jewels in the evolution of Marina Port Vell begun in 2011, we are more and more excited about the refinement in our strategies, plans and architecture,' said Uri Nachoom, vice-chairman of Salamanca Group. 'While we might have enjoyed faster progress in permitting and negotiating how the marina was to evolve, in the end we’ve had a great opportunity to enjoy the maturity of the original undertaking: to create the most memorable superyachting experience in the Mediterranean and to capture the culture and ethos of our beloved Barcelona for our guests,' he continued.

Salamanca acquired the project in 2010 to create a marina that will accommodate 162 yachts and superyachts up to 120 metres, and offer five-star services and facilities.