One River Development, a new company founded by former SureShade owners Dana and Ron Russikoff, has acquired a 6-acre waterfront parcel on the Delaware River in northeast Philadelphia to develop a full-service marina and entertainment complex. One River Marina will have more than 200 slips, shore power, fuel, rack storage, a swimming pool, restaurants and a home port for the Quaker City Yacht Club.
Located just north of the Tacony-Palmyra Bridge, One River Marina will provide access to such destinations as Penn’s Landing and Bristol Wharf.
“This is a project years in the making and a bold new chapter in the ongoing activation and transformation of our beautiful Delaware River waterfront,” Dana Russikoff said in a statement. “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.”
One River Development is in the process of raising public funds and private capital for the project, which is in a qualified federal opportunity zone. The development will be carried out in several phases, with the first consisting of the construction of a new bulkhead, dock, slips, fuel and boat storage. Completion of the first phase is expected by spring 2026.
