After years of negotiations with prospective purchasers, Fisherman’s Wharf, also know as Cabral’s Wharf, in Provincetown has been sold to a developer from Newburyport who plans to build a boutique hotel, boat basin and expand the marina to accommodate large yachts. Work is scheduled to begin soon but details are unavailable. The new owners do have a good record with similar projects including Charlestown Marina and Boston Yacht Haven and Marina. They also manage Fan Pier Marina.
This will certainly change the look of the harbor and give the whole area a boost.