When I was on-site at the vacant 3.6-acre Eighth Street Pier in Charlestown wondering why this prime land parcel sat untouched and undeveloped, I couldn’t help but notice a neighboring eyesore. Floating idly next to the pier was, and still is, a derelict, evacuated, completely unusable marina that was shut down in 2013 because of its perilous condition.

I contacted the Attorney General’s office, which spearheaded the action to close the marina indefinitely, and a representative suggested I try getting in touch with the owner, Martin Oliner of Long Island, to figure out what future plans for the berth entail.

Crickets.

On Tuesday, September 30, however, the AG’s office announced that the Charlestown Shipyard Quarters Marina will be sold by Oliner to Charles Lagasse, Jr., whom the AG’s office describes as “a well-respected and experienced Newburyport developer.” He also owns Boston Yacht Haven on Commercial Wharf. Oliner, too, will be forced to pay $450,000 in penalty fines incurred due to the state of the marina.

It’s unclear how much Lagasse, Jr. will buy the marina for.

Lagasse, Jr. is expected to transform the decrepit dock into a “multi-million dollar, state-of-the-art marina.” This includes, along with any future development plans:

• The removal of all dilapidated docks at the piers 6 and 8 sections of the marina by Oct. 31;
• The construction of new docking facilities at pier 8 in accordance with a future approval from MassDEP, with at least 50 slips operational by May 1, 2016 and the remainder operational by May 1, 2017;
• The construction of new docking facilities at pier 6 within two years of the date that MassDEP issues a new waterways license;
• The extension of the Boston Harborwalk around the full perimeter of pier 6;
• The replacement of the old, deteriorated decking on pier 6 and pier 8;
• The conversion of private parking on the piers to public parking; and
• The completion of short- and long-term repairs to ensure the structural integrity of the Harborwalk and piers 6 and 8.

If he fails to make good on construction deadlines, a fine of $250,000 will be levied against Lagasse, Jr., per the settlement agreement.

“I’m extremely pleased to see this issue come to a close,” Mayor Marty Walsh said in a statement. “With this settlement, Charlestown residents and boat owners will get back what they deserve: a safe and beautiful marina for all to enjoy. I’m grateful to the Attorney General’s Office for their dedication and hard work in pursuing this case on behalf of the people of Boston.”

Back in 2013, it was ordered that an engineer conduct a structural evaluation of the marina because its hazardous conditions sparked numerous complaints from boat dockers and neighborhood residents. During that time, Judge Elizabeth Fahey ordered that a section of the marina remain open to accommodate the remaining boats still active at the end of the season.

Oliner, though, attempted to evict every single person who parked their vessel at the dock within 48-hours time. The AG was able to successfully halt those evictions.

Later that month, Oliner was ordered to facilitate and pay for the relocation of all boats and to provide a reasonable amount of time for boat owners to leave, which they did.