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The scale of Steve Hudson’s waterfront home in Fort
Lauderdale, Florida, and the amenities inside and out—a private cinema, a
billiard room, a well-stocked wine cellar, an expansive pool with swim-up bar
and 240 feet of private bulkhead—are indicative of a guy who’s experienced
considerable success in life. Most reach that threshold later on, in their 40s
or 50s. But Hudson, now 37, found it early by throwing the full force of his
talents and energies behind growing his father’s carting business, sharing in
the management of their video rental franchises, making real estate deals in
South Florida, and expanding the full-service yacht brokerage, charter and
management company International Yacht Collection into an industry player.
Closer inspection of Hudson’s home and its environs, though,
suggests some shifting priorities in his life. Removable mesh panels enclose the
pool. A collection of plastic farm machinery and construction equipment is
scattered about the small but well-kept lawn. There’s a brand new Lazzara LSX
Quad 75 tied to the bulkhead—equipped with custom baby gates. (Click image to enlarge)
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Hudson’s lifestyle is in transition from that of a driven
bachelor businessman to one where his young family plays a central role. The
Lazzara, the first big boat he’s owned, plays a fundamental role in that
transition.
"Business-wise, I’ve accomplished a lot of things," Hudson
says. "Now it’s family time."
Boats and boating have figured into Hudson’s life from
childhood. Born in Fort Lauderdale, he was always a water rat. His parents
bought him his first boat, a 13-foot Boston Whaler, at age eight. Like many kids
growing up in Florida, he was a surfer, and he still indulges in a lifelong
passion for scuba diving.
Growing up, his family owned a succession of Hatterasses and
eventually a 122-foot motor yacht. Summers, he, his mother and his sister would
stay on the family yacht in the Bahamas and his father would fly over on
weekends. As he got older, he became more involved in running the boats, one
summer helping move the Hatteras up the coast to Nantucket. The family boating
experience and all it entails is what Hudson is chasing today with the
Lazzara.
Top: The Hudsons’ Lazzara ready for action. Bottom: The spacious, airy salon and helm. (Click images to enlarge)
"I want my children to have the same kind of experiences I had
growing up," he says.
After graduating from Southern Methodist University with a
degree in business economics, he went to work with his father establishing and
managing a half-dozen Blockbuster franchises in Melbourne, Florida. Eventually
he returned to Fort Lauderdale and went to work for his father helping grow the
family carting business through mergers and acquisitions. His life was rewarding
but hectic, with many nights spent on the road.
During that period, his parents bought a 112-foot motor yacht
called Bon Bon. Hudson oversaw a refit that extended her 10 feet. He then
managed the complete refit of a 102-foot Crescent Beach the family bought as an
investment. His mother ended up giving it to his grandmother as an
80th birthday present. His grandmother used Lady Jean quite a
bit, and Hudson oversaw the charter operations when she was not using it,
eventually selling the boat for a profit.I started looking at what I was paying the brokers and
thought, maybe I should get into that business as well," Hudson muses.
Realizing he didn’t really know the brokerage business, he
bought a two-year-old company called International Yacht Collection. Eight
years later, IYC has 45 employees and offices in St. Maarten, Monaco, Nassau,
Newport and Palm Beach. In May, he sold the company to Trinity Yachts for an
undisclosed sum.
Top: The galley and dining area. Bottom: A family portrait. (Click images to enlarge)
While the physical trappings of his lifestyle suggest
considerable affluence, Hudson is an affable, approachable guy with a
ready smile and the beginnings of a mid-life goatee. He walks with a limp, the
result of a serious hunting accident two years ago. His father, Harris "Whit"
Hudson, ad he are very close, through their business ventures as well as
their family time. He is the nephew of Wayne Huizenga, owner of the Miami
Dolphins and an accomplished businessman with a legendary Midas touch. He says
his father and his uncle have proved great role models.
"I’ve always been around business leaders—my father, my
uncle—all my business career," he says. "I’ve concluded you can’t stand
still. You’ve got to continue to build. Either you go out and acquire or
somebody comes in and acquires you."
The sale of IYC to Trinity was unplanned and unexpected,
but fortuitous, Hudson says. Had the sale not happened, the next logical
expansion of the business would have been to get into yachtbuilding. A deeper
commitment, though, would have put him on the road more than he would have
liked, away from his wife and young children.
"They were looking to vertically integrate downward, and I was
looking to vertically integrate upward," he says of Trinity Yachts.
The Trinity deal will allow him to focus on building other
businesses—an activity he loves. Towering above all else, though, is a
commitment to his family, both immediate and extended. His marriage and
fatherhood and the hunting accident helped him sort out his priorities. Prior to
the Trinity sale, Hudson had been roughly splitting his time between IYC and
the family real estate holding company, Hudson Capital Group. His plan had been
to dial back a bit and smell the roses on the Lazzara with his wife of
three-and-a-half years, Jeannie, and his children, ages one and two.
As a bachelor he owned a number of small, fast boats including
several center-console runabouts, but those boats weren’t appropriate for the
kind of boating experience he wants his family to share. He loves to go fast,
but he needed something with more amenities.He started looking at express-style boats in the 45- to 55-foot
range, but generally wasn’t impressed with what he saw. Then he had a
conversation with Dick Lazzara about a boat the company was developing: the LSX
Quad 75. At first, the boat was a bit larger than he wanted. But he found
Lazzara’s business and personal ethics to be in line with his own and he warmed
up to the idea. He was also intrigued by the promise of the new Volvo Penta IPS
drives the boat was designed around.
Top: The aft deck of the LSX Quad 75 is perfect for intimate dining or
world-class sun worshipping. Bottom: The full-beam master is spacious and
well-appointed. (Click images to enlarge)
"I said, ‘OK, Dick; if it does all you say it’s going to
do, I’ll buy Hull No. 2,’ and we did the deal on a handshake," says Hudson.
"I didn’t know the price; I didn’t know what it would do. But I did know
whatever it was, Dick would certainly deliver on that handshake."
A year later, he walks around the boat just as a new father
would, pointing out with pride the features and modifications he and Jeannie
made to personalize it. For instance, Hull No. 1, a spec boat that had its debut
at last year’s Fort Lauderdale boat show, was fitted out with a modern European
interior. Steve and Jeannie spec’d their interior out with softer, more
traditional American hues—blues and whites.
The LSX Quad is a four-stateroom yacht with a bright, spacious
salon with a retractable sunroof on the bridge deck, a minimalist glass helm
integrated into the space and a spacious galley and dining area amidships
and down. The central companionway between the guest staterooms has
electronically opaqueable glass which, when in the see-through mode, allows an
open, full-beam feel in what is typically a narrow, confining space.
The Hudsons made few alterations to the base boat. They did
spec out one of the guest staterooms with convertible twins for the kids.
The shower stall in that stateroom has a small lip at the base to permit
them to bathe the children. The master aft and VIP forward are elegant
spaces with a mix of leather and joinery befitting the finest Italian
builds. They had Lazzara build baby gates at several key points below and on
either side deck, and they added a glass panel under the helm to keep their
curious toddlers from toddling into trouble. They plan to install an aft-facing
closed-circuit camera and upgrade the audio system.
But the feature that makes the yacht unique and has attracted
the most attention is its power plant.
"All the technology Volvo Penta has put into it is what really
excites me," he says.
The LSX Quad 75 is the first yacht equipped with four Volvo
Penta IPS drives. The IPS features out-drives with forward-facing props paired
with diesel inboards. It offers quieter, more economical operation, quicker
acceleration and it takes up less space on the boat than conventional diesel
systems of similar horsepower. The compactness of the system allows for more
than 10 feet of additional accommodations space in the yacht, according to
Lazzara.
The propulsion system is integrated through a single joystick
control for precise low-speed maneuvering. It will move the boat directly
sideways.
"It takes some getting used to," Hudson says of the joystick
control, "but once you do, you could run a slalom course in reverse."
What role will he play with IYC under the Trinity
ownership?
"Merely a consultant," he says with a chuckle. "Actually, after
the acquisition, I’m the only one who won’t have a job."
But he has plenty to keep him occupied with his real estate
operations and his drive to make deals. No matter what, though, the new
Lazzara will keep things in balance.
"Through boating, my parents were able to spend that much more
time with their kids," he says. "That’s what I want to do with my kids as they
get older."
Lazzara Yachts at
813-835-5300. www.lazzara.com
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