The driver behind the wheel of a Range Rover whipped his vehicle around the construction site, kicking up dust before parking next to Caterpillar heavy machinery.

On a pile of dirt, a row of golden shovels waited, as attendees of the ground-breaking for Terminal One Motor and Yacht Club milled around the gravel lot, champagne flutes in hand.

The 9-acre waterfront site on Seattle’s Salmon Bay will soon host 72 individually owned condominium garages for collector cars across three buildings, plus a common area and event facility. It’s slated to open to its first occupants next summer, per a Wednesday news release.

Pending approval, the next phase may span a proposed “dockominium” and marina for up to 300-foot yachts, which a handout described as the place “where hypercars meet superyachts.” It would sit across from the Ballard Locks.

“As collectors acquire automobiles worth hundreds of thousands — or even millions — of dollars, the question becomes where and how these assets should be housed, protected and…