Megayachts could become a familiar sight on Treasure Island.

Bay Ship and Yacht Co. is in talks to lease berth space on the island’s pier, where it plans to dock luxury yachts that stretch over 150 feet.

The yachts would likely be berthed at the pier while awaiting repairs or refurbishment at the company’s Alameda headquarters, according to Business Development Director Ira Maybaum.

“One of our market segments that we’re working hard to develop is superyachts or megayachts — the high-end yachts that come into the Bay,” Maybaum said.

Treasure Island Development Authority directors are due to consider the proposal Wednesday during a meeting on the island.