Bahamas Real Estate Developments

For more information on any of these Bahamas developments, please contact us.

Abaco

Abaco Club At Winding Bay
Location: Winding Bay near Cherokee, Great Abaco Island
Size: 550 acres
Developer: Peter de Savary
Projected Investment: $250 million
Features: 70 Cottages & villas, golf course, spa, pools
Status: Open

Baker's Bay Golf And Ocean Club
Location: Northern end of Great Guana Cay, Abaco
Size: 585 acres
Developer: Discovery Land Company, Arizona
Projected Investment: $500 million
Features: Tennis courts, 18-hole championship golf course, 185-slip marina, 244 custom homesites and 115 upscale single-family residences.
Status: Despite conflicts and lawsuits this project has commenced.

Berry Islands

Bonds Cay
Location: Bonds Cay, Berry Islands
Developer: Antonio de La Rua, Shakira, Roger Waters, Alejandro Sanz, Arturo Rubinstein
Size: 700 acres
Projected Investment:
Features: Boutique Hotel, Luxury Condominiums, Artists Retreat
Status: Mid-2007; first phase of offerings 2010

Chub Cay Marina And Resort
Location: Chub Cay, Berry islands
Size: 870 acres
Developer: Chub Cay Club Associates Ltd, Florida-based development team including Kaye Pearson, Bob Moss and Walt McCrory
Projected Investment: $300 million
Features: 5,000 foot runway with customs and immigration, 219-slip marina, restaurants, dive shop, villas, townhouses and residential lots
Status: The marina opened in June 2006 with half of the planned slips. Completion is expected in late 2007/2008

Bimini

Bimini Bay Resort & Casino
Location: Bimini
Size: 700 acres
Developer: Gerard Capo of Miami-based Capo Group
Projected Investment: $400 million
Features: 2,100 residential units, a 250-room luxury hotel managed by Conrad Hilton, a 20,000 square foot casino, convention center, marina and 18-hole golf course
Status: First phase is completed and open. Completion of remaining project expected in 2008, or 2009

Cat Island

Crystal Mount Resort
Location: South Cat Island
Size: 500 acres
Developer: Crystal Mount Limited, a company owned by Hamad Jassim Mohammad Al-Thani, a businessman and member of the royal family of Qatar and Mr. Zumot, an entrepreneur with emphasis in land development
Projected Investment: $26 million
Features: Plans include a "Monte Carlo-styled casino," 250-room hotel, 75 villas and at least 100 estate lots
Status: Government approval granted January 2006

Flamingo Point
Location: Arthurs Town, Cat Island
Size: unknown
Developer: Barry Beschel
Projected Investment: unknown
Features: Oceanfront Lots
Status: 80% sold

Eleuthera

Cotton Bay
Location: Rock Sound, Eleuthera
Size: 1,500 acres
Developer: Eleuthera Properties, Ltd.
Projected Investment: $300 million
Features: 114 Home lots, villas, 32-slip marina and 73-room Starwood Luxury Collections hotel
Status: Government approval granted in 2004. Hotel scheduled to open in December 2007

Current Club Villas, Restaurant and Marina
Location: Current Cut, North Eleuthera
Size: 6 acres
Developer: Island Development Group, Florida; Founder & President Michael Lopez and Ali Kas.
Projected Investment: $12 million
Features: Upscale resort/residential community with 34 condominium hotel units and villas, marina and restaurant
Status: Construction has started

French Leave And Savannah Hill
Location: Governors Harbour, Eleuthera
Size: 356 acres
Developer: EIC Resorts of State College, Pa.
Projected Investment: $120 million
Features: Park Yatt boutique hotel, two marinas, condominiums, and oceanfront lots
Status: The developers have stated that buyers are expected to be able to move in during late 2008 or early 2009.

Pineapple Fields
Location: near Governor's Harbour (formerly the site of the Potlatch club)
Size: 80 acres
Developer: Out Island Resort Management (OIRM), principals include David Barlyn, Peter Birkweiser and Chris Lightbourn
Features: 32-unit condo/hotel, a spa, cottages and single family homes. Also a beachfront restaurant and gourmet deli
Status: the restaurant (Tippy's), gourmet deli and 12 units of the condo/hotel are open.

Powell Point At Cape Eleuthera
Location: Cape Eleuthera
Size: 700 acres
Developer: Alticor, parent company of Amway Corp. owned by Richard M. DeVos family, Michigan
Projected Investment:
Features: Estate homes, beach villas, town homes, marina
Status: Currently under construction, opening in 2007
Pricing: Beach villa lots start at $600,000, estate lots and townhouses start at $800,000

Royal Island
Location: Royal Island, near Harbour Island, Eleuthera
Size: 20 acres
Developer: Cypress Equities, development affiliate of The Staubach Company
Projected Investment: $500 million
Features: Private residential community with 18-hole golf course, exclusive 5-star resort and 200-slip marina
Status: Construction is expected to start in phases in 2007. The W.P. Stewart house ruins have been cleared in preparation for the infrastructural development.

Sky Beach Club
Location: Governors Harbour, Eleuthera
Size: 22 acres
Developer: Sky Beach Development (Eleuthera) Ltd. is a blended partnership of Pinnacle Development Partners, LLC and David Sklar of KRA, Inc
Projected Investment:
Features: 35 resort homes, clubhouse pool, beach, one-story, split level and two-story homes
Status: Landscaping started early 2006, construction began April 2007
Pricing: $2.7 - $3.7 million

Exuma

Crab Cay
Location: Crab Cay, just south of Great Exuma
Size: 200 acres
Developer: Murphy International Development
Projected Investment: $350 million
Features: An eco-sensitive resort with 54 upscale, waterfront villas, 5-star hotel, spa, marina, restaurants, and a harbour village with retail shops.
Status: Ground broken in early 2007. Phase one is scheduled for completion by 2009

Emerald Bay Resort
Location: Great Exuma
Size: 470 acres
Developer: EBR Holding Ltd. of Great Exuma
Projected Investment: $150 million
Features: Luxury island resort community with access to 183-room Four Seasons hotel, crescent-shaped beach, golf course designed by Greg Norman, 150-slip marina able to handle boats up to 200 feet long Status: Hotel opened in 2003. Condos and single family homes planned
Pricing: lots starting at $400,000

February Point
Location: Great Exuma
Size: 80 acres
Developer: February Point Resort Estates Ltd.
Projected Investment:
Features: Restaurant, laundry services, fitness center, and a fully computerized business centre with secretarial services and Internet connection.
Status: Open and expanding

Grand Bahama

Ginn Sur Mer
Location: West End, Grand Bahama
Size: 2,000 acres
Developer: The Ginn Company, Florida-based
Projected Investment: $5 billion
Features: 4,400 condominium and hotel units, 1,800 single family residential sites, 2 golf courses designed by Jack Nicklaus & Arnold Palmer, mega-yacht marina plus an additional marina, private club, private airport, casino
Status: This is the largest resort community project to come to the Bahamas, including Atlantis. Ginn will start by developing the marinas and golf courses. Full completion is expected to take 20 years.
Pricing: golf course, deepwater, and oceanfront homesites expected to range from $600,000 to $1 million and up.

Old Bahama Bay
Location: West End, Grand Bahama
Size: 228 acres
Developer: West End Developers
Projected Investment: $585 million
Features: Boutique 73 suite hotel now open; waterfront residential community with 82 homesites, 72-slip marina, customs house
Status: Ginn Resorts has taken over management of Old Bahama Bay

Paradise Island

The Residences At Atlantis
Location: Paradise Island, New Providence
Size: 171 acres
Developer: Kerzner International and Turnberry Associates
Projected Investment: $1 billion
Features: 2,317 room resort, 7 acre lagoon within a 78 acre "waterscape", casino, numerous restaurants and shops, spa and fitness center, theatre, 63-slip marina and marina village, marine habitat and dolphin facility, 22-storey/ 500-unit condo hotel
Status: Completion expected in 2008
Pricing: $700,000 to $3,400,000

The Residences At The Ritz-Carlton
Location: Rose Island, private island 4 miles off New Providence
Developer: Ritz-Carlton Hotel Company
Size: 230 acres
Projected Investment $900 million
Features: Hotel, 300-slip marina, 400 residential units including condo hotel units, townhouses, villas and private estate homesites.
Status: Government approval granted in 2005. Opening is set for 2009

Mayaguana

Mayaguana Resort
Location: Mayaguana
Size: 10,000 acres
Developer: Hotel Corporation of the Bahamas and Boston-based "I Group"
Projected Investment: $1.8 billion
Features: The Initial Investment will include major airport enhancements and expansions to feature the "longest runway in the worls", a boutique commercial resort facility and small marina
basin, residential home sites, golf courses and infrastructure development.
Status: Agreed in principle but no official approval

Rum Cay

Rum Cay Resort Marina
Location: Rum Cay
Size: 900 acres
Developer: Montana Holdings of Nassau
Projected Investment: $700 million
Features: New Airport Terminal, and hangar, 80-slip marina, hotel and marina village
Status: Government approval in 2004. Marina and marina vilage scheduled to open in 2007. Completion scheduled for 2011

For more information on any of these Bahamas developments, please contact us.