eleuthera
BAHAMAS DEVELOPMENTS

(click on the name of the development to go to their excellent websites)

BIMINI BAY RESORT AND CASINO

Developer: RAV Bahamas, a subsidiary olf Miami-based Capo Group
Acres: 700
Features: 2,100 Housing Units, a 250 Room hotel managed by Conrad Hilton, a 20,000 square foot casino, small convention center, and 18 hole golf course
Status: The first phase is already open, and the entire project is expected to be completed by 2008, or 2009
Website: www.biminibayresort.com


GINN SUR MER

Location: West End, Grand Bahama
Developer: The Ginn Co. of Celebration
Acres: 700
Projected Investment $4.9 billion
Features: 4,000 condominium and hotel units, 1,800 single family homes sites, two golf courses, marinas, a casino and airplane runway with customs and immigration
Status: The government is expected to give its final approval for cconstruction to begin witin the next month (Sept 2006). Ginn will start with the amarinas and golf courses, but full build-out will take 20 years; biggest project ever in Bahamas, including Atlantis
Website: www,ginnsurmer.com/


OLD BAHAMA BAY

Location: West End, Grand Bahama island
Developer: West End Developers
Acres: 150
Projected Investment
Features: Boutique 49 suite hotel now open; Homesites, lots, 75 slip Marina, Customs House, luxury hotels in historic village of West End
Status:
Website: www.oldbahamabay.com


ABACO CLUB AT WINDING BAY

Location: Cherokee, Abacos
Developer: Peter de Savary
Acres: 528
Projected Investment:
Features: Cottages, Villas, golf course, spa, pools
Status: Now Open
Website: The Abaco Club at Winding Bay


BAKER'S BAY GOLF AND OCEAN CLUB

Location: Great Guana Cay, The Abacos
Developer: Discovery Land Co. of Scottsdale, Arizona
Acres: 600
Projected Investment: $500 million
Features: Tennis courts, a golf course designed by Tom Fazio, a 185-slip marina, beach cottages and mangrove bungalows
Status: Local residents have filed a lawsuit against the project on the grounds that it will harm the environment. The Privy Council in London, which hears legal appeals for the Bahamas, last month sided with the residents, and ordered a halt to construction. Discovery Land Co. hopes to go ahead with the project, it is waiting for a ruling from the Supreme Court in Freeport
Website: www.discoverylandco.com/project_bakersbay.html


CHUB CAY MARINA AND RESORT

Location: Chub Cay
Developer: Chub Cay Club Associates, partly owned by Kaye Pearson, Bob Moss and Walt McCrory, all of Ft. Lauderdale
Acres: 870
Projected Investment: $300 million
Features: 5,000 foot runway with customs and immigration, 219 slip marina, restaurants, dive shop and five bedroom villas
Status: The marina opened in June with about half of trhe palnned slipes. Byuild-out is 18 months away
Website: www.chubcay.com/


ATLANTIS

Location: Paradise Island
Developer: Kerzner International of Paradise Island
Acres: 171
Projected Investment: $1 billion
Features: 2,317 room resort, 7 acre lagoon within a 78 acre "waterscape", a large casino and 63 slip marina
Status: First Two Phases opened in 1994 and 1998. More additions are planed for next year (2007), including 600 hotel rooms, 495 condo units, a dolphin interaction and education center, 30,000 square-foot Mandara spa, and a restaurant by celebrity chef Bobby Flay
Website: www.theresidencesatatlantis.com


RITZ-CARLTON ROSE ISLAND

Location: Rose Island, off Nassau
Developer: Ritz-Carlton Hotel Co. of Chevy Chase, Md.
Acres: 230
Projected Investment $900 million
Features: Hotel, 300 slip marina, condominiums, townhouses, and estate homes
Status: Developmers received government approval in 2005. Opening is set for 2009
Website: www.ritzcarlton.com/resorts/rose_island


BAHA MAR

Location: Cable Beach, New Providence
Developer: Baha Mar Resorts, a joint venture between Harrah's Entertainment and Starwood Hotels and Resorts Worldwide
Acres: 1,000
Projected Investment $1 billion
Features: 1,000 room Caesars Resort, Westin and Sheraton hotels, 95,000 square-foot casino, Jack Nicklaus golf course, eco-water park attraction and cherf-branded restaurants
Status: Developers received government approval in 2005. Construction is expected to begin in 2007
Website: www.bahamar.com


Royal Island

Roger Staubach, former Hall-of-Fame quarterback for the Dallas Cowoys, along with Jack Nicklaus, and Cypress Equities, developer of the planned Royal Island in the Bahamas, has announced that the high-end private resort will be the site of the first Jack Nicklaus Golf Club.

Royal Island is a 430-acre uninhabited island approximately 190 miles east of Miami near Harbor Island and Eleuthera Island. Cypress Equities, the development affiliate of The Staubach Company, a global real estate advisory firm founded in 1977 by NFL Hall-of-Fame quarterback Roger Staubach, announced in May its purchase of Royal Island. It plans to develop an ultra-luxury resort and private club residential community. In addition to private residences and homesites, and the golf club, a 200-slip marina and a boutique hotel and spa will be built. There will be 3 beach clubs on the property.

Construction on the Royal Island marina is anticipated to start in early 2007. Construction will begin on the golf course, as well as the hotel and homes, by mid-2007.

Websites: Royal Island Website

The ruins of the W.P. Stewart house at Royal Island, which date back to the 1930's, have been cleared and landscaped, in preparation for the infrastructure of the development.


CURRENT CLUB

Current Club Villas, Restaurant and Marina
Location: Current Cut, North Eleuthera
Developer: Island Development Group, of Palm Beach, Florida; Founder & President Michael Lopez and Ali Kas. Development Team composed of Mark Klosky, David Ingle, Steven Jones, and Mr. Marc Mirbod; also currently developing a 125 acre project in Palm Coast , Florida
Acres: 6
Projected Investment: $12 million
Features: An upscale resort/residential community complete with 34 condominium hotel units and villas, marina, restaurant and upgrading of the existing dock. The villas will consist of two and three bedroom units furnished on the inside with tropical hardwood trim, marble, stone and a mahogany finish. Bahamian artwork will highlight the décor of the room. Amenities will include swimming pools, fitness room, business centre and a game room.
Status: Ground has been broken, and construction started
Website: www.eleuthera.com/currentclub.html


SKY BEACH CLUB

Location: Governors Harbour, Eleuthera
Developer: Partnership of Pinnacle Development Partners, LLC and David Sklar of KRA, Inc. Pinnacle Development Partners
Acres: 22
Projected Investment
Features: One of the only developments moving forward in the Bahamas, this 35 Resort Homes is designed by David Sklar, clubhouse pool, beach
One-story, split level and two-story homes that are available all come with 25 hours of private jet service through Flight Options, LLC. These homes have a beautiful view of the Atlantic Ocean and cascade down so every home has a view. These homes are 3,060-3400 square feet and are priced from $2.7- $3.7 million. All of the homes come fully furnished and all appliances are brand name (Viking/Hansgrohe). Sky Beach even offers a grocery service, so when you arrive to your home you can immediately start relaxing. You will be able to go online and order the items you need and upon your arrival they will be there waiting for you. The entire property will be wireless internet and each home will come with a computer. There will be a restaurant in the main club, where we have just signed on the head chef of Atlantis’ NOBU to be our Food and Beverage manager for the entire property, and a Tiki bar & grill on the beach.
Status: Pending final approval (as of Sept 2006)
Website: www.skybeachclub.com


FRENCH LEAVE AND SAVANNAH HILL

Location: Governors Harbour, Eleuthera
Developer: EIC Resorts of State College, Pa.
Acres: 356
Projected Investment $120 million
Features: Park Yatt boutique hotel, two marinas, condominiums, and oceanfront lots selling up to $3.5 million
Status: Developers received government approval in 2004; construction has been delayed (see this story for explanation)
Website: www.frenchleaveresort.com


COTTON BAY

Location: Rock Sound, Eleuthera
Developer: Eleuthera Properties, Ltd.
Acres: 1,500
Projected Investment: $300 million
Features: 114 Home lots, two and three bedroom villas, 32 slip marina and 73 room Starwood Luxury Collections hotle
Status: Approved by the government in 2004, the hotel will open in 2007
Website: www.cottonbayeleuthera.com


POWELL POINT at CAPE ELEUTHERA

Location:
Developer: Richard M. DeVos family of Grand Rapids, Michigan. The DeVos family’s principal business is Alticor Inc., the parent company of Amway Corporation
Acres: 700
Projected Investment
Features: Estate homes, beach villas, town homes, marina
Status: Currently under construction
Website: www.capeeleuthera.com


FLAMINGO POINT

Location: Arthurs Town, Cat Island
Developer: Barry Beschel
Acres: unknown
Projected Investment: unknown
Features: Oceanfront Lots
Status: 80% sold
Website: www.catislandlandproperty.coml


CRYSTAL MOUNT LIMITED RESORT

Location: South Cat Island
Developer: Crystal Mount Limited, and a memberof the Royal Family of Qatar
Acres: 500
Projected Investment: $26 million
Features: Plans include a "Monte Carlo-styled casino," 250-room hotel, 75 villas and at least 100 estate lots; low density" and "eco-friendly,.
Status: Government Approved in January 2006
Website: www.jonesbahamas.com/?c=45&a=7028


EMERALD BAY RESORT


FEBRUARY POINT

Location: Great Exuma
Developer: February Point Resort Estates Ltd.
Acres: 700
Projected Investment:
Features: Restaurant, laundry services, fitness center, and a fully computerized business centre with secretarial services and Internet connection.luxuriously appointed Club House, lots for sale
Status: Open, and expanding with continued selling of lots
Website: www.februarypoint.com


RUM CAY RESORT MARINA

Location: Rum Cay
Developer: Montana Holdings of Nassau
Acres: 900
Projected Investment: $700 million
Features: New Airport Terminal, and hangar, 80 slip marina, hotel and marina village
Status: Approved by the government in 2004, the marina and marina vilage are scheduled to open next year (2007); build-out is scheduled for 2011
Website: www.rumcay.com


MAYAGUANA

Location: Mayaguana
Developer: Bahamian Government and "I Group" of Boston
Acres: 10,000
Projected Investment: $1.8 billion
Features: Plans include expansion of the former U.S. Air Force base at Abraham's Bay to include "the world's longest runway" and a trust fund put aside by the developer to finance infrastructure and public services in the Bahamian-occupied portions of the island
Status: Final Plans not approved


BONDS CAY

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

Website:Forbes Magazine Article


OTHER

Location:
Developer:
Acres: 700
Projected Investment
Features:
Status:
Website:


OTHER

Location:
Developer:
Acres: 700
Projected Investment
Features:
Status:
Website:


OTHER

Location:
Developer:
Acres: 700
Projected Investment
Features:
Status:
Website:


Atlantis

Swim with Dolphins

Junkanoo

Powerboat Adventures

Pirate's Museum

Shark Diving

Nassau/Paradise Island Website

Nassau Guardian

Hartley's Underwater Seawalk

The Crickety Club Bar

Ardastra Gardens

Shark Diving

The Cloisters

Bahamas Biking/Birding Tours

Sacred Space Tree Sculptures

Atlantis

Swim with Dolphins

Junkanoo

Powerboat Adventures

Pirate's Museum

Shark Diving

Nassau/Paradise Island Website

Nassau Guardian

Hartley's Underwater Seawalk

The Crickety Club Bar

Ardastra Gardens

Shark Diving

The Cloisters

Bahamas Biking/Birding Tours

Sacred Space Tree Sculptures

Atlantis

Swim with Dolphins

Junkanoo

Powerboat Adventures

Pirate's Museum

Shark Diving

Nassau/Paradise Island Website

Nassau Guardian

bahamas bahamas developments Bimini atlantis Rose Island Nassau development Bakers Bay Abaco Club Valentines Harbour Island Eleuthera Condos Club Med Eleuthera Cotton Bay Eleuthera Cape Eleuthera Bahamas yachts Cat Island Property Cat Island Real Estate Cat Island Real Estate Rum Cay Real Estate Exumas Real Estate eleuthera development