A New $250 Million Real Estate Project in The Bahamas
By the Caribbean Journal staff
The Bahamas’ surging development pipeline continues to grow, with another major new project set for its tourism hub of Paradise Island.
The more than $250 million Hurricane Hole Marina project is the newest by Sterling Global Development, a mixed-use development that will include an expansion of the iconic marina, a pool, two restaurants, a bank, a gourmet market, office space all centered around a collection of residences.
The first residential component of the project will be Sterling Commons, a collection of eight two-bedroom units and four one-bedroom units.
They’re designed by architect Russel Fleisher, who said his vision for the units was inspired by luxury yacht design.
Every residence will have views of the Hurricane Hole Marina and Nassau Harbor.
The biggest perk? Owners will have the option to join the Ocean Club on Paradise Island, with access to the championship 18-hole golf course, clubhouse and the beach and tennis club.
The updated marina will include fitness facilities, an on-demand concierge, a fuel dock and the ability to accommodate yachts in excess of 200 feet.
It’s the latest regional development for Sterling, which also has projects underway in Nassau, Eleuthera and Abaco.
It joins several other high-profile real estate projects in Nassau, from the recently-completed One Ocean to the $250 million Margaritaville development at The Pointe downtown Nassau.
And it’s another big project for The Bahamas, which continues to sizzle as a destination.
For more, visit Sterling.
— CJ
