Iconic Caribbean Resort Site for Sale
By Alexander Britell
One of the most iconic resort sites in the Caribbean is now for sale, Caribbean Journal Invest has learned.
The Half Moon Bay Site in Antigua, which had previously been the site of a planned Rosewood resort development, is now on the market.
The Half Moon Bay site occupies around 132 oceanfront acres in Antigua’s Saint Philip Parish, on the island’s southern coast.
The Miami-based team at CBRE Hotels has the listing on the property, led by managing director and executive Vice President Jeff Woolson.
Dating back to the 1950s, the former Half Moon Bay hotel became a jet-set destination before it was ultimately destroyed in a hurricane in 1995.
The property had until recently been pegged for a Rosewood resort development that would have included a 47-room luxury boutique hotel, 44 branded for-sale villas, eight for-sale beachfront villas and another 17 estate home sites as part of a broader residential resort community.
The hotel units would have been pavilion-style suites, each of which was slated to have private plunge pools, open-air bathrooms and live orchid walls in each bathroom.
Architectural design elements, which were created by OBMI, were envisioned to reflect Caribbean history with a classic, timeless feel, coupled with modern amenities and services.
A memorandum of understanding on the property still exists with the government of Antigua and Barbuda that includes several economic incentives.
“In addition to being one of the most picturesque sites in the Caribbean, there is complete flexibility as it relates to the development,” Woolson tells Caribbean Journal Invest.
CBRE Hotels has handled some of the most high-profile transactions in the Caribbean in recent years.