SuperyachtNews.com - Business - Hurricane Hole Superyacht Marina begins construction

By SuperyachtNews

Hurricane Hole Superyacht Marina begins construction

The superyacht marina at Paradise Landing, Bahamas, is scheduled for completion in Q4 2021…

Construction has begun on Hurricane Hole Marina on Paradise Island. Renamed, Hurricane Hole Superyacht Marina at Paradise Landing, the facility has been completely reimagined to include luxury residences, retail services, dining and a variety of amenities designed for owners, guests and crew. The completion of the marina is scheduled for Q4 2021.

“This will be a new dimension in yachting in The Bahamas, and luxury living on Paradise Island,” comments David Kosoy, executive chairman and founder of Sterling Global Financial, the project’s developer, manager and owner. “With great respect for Hurricane Hole’s place in the rich history of Paradise Island and the Bahamas, we are committed to restoring this famous marina into a premier yachting destination and a place for the community to enjoy.”

Envisioned by a team of development experts, architects and designers, the restored marina will feature a combination of floating and fixed concrete docks, luxury dockside residences, dining options, waterfront bars, a grocery store, executive office space and a variety of essential services. A separate pool, lounge and gym facilities will also be available for yacht captains and crew.

“We’re extremely proud that this project is making a significant contribution to job creation and economic opportunities for many Bahamian businesses. We appreciate the support from the Bahamas government to make it happen,” says Khaalis Rolle, president of Sterling Advisory Services and former Bahamas minister for state investments. “This project is extremely good for Bahamas tourism and will employ a tremendous number of workers while creating long-term value for the Bahamian tourism brand.”

As the superyacht market matures and becomes increasingly global, the development of superyacht standard luxury facilities is vital to its ongoing success. As the vessels themselves become larger and more complex, the level of services and amenities excepted of marinas around the globe also increases.

Join the discussion

Hurricane Hole Superyacht Marina begins construction

31952

To post comments please Sign in or Register

When commenting please follow our house rules


Click here to become part of The Superyacht Group community, and join us in our mission to make this industry accessible to all, and prosperous for the long-term. We are offering access to the superyacht industry‚Äôs most comprehensive and longstanding archive of business-critical information, as well as a comprehensive, real-time superyacht fleet database, for just £10 per month, because we are One Industry with One Mission. Sign up here.

Related news

Image for Co-creation and the exploration of values

Co-creation and the exploration of values

Oceanco reflects on 2020 and explores the solution to one of yachting's most prominent challenges 

Business

Image for Data is king

Data is king

How the intelligent gathering and use of data can improve the client experience

Business

Image for The end of French lease finance

The end of French lease finance

James Neocleous of Jaffa & Co. explores the collapse of the leaseback scheme in France and the remaining options

Business

Image for Lürssen talks sustainability

Lürssen talks sustainability

As part of the “50 Sustainability Climate Leaders” project, Lürssen discusses the work being done to protect the oceans

Business

Image for Partnerships, sustainability and well-being

Partnerships, sustainability and well-being

YPI's director, Abdullah Nahar, discusses business development post-acquisition and working life during the pandemic

Business

Image for SeaNet sells fourth co-owned superyacht

SeaNet sells fourth co-owned superyacht

SeaNet announces the sale of MY UNY, a 35m Benetti Mediterraneo for six like-minded owners

Owner

Sign up to the SuperyachtNews Bulletin

The SuperyachtNews App

Follow us on