Grand Bahama Bay
Bahamas
 
GRAND BAHAMA BAY

Grand Bahama Bay is a master-planned, mixed-use resort community that is partially-developed with substantial in-ground infrastructure in place. Occupying nearly 2,000 acres in West End, Grand Bahama Island the property includes an existing, cash-flowing resort and marina, plus other improvements and $200 million of infrastructure to benefit future development. Grand Bahama Bay is being marketed collectively, however multiple parcels may be sold to multiple developers, depending on investor interest. An agreement exists between the Bahamian Government and the Developer with entitlements that include approvals for an additional 1,085 residential units, condominium/hotel units and an American style casino.

 

The unique opportunity at Grand Bahama Bay includes the existing Old Bahama Bay Resort & Yacht Harbour (73 oceanfront suites, a 72-slip marina, two restaurants and resort amenities), the privately-owned West End Airport, a substantially complete golf course, three nearly-completed beach clubs, a formal entry gate and guard house, plus approximately 584 finished residential lots, three prime hotel sites and a casino/hotel site. Additional improvements include a mega-yacht wall and infrastructure as part of a to-be-built second marina with 6.8 miles of canals cut through coral and limestone; 7.5 miles of concrete streets and curbs, solar lighting, underground utilities, a modular sales center, construction headquarters, reverse osmosis plant and water storage facility, plus 1,000 acres of developable land.

 

With an active cruise ship port and the world’s largest privately-owned international airport, nearby Freeport has grown to become the Bahamas’ second largest city. Nearly six million people visit the Bahamas each year, collectively spending approximately $2 billion annually. Grand Bahama Island is the second most visited of all the Bahamian islands.


 

To view other Golf & Resort investment opportunities,
please visit
www.cbre.com/golfandresort


 


Exec Vice President
CBRE
+1 (760) 438-8530
Senior Vice President
CBRE
+1 (305) 381-6448
Senior Underwriter
CBRE
+1 (760) 438-8536