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A BAHAMAS LUXURY RESORT DESTINATION<br />

EXECUTIVE<br />

SUMMARY<br />

PREPARED BY:<br />

South Abaco Land Development Company<br />

NOVEMBER 2018 | CONFIDENTIAL


WELCOME HOME<br />

Imagine the most beautiful location on earth. A place<br />

designed by nature to change the way you feel forever.<br />

Now imagine a lifestyle that transforms your idea<br />

of luxury, filled with meaningful living, dining and<br />

recreation, crafted with a sustainable vision that<br />

weaves together seamlessly the natural beauty<br />

surrounding you. Where health, prosperity and legacy<br />

serve as the centerpiece for you and your family. This is<br />

the first of its kind in the world…luxury at its best.<br />

The focal point of a life well lived.<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

3


THE VISION<br />

OVERVIEW<br />

In the language of Abaco’s original inhabitants, the<br />

Lucayan Indians, Seneca <strong>Kakona</strong> means, “Many<br />

Blessings.” That is exactly what <strong>Kakona</strong> offers. Blessings<br />

from the beauty of the Bahamas, a renewed sense of<br />

well-being, and a life, well lived.<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

The white sand beach. The untouched landscape. The<br />

Azure Blue Water stretching for miles in any direction.<br />

A casual ride on horseback with a beach to yourself. A<br />

memory so strong that your heart begs you to return.<br />

An experience that can only be found at <strong>Kakona</strong>.<br />

To create a place, rich with influences of British heritage and times<br />

long since past, that acts to accentuate what is the Bahamas…<br />

The creation of a place so private that it captures your heart and<br />

spirit allowing you to forget you are only minutes from Marsh Harbor<br />

and a few hours from a hurried lifestyle…<br />

A place so naturally peaceful, serene and untouched that every<br />

moment is a captured image never to forget…<br />

Our Vision for <strong>Kakona</strong> is to offer the romance and serenity of a place<br />

with unparalleled privacy, so special, a beachfront legacy property,<br />

so rare, that only a few will be able to avail themselves of its natural<br />

elegance. For those who are accustomed to this lifestyle, the<br />

romance and subtle island culture will capture your spirit.<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

From the Grand Lodge at Conch Sound and its staff waiting to serve<br />

you, to your private residence, the endless pristine beaches with the<br />

prints of the sea birds that visited earlier that morning, the Grand<br />

Anna Resort and Golf Club at High Bank Bay, the quiet Balinese<br />

Bungalow, or the energy that emanates from Leeward Harbor, we<br />

anticipate your arrival with great pleasure and expectation.<br />

5


WELCOME TO<br />

THE ABACOS<br />

The Abaco Islands,<br />

A Unique Caribbean Destination<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

The Islands of The Bahamas<br />

Welcome to The Abacos. Calm waters, warm<br />

breezes and panoramic beauty make this 120-<br />

mile–long chain of islands a boating and sailing<br />

paradise. Abaco’s vibrant wildlife includes over<br />

138 migratory species which return to the island<br />

every year. The Abaco Parrot is a brightly colored<br />

native species. Historically, these parrots were<br />

found on several different Bahamian islands;<br />

Today, they are found only on Abaco and Great<br />

Inagua Islands. Abaco’s diverse wildlife is<br />

accentuated by the legacy of the Abaco Barb, a<br />

historically and genetically significant sub-breed<br />

of the Colonial Spanish Horse. The Abaco Barb,<br />

extinct since 2015, now lives on as a symbol of<br />

The Abacos.<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

The Bahamas are comprised more than 700<br />

picturesque islands and 2400 cays, most<br />

uninhabited, and all fringed by spectacular coral<br />

and fathomless ocean trenches. This stunning<br />

string of subtropical islands lies just 45 minutes<br />

east from the coast of Florida, amidst the clear<br />

blue waters of the Atlantic Ocean. From worldclass<br />

sportfishing, to exploring reefs, forests,<br />

and historic towns, there’s an astonishing array<br />

of adventures to be experienced, all within an<br />

hour’s flight.<br />

7


THE FACTS<br />

Overview<br />

Location<br />

• Great Abaco Island, The Bahamas<br />

Land Area<br />

• Estimated 981 +/- Acres<br />

Beach Frontage / Shoreline<br />

• Over 11,000 lineal feet of property frontage<br />

• Over 10 miles adjacent for your<br />

personal use<br />

Highest Elevation<br />

• 80 feet at High Bank Bay<br />

Condition of Title<br />

• Government Approval - 2008<br />

• Amended with Government Approval - 2017<br />

• Fee simple & Clear Title, and Unencumbered<br />

Limited Competitive Supply<br />

There is no other property in the Bahamas that can offer what is being presented at <strong>Kakona</strong>. No where<br />

in the Bahamas or the Caribbean can an investor or residential buyer purchase an estate parcel at this<br />

price, with the beach frontage being offered, on a renewable and sustainable development with full 5 star<br />

concierge services and amenities provided. Not to mention, the privacy and security afforded from being<br />

surrounded by 22,000 acres of Bahamas National Park land providing a remote and secluded destination<br />

tucked away, only one hour from Florida and a couple of hours from other major US cities<br />

Tax Incentives<br />

• No income tax<br />

• Friendly banking environment<br />

• Extensive permanent and recurring development incentives available under the Bahamas Hotel<br />

Encouragement Act and as part of the Heads of Agreement.<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

Status<br />

The Development<br />

Conch Sound Point<br />

• 66 Estate Lots<br />

• The Grand Lodge with 8-2 bdrm suites and 26 Bungalows<br />

• The Anacona 15 hole <strong>Executive</strong> Course<br />

High Bank Bay<br />

• 96 Estate Lots<br />

• 123 Garden Homes<br />

• 13 Private Beachfront Villas<br />

• The Grand Ana Resort and Golf Club<br />

• 125 Private Bungalows<br />

• 19 Over the Water Bungalows<br />

• 10 Private Island Villas<br />

• The Longevity and Wellness Center<br />

with 60 Villas<br />

Leeward Harbor<br />

• 220 slip Harbor (20’ to 200’)<br />

• 42 Key Harbor House Boutique Hotel<br />

• Retail and Public Strand along the Harbor<br />

• 76 Beach front, Harbor front and Interior Bungalows<br />

• 74 Townhomes<br />

• 23 Lofts over Retail<br />

• 36 Harbor Front Condos<br />

Benefits<br />

• Less than 15% density upon completion.<br />

• The entire development is dedicated to the preservation<br />

of the Abaco Parrot and other migratory species through<br />

select landscaping and implementation of other<br />

conservation measures.<br />

• Committed to the preservation and restoration of the<br />

Abaco Lighthouse and the Ruins that exist within the<br />

development<br />

• Economic prosperity to South Abaco.<br />

• Estimated to create and provide 400 construction related<br />

and permanent jobs.<br />

• Increased tourism<br />

• Increased revenue for Abaco and the Government<br />

Additional Facts<br />

• Over 980 acres of natural beauty.<br />

• Home to the Abaco Parrot.<br />

• Surrounded by 22,000 acres of Bahamas National Trust<br />

Land dedicated as the Abaco National Park.<br />

• Over 10 miles of pristine and protected beach.<br />

1. Land Acquisition - Conch Sound Point & High Bank Bay<br />

2. Land Acquisition - Leeward Harbor<br />

3. Government Approvals (Amended)<br />

4. Government Approval of Development Amendments<br />

5. Bahamas National Trust Coordination<br />

6. Heads of Agreement (Amended)<br />

7. BEST Commission Review<br />

8. Environmental Impact Assessment (Amended)<br />

9. Conch Sound Point Conveyance (300 ac)<br />

10. High Bank Bay Conveyance (400 ac)<br />

11. Leeward Harbor - Boundary Survey and Topographic Map<br />

12. Access Roads - Field Survey and Design<br />

13. Subdivision Approval<br />

14. Architectural Approvals<br />

15. Infrastructure Approvals<br />

• Exterior / Interior Roads<br />

• Utility Infrastructure<br />

Schedule<br />

Design to CD’s: Planned to start 1st Quarter 2019<br />

Phase 1 Infrastructure: Planned to start 2nd Quarter 2019<br />

Complete<br />

Under Contract<br />

In Progress<br />

In Progress<br />

In Progress<br />

In Progress<br />

In Progress<br />

In Progress<br />

Complete<br />

Complete<br />

Complete<br />

In Progress<br />

Not Submitted<br />

Not Submitted<br />

Not Submitted<br />

Not Submitted<br />

Phase 1 Construction: Planned to start 4th Quarter 2019<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

9


THE PROPERTY<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

Conch Sound Point (300 ac) and High Bank Bay (400<br />

ac) were optioned in 2007. Application was made<br />

to the Government of the Bahamas that same year<br />

for permission to purchase both tracts. Permission<br />

was granted by the Bahamas Investment Authority.<br />

Subsequently, in August of 2007, a team of professionals<br />

was assembled to begin the design process for what<br />

we thought then was going to be the Resorts of South<br />

Abaco. The acquisition of the parcels was completed<br />

in 2008 and our work continued towards an approval<br />

which was received in December of that year. The<br />

economic downturn in 2008, along with the very detailed<br />

administrative process for land and construction<br />

development in the Bahamas, prevented us from<br />

proceeding, until now.<br />

This delay was actually a blessing. It afforded us time<br />

to regroup, rethink and shape our development into<br />

something truly unique for this property. It also allowed<br />

us to add another key parcel and element to the overall<br />

resort masterplan, that being Leeward Harbor and its<br />

ideal location at the western tip of Abaco.<br />

Lastly, and probably the best kept secret, is that <strong>Kakona</strong><br />

offers to those that choose to take part, the opportunity<br />

to enjoy over 10 miles of white sand beach and the<br />

serenity and peace afforded with being surrounded by<br />

over 22,000 acres of Bahamas National Trust land.<br />

<strong>Kakona</strong> is truly positioned to be a<br />

world-class destination.<br />

11


CONCH SOUND POINT<br />

The Lodge at <strong>Kakona</strong> is complemented by its 8 two bedroom suites, 26<br />

luxury bungalows and 66 residential parcels, ranging from 2.2-6.5 acres.<br />

Residential parcels include beach front lots, ridge view beach access,<br />

and the larger Preserve Estate lots. The Lodge provides full resort-style<br />

amenities, concierge services, several dining options, a spa and fitness<br />

center, bowling alley, basketball courts, tennis courts, and a private pool.<br />

Guests are provided full concierge services throughout the property.<br />

SITE PLAN<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

1<br />

6<br />

9<br />

9<br />

8<br />

2<br />

7<br />

8<br />

4<br />

5<br />

7<br />

3<br />

LEGEND 1. Entry Driveway<br />

2. Lodge<br />

3. Beach<br />

4. Grand Lawn<br />

5. Lagoon<br />

6. Golf<br />

7. Ocean<br />

Residential<br />

8. Ridge<br />

Residential<br />

9. Preserve<br />

Residential<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

13


CONCH SOUND POINT<br />

THE LODGE<br />

AT KAKONA<br />

From the moment you arrive, the warm breezes and<br />

historic charm of South Abaco welcome you home.<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

15


CONCH SOUND POINT<br />

THE LODGE<br />

AT KAKONA<br />

As guests enter our pristine oceanfront property, they<br />

are first greeted by The Lodge at <strong>Kakona</strong>. This 52,000 SF<br />

structure offer stands as the symbolic center of the Conch<br />

Point residences.<br />

The Lodge at <strong>Kakona</strong> provides residents with a wide range<br />

of resort-style amenities, white-glove concierge services,<br />

lodging options, entertainment and leisure activities, as well<br />

as a variety of gourmet dining options. The lodge’s pool and<br />

cabanas welcome sunbathers to bask in the warm<br />

Caribbean sun.<br />

12 Cottages<br />

(1 Bedroom, 950 SF)<br />

8 Lodge Suites<br />

(2 Bedroom, 1650 SF)<br />

ACCOMMODATIONS<br />

8 Hillside Bungalows<br />

(2 Bedroom, 1,800 SF)<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

Overnight guests may choose to stay in one of the luxurious<br />

lodge suites, an exotic beach bungalow, a private hillside<br />

bungalow, or one of the secluded cottages.<br />

6 Beach Bungalows (2 Bedroom, 1,800 SF)<br />

AMENITIES<br />

Dining and Lounge:<br />

Recreation and Entertainment:<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

• Owner’s / Members Area<br />

• The Lodge Bar & Grill, Lounge<br />

• Garden Dining Room and Terrace<br />

• Owner’s Wine Storage<br />

• Beach Bar & Grill<br />

• The Lodge Cafe<br />

Wellness and Fitness:<br />

• Fitness Gym<br />

• Spa Therapy<br />

• Yoga Mind-Body Studio<br />

• Exercise Terrace<br />

• Locker Rooms<br />

• Sauna & Steam Rooms<br />

• Swimming Pool<br />

• Private Cabanas<br />

• Jacuzzi<br />

• Fire Pit<br />

• Bocce<br />

• Bowling Alley<br />

• Basketball Court<br />

• Tennis Court<br />

• Private Theater<br />

• Water Craft Pavilion<br />

• Meditation Deck<br />

• Beach Palapa (Gazebo)<br />

17


CONCH SOUND POINT<br />

KAKONA BEACH CLUB<br />

Located along the golden shore of Conch Point, the <strong>Kakona</strong> Beach Club<br />

offers luxurious oceanside dining, entertainment, as well as a private pool<br />

where residents gather to watch the sunset over South Abaco.<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

THE WATER VILLAS<br />

The Water Villas, just steps away from the <strong>Kakona</strong> Beach Club, are one<br />

of the most enchanting lodging options for guests. Each Villa features its<br />

own private deck over the water, and an infinity edge pool.<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

19


CONCH SOUND POINT<br />

THE POLYNESIAN RESIDENCE<br />

The Polynesian Residence is a stone, teak, timber and glass compound<br />

set in a beach setting with beautiful landscaping, organic gardens,<br />

orchards and open grass fields.<br />

THE MEDITERRANEAN RESIDENCE<br />

The Mediterranean Residence is a stone, stucco,timber and glass<br />

compound set in a tropical setting with lush landscaping, organic<br />

gardens, citrus orchards and vineyards.<br />

Features:<br />

• 8 Bedrooms<br />

• 11 Bathrooms<br />

• 15,435 A/C SF<br />

• Courtyard Pool<br />

• Great Room with fireplace<br />

• Gourmet Kitchen<br />

• Wine Cellar<br />

• Theater<br />

• Library<br />

• Staff Quarters<br />

Features:<br />

• 10 Bedrooms<br />

• 14 Bathrooms<br />

• 20,369 A/C SF<br />

• (2) 1,000 SF Guest Suites<br />

• (2) 650 SF Bungalows<br />

• Courtyard Pool<br />

• Great Room with fireplace<br />

• Gourmet Kitchen<br />

• 1,000 Bottle Whisper Cool Wine<br />

Wall<br />

• Library<br />

• Staff Quarters<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

21


HIGH BANK BAY<br />

The Grand Ana Resort and Spa is the focal point of <strong>Kakona</strong>.<br />

Guests can experience the 18-hole ocean front golf course<br />

designed by David Mclay Kidd, rejuvenate their mind<br />

and body at the Longevity and Wellness Center, or enjoy<br />

gourmet, ocean-view dining from Grand Ana’s specialty<br />

restaurants. The Grand Ana Hotel provides exotic lodging<br />

options with its over the water villas, beach and hill top<br />

bungalows, and cottages. If this is not enough, than the<br />

purchase of a residence or lot may be your solution. With<br />

over 200 lots to choose from, <strong>Kakona</strong> has something for you.<br />

5<br />

6<br />

LEGEND 1. The Grand Ana Golf<br />

Course<br />

2. The Grand Ana Resort +<br />

SPA<br />

3. Over the Water<br />

Bungalows<br />

7<br />

4. The <strong>Kakona</strong> Longevity<br />

Center and SPA<br />

5. Short Game Academy<br />

Area<br />

6. Practice Area<br />

7. Sports Recreation<br />

Center<br />

8<br />

9<br />

SITE PLAN<br />

8. Resort Operations + BOH<br />

9. Garden Villas<br />

10. Resort Residential<br />

11. Golf + Beach Club<br />

12. Private Beachfront<br />

Enclave<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

9<br />

9<br />

4<br />

10<br />

10<br />

2<br />

10<br />

3<br />

12<br />

1<br />

11<br />

3<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

23


HIGH BANK BAY<br />

THE GRAND ANA RESORT<br />

AND RESIDENCES<br />

The Grand Ana Resort, overlooking Barque Bay on Abaco’s Eastern<br />

shore, presents our guests with an experience like no other.<br />

Complemented by 128 private cottages, villas, and bungalows, the<br />

hotel more than accommodates the most discerning visitor.<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

25


HIGH BANK BAY<br />

THE GRAND ANA RESORT<br />

AND RESIDENCE<br />

The Grand Ana Resort and it’s accompanying facilities<br />

are designed to promote a lifestyle of wellness and<br />

longevity. The resorts’ hotel includes 128 guest rooms, with<br />

accommodation options ranging from standard guest suites,<br />

private cabanas, and two-story villas.<br />

Boutique Hotel /<br />

Recording Studio<br />

ACCOMMODATIONS<br />

Longevity Center at <strong>Kakona</strong><br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

Golf enthusiasts will delight in the 18-hole Grand Ana Golf<br />

Club At <strong>Kakona</strong> which features panoramic ocean vistas<br />

designed by David Mclay Kidd. The Grand Ana presents<br />

even the most seasoned golfers with a memorable and<br />

challenging experience<br />

The Grand Ana Resort includes a state-of-the-art recording<br />

studio with 8 guestrooms (800 SF) all of which include a<br />

private terrace and a dedicated path to the main recording<br />

studio (2,520 SF). The natural beauty of South Abaco<br />

provides a powerful and inspirational setting for an artist in<br />

search of a destination recording session.<br />

Deluxe Cottages<br />

2 Story Villas<br />

2 Story Villas<br />

The architecture coupled with miles of untouched beach and<br />

the sunrises that only Abaco has to offer make The Grand Ana<br />

Resort a must see.<br />

The Grand Ana Hotel<br />

AMENITIES<br />

Dining and Lounge:<br />

• Destination Specialty Restaurant<br />

• Grand Ana Café Bar & Lounge<br />

• Waterside Beach Grill<br />

• Conference / Banquet Facilities<br />

Guestrooms:<br />

• 90 Standard Guest Suites (700 SF)<br />

• 6 Superior Suites (2,800 SF)<br />

• 24 Cabanas (1,400 SF)<br />

• 8 Recording Studio Suites (800 SF)<br />

Wellness and Fitness:<br />

• The Longevity Center at <strong>Kakona</strong><br />

• Fitness Gym<br />

• The Grand Ana Spa<br />

• Private Spa Therapy Cottages<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

27


HIGH BANK BAY<br />

THE GRAND ANA GOLF<br />

COURSE AT KAKONA<br />

David McLay Kidd has used his talents and global experience in Golf Course<br />

design to create what will become a show piece and cornerstone in the<br />

annals of golf. That’s a bold statement considering the nearby competition.<br />

David and his team have masterfully prepared <strong>Kakona</strong> so that it touches the<br />

ocean on nine holes with the 15th through the 18th capturing the energy<br />

from the ocean and conveying it into the field of play all while creating a<br />

canvas of shear beauty for those not playing to absorb and experience. The<br />

nine interior holes, lessor by no means, bring the natural beauty of south<br />

Abaco into play while combining with strategic water features for delivery<br />

of a full golf experience and effect. The executive course at Conch Sound<br />

Point, built as a private use facility for those owners and guests of Conch<br />

Sound only, weaves a beautiful tapestry into the interior that otherwise<br />

would not exist. Tied directly to the <strong>Kakona</strong> Lodge, this experience is one<br />

that only a few will be able to experience.<br />

DAVID MCLAY KIDD<br />

Professional Golf Course Designer<br />

Born and raised in Scotland, son of a Golf Course Superintendent, David<br />

has been around golf his entire life and not just any golf but the oldest<br />

and finest courses in the world. As the son of a superintendent he saw<br />

‘behind the curtain’ what made these courses stand the test of time, what<br />

intrigued generations of Scottish golfers.<br />

For almost 10 years David has traveled the world assessing sites for golf,<br />

working with the Market Analyst’s, Master planners, Architects, Engineers,<br />

Ecological Consultants, Landuse and Planning Attorneys and every other<br />

consultant involved in the development process. This insight gave David<br />

the last vital piece he needed for his education, what the development<br />

process looks like from the client’s perspective.<br />

The Grand Ana Golf Course<br />

At <strong>Kakona</strong><br />

HOLE 1 2 3 4 5 6 7 8 9 OUT 10 11 12 13 14 15 16 17 18 IN TOTAL<br />

Black Tees 450 325 500 240 580 195 535 475 355 3655 440 580 210 360 495 390 405 220 600 3700 7355<br />

Blue Tees 414 299 460 221 534 179 492 437 327 3363 405 534 193 331 455 359 373 202 552 3404 6767<br />

White Tees 383 276 425 204 493 166 455 404 302 3107 374 493 179 306 421 332 344 187 510 3145 6252<br />

Green Tees 351 254 390 187 452 152 417 371 277 2851 343 452 164 281 386 304 316 172 468 2886 5737<br />

Red Tees 315 228 350 168 406 137 375 333 249 2559 308 406 147 252 347 273 284 154 420 2590 5149<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

PAR 4 4 4 3 5 3 5 4 4 36 4 5 3 4 4 4 4 3 5 36 72<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

29


KAKONA HARBOR<br />

3<br />

1<br />

17<br />

4<br />

2<br />

6<br />

5<br />

8<br />

LEGEND<br />

1. Flushing Pipe<br />

2. Air Craft Staging<br />

3. Harbourside Villas<br />

4. Marginal Docking<br />

5. FBO/Customs House<br />

6. Commercial/Enerprise Facility<br />

7. Sport Fish<br />

SITE PLAN<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

8. Staging+Containers<br />

9<br />

10<br />

9. Dry Storage<br />

10. Central Receiving +BOH<br />

11. Flats/Small Fishing Boat Staging Docks<br />

12. Super Yacht Docks<br />

13. Signature Restaurant<br />

14. Sport Fish Docks (60-80)<br />

7<br />

11<br />

15. Harbour House Boutique Hotel<br />

16. Harbour Village Mixed-Use<br />

17. Beachfront Bungalows<br />

15<br />

16<br />

14<br />

13<br />

12<br />

The Harbor, located on the leeward side of the island, is<br />

a vibrant town, complete with shopping and dining. The<br />

Harbor House, a 42-key boutique hotel, perched on the most<br />

western tip of South Abaco, is complemented by a taste<br />

of quaint villas and harbor residential product. With 200<br />

slips and dockage that supports vessels up to 250’, <strong>Kakona</strong><br />

Harbor will be a sought after destination. The Aerodrome<br />

is an expansion of an existing airfield which enables it<br />

accommodate private jets and turboprops. Both facilities<br />

include port of entry with on-site customs service for<br />

expedited entry and exit of the Bahamas.<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

31


KAKONA HARBOR<br />

THE HARBOR<br />

HOUSE HOTEL<br />

The Harbor House hotel provides lodging<br />

for guests arriving by boat, or by plane<br />

from the adjacent <strong>Kakona</strong> Aerodrome. The<br />

Harbor House’s 42 guestrooms (980 SF) are<br />

conveniently located steps away from the<br />

vibrant lifestyle of The Harbor’s dining and<br />

shopping. The 110 seat Mariner’s Cafe & Bar is<br />

the perfect place to watch the sun meld into<br />

the Atlantic Ocean after an exciting day of<br />

sportfishing or sightseeing.<br />

THE KAKONA<br />

AERODROME<br />

The airport at <strong>Kakona</strong>, located on the western<br />

tip of south Abaco and directly adjacent to<br />

the Leeward Harbor, offers the convenience<br />

of Port of Entry Customs and Immigrations<br />

services to our guests and owners. A short<br />

golf cart ride to the Harbor or less than fifteen<br />

minutes to all that <strong>Kakona</strong> has to offer. With<br />

a 6,000 foot runway, secure plane storage,<br />

fueling services and full service Concierge, our<br />

FBO is here to enhance your experience.<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

THE HARBOR SLIPS<br />

AND AMENITIES<br />

KAKONA AERODROME AND HARBOR<br />

The Harbor at <strong>Kakona</strong> is a multi-purpose harbor capable<br />

of supporting up to a 250’ yacht. With its 42 key Boutique<br />

Hotel, The Harbor House, branded sport fishing facility,<br />

Villas, Bungalows, 220 wet slips and dry stack storage, the<br />

only thing missing is you! The Harbor can accommodate<br />

center consoles to mega-yachts. Whether you are transiting<br />

the Abaco’s for the first time, or a frequent visitor, the allure<br />

of Abaco and <strong>Kakona</strong> will capture your heart and leave you<br />

thirsty for your next taste of paradise.<br />

The Harbor offers safe dockage for virtually<br />

any size vessel. Slips range from 30’ for small<br />

craft to the larger moorings equipped to<br />

handle mega yachts up to 250’. Designed<br />

with experienced maritime enthusiasts and<br />

yacht crews in mind, the Harbor includes a<br />

laundry center, ship’s chandlery, fitness area,<br />

customs and immigration, harbormaster,<br />

marine services, cafes and specialty shops. At<br />

the end of the day, for those perfect sunsets,<br />

the peninsula bar provides the setting for a<br />

memorable experience.<br />

SPORT FISHING<br />

AT ITS FINEST<br />

South Abaco is known throughout the World for<br />

its sport fishing. <strong>Kakona</strong> Harbor is strategically<br />

located at the western tip of South Abaco to<br />

attract those sport fishing enthusiasts transiting<br />

the area from Florida, the northeastern US and<br />

even places farther south. From its branded<br />

fishing / charter facility, our guests can be fishing<br />

deep water in minutes versus hours. If the water<br />

proves to be too rough, no matter, we’ll arrange<br />

an excursion to the leeward calmer waters only<br />

minutes from our harbor to try your hand at fly<br />

fishing and chasing the elusive bone fish. If you<br />

grow tired of the Abaco fishing experience and<br />

long for a new challenge, no problem...we have a<br />

sea plane. Our experienced guides, working with<br />

our Concierge, can tailor a fly out experience, to<br />

other out islands of the Bahamas. Now you can<br />

see what else the Bahamas has to offer through a<br />

private fly fishing excursion.<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

33


THE MARKETPLACE<br />

<strong>Kakona</strong>’s closest competitor is Baker’s Bay, a private club community owned and<br />

developed by the Discovery Land Company. Members are offered the services and<br />

amenities that have become synonymous with the Discovery brand.<br />

Baker’s Bay is located between the Sea of Abaco and the Atlantic Ocean. Baker’s Bay<br />

Golf & Ocean Club is a members-only club community. The 585-acre property features<br />

a Tom Fazio-designed golf course; 6-1/2 miles of beach; a family beach club, three<br />

restaurants; a world-class spa; and high-end residences.<br />

It’s clear that our program we have a few advantages over other Resorts<br />

in the Caribbean:<br />

FINANCIAL PERFORMANCE<br />

DEVELOPMENT<br />

ESTIMATED COST<br />

EST. CONSTRUCTION<br />

JOBS 1<br />

EST. PERMANENT<br />

JOBS<br />

STAMP DUTY<br />

Conch Sound Point $514,345,112 200.00 150.00 $102,400,000 $30,676,259<br />

High Bank Bay $907,505,592 400.00 276.00 $108,172,586 $67,932,229<br />

VAT<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

• Our focus on legacy is unique and highly<br />

valuable to that same audience.<br />

• <strong>Kakona</strong> offers a far better value of property<br />

and density, which is a major selling point for<br />

our ultra-wealthy audiences.<br />

• Hospitality will be supported and enhanced<br />

by the three Boutique hotels and the<br />

unsurpassed and unmatched concierge<br />

services offered to our owners and guests.<br />

• The luxury <strong>Kakona</strong> Spa will provide its owners<br />

and guests with several individual, private spa<br />

suites. Each suite offering a sanctuary that<br />

is sequenced with a treatment experience<br />

unparalleled by no other place on the planet.<br />

• <strong>Kakona</strong>’s 981 acres will offer a world class<br />

David McClay Kidd Golf Course at High Bank<br />

Bay with an <strong>Executive</strong> Course at Conch Sound<br />

Point.<br />

• The Harbor will be capable of handling the<br />

larger mega yachts typically seen transiting<br />

the Abaco’s. This in association with <strong>Kakona</strong>’s<br />

branded sport fishing facility, will truly make<br />

south Abaco the destination.<br />

• Adjacent to the Harbor is an existing airport<br />

with a 4,300 lf hard surface runway. As part<br />

of the development plan and our heads<br />

of Agreement, <strong>Kakona</strong> will build, own and<br />

operate the full service FBO with Port of Entry<br />

Customs and Immigration services on site, as<br />

well as a plane parking and storage area of<br />

approximately 10 acres in size and the runway<br />

extension to 6,000 lf to accommodate the<br />

larger private jet traffic.<br />

• The Longevity and Center will be a “world<br />

leader” location for longevity research and<br />

treatment offering holistic health for the<br />

mind, body and spirit, The services of the<br />

Longevity Center will blend seamlessly with<br />

the amenities, dining and leisure experience<br />

being planned and afforded at <strong>Kakona</strong>. The<br />

Longevity center, will focus on the whole<br />

person, addressing health concerns from a<br />

physical, emotional, and spiritual perspective.<br />

• Lastly, and probably the best kept secret, is<br />

that <strong>Kakona</strong> offers to those that choose to<br />

take part, the opportunity to enjoy over 10<br />

miles of white sand beach and the serenity<br />

and peace afforded with being surrounded by<br />

over 22,000 acres of Bahamas National Trust<br />

land.<br />

Leeward Harbor $512,366,199 300.00 175.00 $51,546,184 $41,704,347<br />

TOTAL $1,934,216,903 900.00 601.00 $262,118,770 $140,312,835<br />

Footnotes:<br />

1. The estimated construction jobs will vary depending on the final methods of construction utilized.<br />

2. The estimated permanent jobs is will be continuously updated as the project matures.<br />

3. Stamp Duty is based on 10% against all Real Estate Sales.<br />

4. VAT is based on 12% against all materials of construction and services provided by local firms.<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

35


THE EXPERIENCE<br />

Advisory<br />

• H. Steve Harrell, Sr - Senior Advisor<br />

<strong>Executive</strong> Management<br />

• H. Steve Harrell, II - CEO<br />

• Thomas Boynton - CFO<br />

• Kevin Case - President of Development<br />

• Hal Thannisch - VP of Hospitality<br />

A BAHAMAS LUXURY RESORT DESTINATION<br />

Architecture<br />

• HKS - Commercial<br />

• Fountainhead Studio - Residential<br />

Land Planning (Landscape / Hardscape)<br />

• EDSA<br />

Civil / Infrastructure<br />

• Caribbean Coastal Group - Civil<br />

• Johnson Controls - IT / Security<br />

Harbor Engineering<br />

• Moffatt & Nichol<br />

Golf Course Design<br />

• David McLay Kidd<br />

Interior Design<br />

• Paul Deusing Partners<br />

Brand Vision / Marketing / Graphics<br />

• The Partnership<br />

• Alchemist<br />

• Harris Kalinka<br />

• Spine<br />

• Curtis Woodhouse<br />

NOVEMBER 2018 | CONFIDENTIAL<br />

37


WELCOME HOME<br />

.COM


.COM 40

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