2021 November December Marina World

SUPERYACHT FACILITIES
Re-imagining Hurricane Hole
as the jewel of the Bahamas
Hurricane Hole Superyacht Marina is
being re-imagined as a vibrant centre for
a new master-planned community in the
Bahamas.
For more than 50 years, Hurricane Hole Marina at Paradise Landing in the
Bahamas has been a favourite destination for yachts cruising the tranquil,
turquoise waters of the region. Now, as work nears completion on its
world-class redesign, the marina is set to offer some of the most exclusive
superyacht berths in the Caribbean.
Before its US$250 million overhaul,
the original 90-berth marina could
accommodate relatively few yachts
up to 200ft (61m), with fixed docks
and approximately 10ft (3m) of water
depth, while a single restaurant
on site represented the extent of
visitor amenities. However, the newly
redeveloped and renamed Hurricane
Hole Superyacht Marina is set to be
the “jewel” of Paradise Island’s newest
master-planned marina community,
says David Kosoy, executive chairman
and founder of the project developer,
manager and owner, Sterling Global
Financial.
The island sits just off the shore of
Nassau city, on the northern edge of
New Providence in the Atlantic. With its
year-round tropical climate, the region
is one of the world’s most popular
holiday destinations, with the Atlantis
Resort – a 153 acre (62ha) waterscape
featuring fresh and saltwater lagoons,
pools, marine habitats, water slides and
river rides – one of its biggest draws for
tourists.
Work on the five-star marina and
village is on target to complete in
the fourth quarter of the year (see
Marina World, July/August 2021, p17).
Ahead of development, Sterling Global
realised the fantastic potential for a
superyacht marina on Paradise Island,
the gateway to some of the best waters
in the world, including the Exuma island
chain. However, the existing marina
Signing the contract for the floating dock
system, l to r: (standing) Stephen Tiller,
CEO Sterling Global Financial; Khaalis
Rolle, president Sterling Global Advisory
Services; (seated) David Kosoy, executive
chairman and founder Sterling Global
Financial; and Steve Ryder, senior project
development manager Bellingham Marine.
was not set up for superyachts. “Yachts
continue to get larger and require
modern docks, power, water, fibre and
amenities,” says Kosoy.
Paradise Island has long been a
magnet for global buyers, celebrities
and jetsetters seeking tropical island
seclusion along with exciting nightlife.
The marina is only a short flight from
South Florida. By sea, the crossing
from Fort Lauderdale, Florida to
Nassau is 164nm (304km). The island
provides superior cruising by day
Work nears completion on the marina
basin, which will shelter a marina system
custom-designed and manufactured by
Bellingham Marine.
www.marinaworld.com – November/December 2021 19