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Times of the Islands Fall 2022

Presents the "soul of the Turks & Caicos Islands" with in-depth features about local people, culture, history, environment, real estate, businesses, resorts, restaurants and activities.

Presents the "soul of the Turks & Caicos Islands" with in-depth features about local people, culture, history, environment, real estate, businesses, resorts, restaurants and activities.

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South Bank overview<br />

South Bank is a 31-acre development on <strong>the</strong> sou<strong>the</strong>astern<br />

shore <strong>of</strong> Providenciales in Long Bay. The project began in<br />

2017 with a focus on creating a water-based lifestyle in<br />

an area <strong>of</strong> serene natural beauty. The expansive property<br />

is bordered by sandy beachfront, limestone ironshore,<br />

and verdant indigenous vegetation — with an inland<br />

lagoon at its center and an integrated marina at its flank.<br />

Thoughtfully designed buildings blend seamlessly into<br />

<strong>the</strong> scene and <strong>of</strong>fer a range <strong>of</strong> options for residents.<br />

South Bank had comprised three different neighborhoods<br />

<strong>of</strong> various residence types. The Ocean Estates<br />

neighborhood encompasses 19 three- to seven-bedroom<br />

beachfront and oceanfront villas, each with a private<br />

pool, some with a transparent edge that seems to float<br />

above <strong>the</strong> sea. To date, 15 villas are under construction,<br />

with 16 sold and 2 reserved.<br />

The Lagoon neighborhood includes three- to five-bedroom<br />

beachfront villas surrounding a sandy swimming<br />

lagoon, with some having <strong>the</strong>ir own boat docks. Of <strong>the</strong>se,<br />

all 18 villas are sold, under construction, and expected to<br />

be completed in early 2023.<br />

The Launch <strong>of</strong>fers one- to three-bedroom townhomes,<br />

aptly named Boathouses for <strong>the</strong>ir private rear terraces<br />

with a boat dock suspended over <strong>the</strong> water. To date, only<br />

five are still for sale (out <strong>of</strong> 38) and all are under construction<br />

for completion in <strong>the</strong> first quarter <strong>of</strong> 2024.<br />

It comes as no surprise that South Bank sales ranked<br />

as <strong>the</strong> most successful real estate performance in TCI<br />

history, with well over $150 million sold in 2021 and<br />

<strong>2022</strong> (thus far), alone. Joe Zahm, president/broker <strong>of</strong><br />

Turks & Caicos So<strong>the</strong>by’s International Realty comments,<br />

“With over 65 properties sold between $1,000,000 and<br />

$11,500,000 since 2020, South Bank — a robust and<br />

secure 31 acre resort and residential marina community<br />

with all <strong>the</strong> amenities — has been historically successful<br />

in terms <strong>of</strong> sales performance. Buyers simply love <strong>the</strong><br />

concept, designs, and <strong>the</strong> variety <strong>of</strong> waterfront experiences,<br />

from <strong>the</strong> Boathouses, each with a private slip,<br />

to <strong>the</strong> Lagoon Beach Villas with <strong>the</strong>ir protected waters,<br />

and including <strong>the</strong> signature Ocean Estates. Representing<br />

South Bank has been a peak career experience for me<br />

and my team.” The combination <strong>of</strong> a unique location,<br />

well-conceived plan, desirable contemporary architecture,<br />

and <strong>the</strong> outstanding reputation <strong>of</strong> <strong>the</strong> development firm<br />

Windward, cemented its allure.<br />

Debuting Arc<br />

With <strong>the</strong> voracious interest in <strong>the</strong>se properties, <strong>the</strong> developers<br />

wanted to ensure that <strong>the</strong> final <strong>of</strong>fering at South<br />

Bank was truly special, surprising, and appealing to <strong>the</strong><br />

booming TCI luxury real estate market. Left untouched<br />

was a prime two-acre “point” on <strong>the</strong> western Long Bay<br />

shoreline. Its vantage embraces sunrise and sunset, along<br />

Due to its position on a prime two-acre “point” on <strong>the</strong> Long Bay shoreline, Arc residences will enjoy sunrise and sunset views.<br />

64 www.timespub.tc

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