Times of the Islands Winter 2023/24
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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Of special significance is The Loren Group’s 2% < 2º<br />
Initiative, where luxury meets sustainability. The Loren<br />
asks guests to contribute 2% <strong>of</strong> amounts billed towards<br />
acquiring and regenerating over 50,000 biodiverse acres<br />
<strong>of</strong> land and planting 10 million hardwood trees to <strong>of</strong>fset<br />
<strong>the</strong> company’s carbon footprint. They agree with Roots<br />
Imperative experts that preventing a 2ºC increase in<br />
global temperature can preserve much <strong>of</strong> <strong>the</strong> character <strong>of</strong><br />
<strong>the</strong> world as we know it. At The Loren at Turtle Cove, care<br />
is taken with <strong>the</strong> use <strong>of</strong> recycled and responsibly sourced<br />
construction materials, water-conscious appliances, and<br />
energy-efficient systems.<br />
Robert Greenwood is clearly a perfectionist when it<br />
comes to his trade and member <strong>of</strong> <strong>the</strong> Christie’s Master’s<br />
Circle. Every year, he travels around <strong>the</strong> Caribbean to get<br />
a sense <strong>of</strong> <strong>the</strong> real estate market in similar upscale markets.<br />
He says, “We’ve got it good here in <strong>the</strong> Turks &<br />
Caicos. Not only are prices more reasonable than elsewhere,<br />
but <strong>the</strong> overall environment is less crowded and<br />
more relaxing.” He has visited <strong>the</strong> o<strong>the</strong>r Loren properties<br />
and raves about <strong>the</strong>ir understated luxury, attention to<br />
detail, and au<strong>the</strong>nticity as to place.<br />
The seasoned broker notes that TCI is in a phase <strong>of</strong><br />
new development that has investors paying close attention.<br />
“Post COVID-19, Turks & Caicos was ‘rediscovered’<br />
as an oasis <strong>of</strong> privacy and security for <strong>the</strong> wealthy, but<br />
we had very limited inventory to <strong>of</strong>fer. Now you can see<br />
construction spiking on resorts, rental villas, and luxury<br />
properties. Having this new development in Turtle Cove<br />
will finally allow this special area to come into its own.”<br />
One <strong>of</strong> The Loren’s signature villas is currently under<br />
construction and can be seen listed for nearly $10 million<br />
in Christies’ current magazine. The Loren at Turtle<br />
Cove’s combination <strong>of</strong> privacy, location, and luxury suggests<br />
that few <strong>of</strong>ferings will be left on <strong>the</strong> market after<br />
<strong>the</strong> traditionally busy winter season.<br />
The Loren’s grand opening is scheduled for January<br />
2026. Robert says <strong>the</strong> plan is to invite many <strong>of</strong> <strong>the</strong> island<br />
folk who were <strong>the</strong>re when Turtle Cove was just an outrageous<br />
idea, likely conceived after one too many rum<br />
punches. He calls out bartender Watson Jolly, chef “Fast<br />
Eddie” LaPorte, builder David Ward, and surveyor (now<br />
realtor) Bengt Soderqvist.<br />
He adds “Every character who has passed through<br />
<strong>the</strong> Third Turtle has left a bit <strong>of</strong> <strong>the</strong>ir energy behind—an<br />
eclectic, eccentric “Caribbean cool” unmatched elsewhere.<br />
I feel that The Loren has captured this energy and<br />
expanded on it to make this a very special place, creating<br />
an au<strong>the</strong>nticity all its own.” a<br />
<strong>Times</strong> <strong>of</strong> <strong>the</strong> <strong>Islands</strong> <strong>Winter</strong> <strong>2023</strong>/<strong>24</strong> 67