Kerzner International Limited, a leading international developer and operator of destination resorts, casinos and luxury hotels announced the detailed plans to develop 88 luxury condominium homes on the East End of Paradise Island near the legendary One&Only Ocean Club. Construction of Ocean Club Residences & Marina is scheduled to begin in Spring 2005 with completion slated for Spring 2007. The luxury condominium homes will be built within the exclusive private enclave of Ocean Club Estates adjacent to the championship Ocean Club Golf Course. The new Ocean Club Residences & Marina development will enjoy many of the services and amenities available to One&Only Ocean Club and Atlantis, Paradise Island resort guests.
One&Only Ocean Club on Paradise Island in The Bahamas has long held an incomparable allure to those who expect the best. Now this supreme level of luxury will be available to homeowners of Ocean Club Residences & Marina. Ocean Club Residences & Marina will be replete with beautiful gardens, resort-style pools, a fitness facility, 24-hour security, additional storage, covered and surface parking and a private marina that will accommodate yachts of up to 120 feet. The four, six-story buildings will be arranged on the site to take full advantage of prevailing breezes and capture expansive views of the gardens, Nassau Harbour, the championship Tom Weiskopf-designed golf course and the ocean.
Homeowners will enjoy access to a private beach club on Cabbage Beach reserved exclusively for the owners of Ocean Club Residences & Marina and Ocean Club Estates. The fully appointed beach club will include a colonial-style cabana with changing rooms and showers, an open-air bar, and a swimming pool.
Each home will have abundant natural light, expansive balconies, and extraordinary interior finishes and appointments. Purchasers may choose one of eighty three-bedroom/three-and-a-half-bath condominium homes or one of eight, four-bedroom/four-and-a-half-bath penthouses (media rooms may be converted to a fifth bedroom). Home sizes will range from 3,000 square feet to 7,200 square feet.
The buildings will feature Bahamian Colonial architecture with Bermuda roofs and rendered stucco exterior walls. Each building will have four homes per floor on levels one through five and two penthouses on level six. Two homes per floor on floors one through five will share an elevator lobby. The elevator to each penthouse opens into its own private vestibule.
Ocean Club Residences owners will also enjoy optional golf club membership, priority marina slip purchase, access to dining and spa facilities at One&Only Ocean Club including Jean-Georges Vongerichten´s Dune restaurant and the private treatment villas at One&Only Spa as well as access to all guest privileges at Atlantis.
Ocean Club Residences & Marina will be developed in partnership with Panda Limited, owned by the Kutz family. Home prices will start at approximately $1.7 million. Pre-development pricing incentives are available for a limited time. The project sales office is located at Ocean Club Golf Course.
Theodore Koumelis, Kerzner international
