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2021 November December Marina World

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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 US0 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. – November/December 2021 19

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