HURRICANE HOLE MARINA
WINS PRAISE FROM PRIME MINISTER
The redevelopment of an old marina into the new Hurricane Hole superyacht marina at Paradise Island in the centre of Nassau, the Bahamian capital, has received praise from Prime Minister Hubert Minnis as a project that will benefit the country’s economy.
Late last week the PM paid a visit to observe the progress at the marina, which is due to start operating next month. The marina developer is Sterling Global Financial, a financial and real estate investment business. Prime Minister Minnis was taken on a tour of Hurricane Hole Marina by David Kosoy and Khaalis Rolle, respectively Sterling Global’s executive chairman and founder, and senior vice president.
In an Eyewitness News report, Minnis was quoted as saying that the marina was a “vision that was turning a dream into reality and benefitting the Bahamian economy. I think this is an excellent project. It was all-Bahamian and shows what Bahamians can do.” He also suggested that visiting superyacht owners might be potential future investors or residents of the Bahamas.
Minnis added: “What Sterling Global are doing for The Bahamas is building one of the largest superyacht marinas anywhere. We have the potential for The Bahamas to become the number one megayacht destination in the world.”
The full-service superyacht marina offers 1,920m (6,300ft) of berthing for yachts of up to 128m (420ft), making use of state-of-the-art concrete docks with both fixed and floating pontoons and wide finger piers. The marina includes a 73m (240ft) turning basin, a minimum depth of 5m (15ft), a fuel dock, 24-hour concierge service and a captain and crew lounge plus all the usual features like fresh water, power, wifi and pump-out.
Hurricane Hole Marina also serves as a port of entry and when fully operational it will generate between 150 and 200 new jobs
On the adjacent land, the marina includes the Sterling Commons buildings that provide space for service and retail businesses and a professional office. There will also be the Ocean Club Golf course and the Paradise Island Beach Club.