Rum Cay Resort Marina, a $700 million
mixed-use resort development project, has broken ground on Rum Cay,
Bahamas, located 165 miles southeast of Nassau and 40 miles east of
The island, nine
miles long and five miles wide, is inhabited by less than 100
islanders and is reachable by charter flights via numerous carriers
from Fort Lauderdale or via Cat Island Air from Nassau.
which will include a mega-yacht marina; a luxury hotel; private
residences; restaurants and shops; and spa; and fitness facilities,
is being done in three phases, according to Montana Holdings, a
Nassau-based real estate investment and development
Phase I will
concentrate on the 80-slip marina, marina village, condominiums and
estate homes and will be in full swing by September.
Phase II will
center on the luxury hotel, slated to open in 2010. Phase III will
complete the residential components and expand the marina village,
targeted for a 2016 completion date.
the reporter who wrote this article, send e-mail to Gay Nagle Myers
at [email protected].