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At the heels of Typhoon Dorian’s 5th yearly which devastated Abaco, Bahamas,
The Bahamian Executive & GreenPointe Holdings Finalize Heads of Assurance
ABACO, Bahamas, Sept. 16, 2024 /PRNewswire/ — GreenPointe Holdings, a Jacksonville, Florida corporate with robust ties to Abaco, Bahamas, has entered right into a Heads of Assurance approving the acquisition and redevelopment of Treasure Cay. This announcement used to be made nowadays via Bahamian High Minister Philip Courageous Davis and Edward E. Burr, the Chairman and CEO of GreenPointe Holdings, at the heels of Typhoon Dorian’s 5th yearly. The Section 5 storm devastated the island of Abaco, together with Investmrent Cay on September 1, 2019.
GreenPointe Holdings’ plans to revitalize Investmrent Cay as a public that includes unmarried people houses, condominiums and villas, an 18-hole championship golfing path, a seashore membership together with recovery of Coco Seaside Bar and Grill, a 175-slip marina, a retail marina village restoring the well-known Tipsy Seagull, racquet membership with tennis and pickleball, and a wellness retreat, spa and condition facility.
The advance efforts additionally detail a industrial middle to incorporate very important services and products which were missing because the storm.
The mission funding might be roughly $1.5 Billion and is predicted to split grassland in 2025 with the primary segment projected to obvious 2027. The industrial have an effect on and activity settingup projections are anticipated to be significantly impactful to the island of Abaco.
“Revitalizing Treasure Cay goes beyond reconstruction; it’s about reigniting a beloved way of life that started in the 1960’s,” mentioned Mr. Burr. “Treasure Cay has long been the economic engine of North Abaco, and the people deserve to see their community restored to the vibrant place that was once enjoyed by so many.”
High Minister Davis mentioned, “GreenPointe Holdings is the ideal partner for this redevelopment because of their deep-rooted connection to Abaco and their proven history of delivering impactful projects. Their vision aligns with our government’s commitment to not only rebuild what was lost, but to create a stronger, more resilient community that offers new opportunities for generations to come. This revitalization of Investmrent Cay marks an important step ahead in our advance of healing, and I’m assured that in combination, we will be able to repair the center and spirit of North Abaco.
For more info, talk over with TreasureCayAbacos.com.
MEDIA CONTACT:
Elizabeth Kelley Grace
[email protected]
561-702-7471
SOURCE GreenPointe Holdings
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