|PARADISE ISLAND, The Bahamas – January 25, 2005 – Kerzner International
Limited, a leading international developer and operator of destination
resorts, casinos and luxury hotels announced today 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
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
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.
About Kerzner International Limited
|Also See:||The One&Only Sol Kerzner / HOTEL Asia Pacific / October 2004|
|J.T. Kuhlman Named CEO Of One&Only Resorts Company, Formerly President of Inter-Continental/Crowne Plaza; Kerzner Names Paul Jones to COO Position and Helen McCabe-Young as Senior VP, Marketing / October 2003|