Home Ownership
Island Living at its Best With Fee Simple Property Ownership
The project presented here is not only a conceptual plan of a future development located on the Island of Great Guana Cay, it is a plan development project that has been completely thought out and is going through approvals. The main road to the development is under construction. The developer, Mr. Jacob Allen Smith (“Mr. Smith”), founder of Allen’s Marine Enterprises Limited (“AME”) is no stranger to the site. He is a Bahamian citizen who was born in Black Point, Exuma and is the Principal Developer.
The development consists of approximately 37 acres and will be programmed to include 16 residential beach/waterfront lots and 91 residential lots with hilltop and water views. Upon completion of the development, Golden Grove Estates will have the necessary foundation of infrastructure improvements, visitor access, and financial strength to position the Island for future development and ultimately become the gateway to the Exuma Cays.
AME is a Bahamian corporation doing business as Golden Grove Estates Limited. The Development is located in the heart of the Exuma Cays, a relatively untouched archipelago of 365 islands that is world famous for its crystal clear waters and serene white sand beaches. This mix use development will also include multi-family residences. The Developer understands development in The Bahamas and realizes that for a project of this magnitude to be successful he must create demand through strategic phasing of both products and amenities.
The Developer also understands the importance of preserving the Bahamian charm that attracts people to do this type of destination and plans to maintain such an atmosphere adding to the success of the project.
Great Guana Cay lies in the center of the Exuma Cays and is the only island that could support a critical mass of infrastructure including hundreds of residences, as well as a 5,000 feet airport with a Bahamas Customs Clearance House. The reason being, Great Guana Cay is by far the largest island in the Exuma chain of islands with a length of 12 miles. Furthermore, it lies 15 miles southeast of the Exuma National Land & Sea Park, which includes nearly 25% of the Exuma Cays, and disallows any commercial infrastructure.
The site itself is ideal for development as: (1) it lies adjacent to the existing airport with approvals for expansion; (2) it can connect to the adjacent town of Black Point’s power and water supply which is approximately 200 feet from the property line - reducing upfront costs; and (3) the interior of the property has elevations up to 30 feet. Thus, most of the home sites will have breathtaking sunset and water views, a unique feature which allows for a lucrative residential sales program.
Access
Access is Golden Grove Estates greatest asset. It is the only location that can feasibly become the “Gateway to the Exuma Cays,” for two primary reasons:
1. Infrastructure Capacity. Great Guana Cay is the only island that could support a critical mass of resort and access facilities, thereby limiting any future competition.
2. Air Access. The Black Point, Exuma International Airport currently receives two (2) commercial flights per day plus charters and already has a Customs Clearance House that can accommodate international flights. This is a critical factor when considering that several potential buyers will likely have their own airplanes. Additionally, the site is adjacent to the existing airport that is planned to be expanded to 5,000 feet.
Great Guana Cay is the largest island in the Exuma Chain. It is located some 50 miles northeast of Great Exuma Island and approximately 85 miles southeast of Nassau located on New Providence Island. Black Point Settlement is the largest settlement in the Exuma Cays with about 300 inhabitants and is located at the north end of Great Guana Cay.
Golden Grove Project is a prime example of how a development can be in harmony with nature and work to preserve the natural beauty of the area that originally attracted the development to this site. In addition to preserving the natural beauty of the site, the development will be a representation of the traditional and international style of The Bahamas and the Caribbean. The combination of nature and tradition is the key to the success of this project and a model for future development in other parts of The Bahamas.
To accomplish this delicate balance with the environment all site preparation, architectural design and construction of facilities shall be performed with the highest regard to functionality, quality and The Bahamas tradition using the latest building techniques found in other environmentally sensitive developments around the world. To monitor this process the developer has establish a permanent Architectural Review Board committed to preserving original concept and assure that all current and future development complies with the concept. This dedication will set the standards by which other developments in The Bahamas are judged by both governmental agencies and residents as well as guests of the development alike.
Key concerns of the development team will include the relationship with inhabitants of Great Guana Cay and the sensitivity of the Island's delicate ecosystem. Great effort will be taken to preserve the natural habitat of the animals, plants and sea life that call the development site home. Local residents should not be concerned either, as there should be no changes in their life style as a result of the development other than improving on their economic status.
The structures of the development will maintain a low profile and consist of natural color tones and materials indigenous to the Caribbean to harmonize with the sensitive nature of the Island. All of the sites components, buildings, roads and activity areas are intended to be site sensitive in design to minimize disruption of the existing site while preserving a large area of the development in its natural landscape.
The overall layout of the site, infrastructure components and individual structures are designed to minimize the impact upon both the land and the environment. Utility lines approaching the development as well as within the development will be located underground.