Timing: 2011 – 2013
Partner: Krystalsea Ltd.
Project: An unspoiled 80-acre private island to be developed as a luxury residential villa and boutique resort, including a 75-key eco-hotel and spa with over-water bungalows; a 70-slip marina with marina village; 40 luxury water-front estate villas; and a resident’s yacht and beach club.
Scope: Development partner responsible for all of aspects of development and asset management. Activities included development of the strategic business plan; feasibility studies and land appraisal; entitlement processing and environmental assessment; hotel operator contract negotiations; consultant contract administration; oversight of master planning and design; project and construction management; and co-responsibility to source equity and debt financing. The asset was eventually sold to Norwegian Cruise Lines.