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Friday, December 21, 2007

Exclusive Ocean Club Waterfront Penthouse Listed

This brand new penthouse, situated in the elite community of Ocean Club Estates on Paradise Island, boasts the most spectacular views of Nassau Harbour, the renowned Ocean Club golf course and the breathtaking turquoise & aqua of the ocean for miles.

This first class residence offers 5265 sq. ft. of interior living space that is outfitted with top of the line stainless steel appliances. An audio surround system has been installed throughout. Expansive balconies totaling 1600 sq. ft. allow for the utmost enjoyment of the views and tranquil ocean breeze.

Other features include exquisite hardware & finishes, central A/C and ceiling fans in every room, granite & marble countertops, solar tinted & storm resistant windows and doors, and generator.

Residents of this luxurious island retreat have access to a beautifully landscaped, waterfront property with two pools, the private beach club and the Atlantis resort.

The fully appointed beach club is nestled in the dunes overlooking Cabbage Beach and offers impeccable service. An infinity pool runs into the blue of the ocean, along with the seaside bar & grill, and two Har-Tru tennis courts.

The penthouse comes with two covered and two surface parking spaces. The owner may apply for a marina membership & boat slip if desired.

This Penthouse is on the market for $9,999,999 US dollars.

Click here to watch the videos of views from this Penthouse.

Saturday, December 15, 2007

$25m boost from Baker's Bay

About 350 Bahamian firms and individuals have benefited economically since 2005 from the Baker's Bay Golf & Ocean Club development on Great Guana Cay, Abaco. Executives from this company said that they have paid $25 million worth of invoices to Bahamian companies and individuals.

Dr Livingstone Marshall, Baker's Bay senior vice president of environmental and community affairs, said he had received a seven page report listing the 350 Bahamian firms and individuals who had benefited from Baker's Bay paying out $25 million in invoices to the likes of attorneys, engineers, surveyors and independent businesses.

Steve Adelson, a partner in the Baker's Bay development said, "We're spending an average of $7 to $8 million a month on the project, and 90 percent of that has direct impact, not only on Guana Cay but the Abaco's and the Bahamas as a whole."

Dr. Marshall said that once the project is in full swing "significant monies will be paid into the Public Treasury" which an assessment showed it was likely to amount to $540 million over a ten year period.