Sterling Global Financial is an alternative investment management firm, which specializes in real estate investment and development, as well as in financial services like lending and investing, is now transforming Paradise Island in the Bahamas. With Paradise Landing, Sterling Global is not only focused on bringing new, modern, and luxurious accommodations to the Bahamas, but on honoring and upholding the landmarks of the region. As both leaders of the community and accomplished developers, preserving the classics while elevating the region is of paramount importance.
The company, which was founded on and operates on the pillars of passion, people, and performance—factors that have continually earned the international firm awards throughout the years—is set to create a top-of-the-line multi-use lifestyle center for The Residences at Paradise Landing. Condo layouts are designed to offer two and three-bedroom suites throughout seven stories with unparalleled views of the Bahamas’ newest superyacht marina and crystal blue waters. Paradise Landing will include two high-end restaurants, entertainment, wine and liquor store, executive office space, and a medical center and pharmacy to meet all the needs of future residents. Each unit will have fantastic views of the historic, now totally-redeveloped Hurricane Hole Superyacht Marina with some of the most incredible yachts in the world. Sterling Global explains its presence in the area is about fusing the old with the new: “With great respect for Hurricane Hole’s place in the rich history of Paradise Island, and The Bahamas, we are committed to restoring this famous marina into a premier yachting destination, and a place for the community to enjoy,” said David Kosoy, Executive Chairman and Founder.
With construction well underway the marina will have 6,100 linear feet of deep-water concrete docks and slips measuring up to 420 feet. And in order to accommodate superyachts, which can be quite common in the sparkling Caribbean waters, the renovations will include marina sea walls that reduce wake and wave action no matter the weather. The five-star marina will also feature a 400-amp, 480-volt power, in-slip fuel and pump-out, laundry, and showers. A dedicated pool, gym, and lounge for captains and crew is also under construction. Additionally, the marina will have a gourmet grocery market so that visitors and crews can restock as needed before returning home or to the sea. Of course, not before indulging in Paradise Islands offerings—like top restaurants, lounges, and stunning beaches. If it’s big resort entertainment you seek, the marina’s location just 120 steps from the world-renowned Atlantis Bahamas Resort makes it a great home base for visiting the 21 restaurants, variety of specialty shops, waterpark, and casino at Atlantis. Residence owners will also receive membership opportunities at the world-renowned 18-hole par 72 Ocean Club Golf Course, designed by PGA champion Tom Weiskopf, and the Beach Club on Cabbage Beach.
Set to be completed in Q4 of 2021, the Paradise Landing development, from The Residences to The Marina, is without a doubt going to transform the Bahamas, attracting new visitors, and bringing back those who already love the idyllic location. “This will be a new dimension in yachting in The Bahamas, and luxury living on Paradise Island," says Steve Tiller, Sterling’s CEO.