CANADIAN DEVELOPER TO TRANSFORM PARADISE ISLAND CONDOMINIUMS
REPLAY RESORTS TO UPDATE 52 HIGH-END LUXURY UNITS
NASSAU, BAHAMAS (October 1, 2015) – A leading international developer is set to launch an extensive redesign and refurbishment of the Ocean Place building on Paradise Island, which it will rename ‘One Ocean’.
Replay Destinations (Bahamas) Limited, a subsidiary of Vancouver-based Replay Resorts, plans to completely transform the harbour-front condominium building, creating 44 meticulously appointed condo units which will be released to the market later this year, along with 8 two-storey penthouses that will hit the market in 2016.
Damianos Sotheby’s International Realty (DSIR) and Replay Resorts are collaborating on the sales and marketing for the $75M project.
Nick Damianos of DSIR said: “It is very exciting to have the opportunity to work with such a venerable and accomplished development company. The executive team at Replay is responsible for creating some of the world’s most loved and iconic leisure destinations, including Sandestin Golf & Beach Resort in Florida, Mont Tremblant in Quebec, and Whistler Blackcomb in Vancouver, British Columbia – which is consistently ranked as North America’s #1 ski resort, just to name a few.”
The construction work has already been placed out to tender and is expected to begin shortly, generating more than 100 jobs following the selection of a local contractor.
“Our aim is take advantage of the building’s ideal location and incomparable views, to create a one-of-a-kind residential project that fosters a sense of community among residents and provides tangible and experiential quality to create lasting value for our buyers” said Replay’s Managing Director, Bill Green.
Replay Resorts is known for its innovative approach to development with a very strong focus on re-imagining, re-designing and re-positioning real estate projects in a way that both complements the existing community and enhances the owner experience for buyers. This approach will be at the forefront for the transformation of One Ocean.
“One Ocean is an ambitious and exciting project, and the Bahamas has done well to attract one of the world’s most experienced, innovative and imaginative developers. The Replay team has an unparalleled record of success in North America and Europe and I am thrilled that they are now bringing their vision, expertise and resources to The Bahamas,” said Nick Damianos.
About Replay – Replay Resorts is a fully integrated destination development company headquartered in Vancouver, Canada with a presence in the continental United States, Hawaii, Mexico and the Caribbean. Replay’s team of strategists, planners, designers, builders and operators develop and operate authentic, enduring places. Replay’s leadership team is comprised of the former founder and senior leaders of Intrawest Corporation, where they built one of the resort industry’s greatest success stories. For more information on Replay Resorts visit www.replayresorts.com For more information on One Ocean contact Nick Damianos at Nick.Damianos@SothebysRealty.com or 242.376.1841.