Hurricane Hole Superyacht Marina opens in the Bahamas 

By Sherrica Thompson

Staff Writer

#TheBahamas, November 30, 2022 – Sterling Global Financial officially opened its Hurricane Hole Superyacht Marina on Paradise Island in the Bahamas on Friday, November 25.

The company broke ground for the $250 million redevelopment project in January 2019.

The deep-water floating docks are designed to cater to the needs of superyachts, sports fishers and smaller craft by adjusting to water levels and providing consistent access to vessels.  The company said this will help reduce the likelihood of damage during hurricanes.

While speaking at the opening ceremony, Prime Minister Philip Davis praised the Hurricane Hole Superyacht Marina, noting that it will add to the island’s vacation profile.

“This 250-million-dollar development is set to revitalize and diversify Paradise Island’s luxury vacation profile.  The entire development has effectively created a downtown district on Paradise Island and includes restaurants, harbourfront residences, professional offices, a food store, a wines and spirits retailer, and other commercial and retail vendors,” Davis said.

Davis also said the marina will boost tourism on Paradise Island.

“This boon is bringing excitement to Paradise Island, adding to the convenience for Paradise Island residents and the experience of visitors at hotels and short-term rentals.  More dining, boating choices, entertainment, and convenient services will serve to augment the overall experience of residents and visitors alike,” the Prime Minister explained.

Adding that: “At the heart of this development is the Sterling Hurricane Hole Superyacht Marina capable of hosting the world’s most exclusive superyachts — boats up to 420 feet in length.”

Minister of Tourism, Investments and Aviation Chester Cooper said the marina will increase the country’s booking for the next three months.

“These are exciting times for Nassau’s Paradise Island.  These are exciting times for tourism, and we know that our bookings for the next three months are 16 per cent ahead of where they were in 2019,” Cooper said.