The premier marina recently celebrated its grand opening after a world-class redesign to add in state-of-the-art features.

Paradise Island, New Providence -- (ReleaseWire) -- 05/04/2023 -- The new Hurricane Hole Superyacht Marina recently celebrated its grand opening after a significant redesign that completely renovated and expanded the premier deep-water marina of The Bahamas.

Local dignitaries and stakeholders as well as hundreds of others attended the grand opening event on Nov. 25. The Rt. Honourable Philip Davis, Prime Minister of The Bahamas, officially opened the marina after its world-class redesign. Deputy Prime Minister Chester Cooper was also in attendance and introduced Davis.

In his speech to commemorate the opening of the marina, Prime Minister Davis hailed the development for elevating the tourism product of Paradise Island.

"The Bahamas has long been the premier vacation and luxury destination in the Caribbean, and I dare say the Western Hemisphere. The Hurricane Hole Superyacht Marina and the Residences at Paradise Landing are fitting and welcome additions to the continued development of The Bahamas' world-renowned tourism product," Davis said.

David Kosoy, Executive Chairman and Founder of Sterling Global Financial, the project's owner, spoke first during the event that included a live steel drum band, a performance by acclaimed Bahamian vocalist Stazzie Appleyard, and a Junkanoo Rush Out.

Kosoy said Hurricane Hole's cutting-edge design makes it the most technologically advanced marina in the country, with amenities including in-slip fueling — a first for The Bahamas — as well as concrete floating docks that rise and fall with the tides, 24-hour security, new power infrastructure, WiFi and direct fibre internet access needed by today's superyachts. Beyond the state-of-the-art suite of features, Hurricane Hole also is dedicated to sustainable development and employing the best environmental practices, including waste management, air quality control, and biodiversity management.

"We're proud of what the Hurricane Hole Superyacht Marina means for The Bahamas and Bahamian economy as we celebrate the start of an exciting new chapter of the marina's long, storied legacy on Paradise Island," Kosoy said. "While this grand opening marks a major milestone of our work, we look forward to even more to come as Hurricane Hole continues to grow its offerings to serve the yachting community."

Hurricane Hole already has many new features open to the public, including a wine and liquor store, a poolside bar and grill, and a crew-friendly pool, gym and captains' lounge.

Much more is on the horizon, with three restaurants set to open soon that will provide a mix of fine dining and oceanfront casual options. In addition, a gourmet grocery store is opening in early 2023, as is a pharmacy, clinic, wellness center, and beauty salon.

The completely rebuilt marina will also benefit new residents of Paradise Island as Sterling Global's Paradise Landing residential project comes to fruition. The world-class luxury residences surrounding Hurricane Hole Superyacht Marina will offer an exciting new place to call home, all with easy access to the restaurants, stores, beaches, and more that make the island a slice of paradise in The Bahamas.

To learn more about purchasing or renting a slip at the premier superyacht marina, visit Hurricane Hole or call 242-603-1950.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Growth Capital To Help Sterling Foray Into The Americas And The UK & Europe. Bank Aims To Service Ultra HNI Clients.

Toronto, ON -- (ReleaseWire) -- 11/21/2022 -- Sterling Bank & Trust Limited (SBTL), a member of the Sterling Global Financial Group (SGF), announced the sale of a majority stake in SBTL to IIHL Capital Limited (IIHCL) — a subsidiary of IndusInd International Holding Limited (IIHL), a Mauritius-based Investment Holding Company with investments in Finance and Banking, and is the promoter entity of IndusInd Bank, the fifth-largest listed bank in India.

IIHCL provides not only the capital but also brings the global experience of financial services and an extensive network of Ultra-High-Net-Worth clients. This would put SBTL in the next trajectory, enabling it to offer world-class products and services, apart from traditional mortgage loans, in The Bahamas, the USA, Grand Cayman, and the UK. Neo-banks may occupy close to 40% of the overall BFSI market by 2030; therefore, the strategic objective is to provide innovative, cutting-edge technology-based, end-to-end digital-based solutions to customers globally.

Peter Charrington, former Global Head, Private Banking of Citi, will be the Chairman of the revamped board. The position of MD and CEO is being taken by BRS Satyanarayana, a 34-year veteran from State Bank of India, the 49th-largest bank globally. He has served as Country Head of the State Bank's Japan operations for many years and was also on the Boards of Banks in Indonesia and Nepal. Both of them bring the best governance practices, immense operational experience, and a global outlook.

"SBTL is a wonderful opportunity for IIHL to continue its journey of international excellence and innovation," said Ashok Hinduja, Chairman of IIHL. "We see The Bahamas and SBTL as a stepping stone for banking into the Americas."

"This investment in SBTL is an endorsement of The Bahamas, and SBTL's people, strategy, and the future," said David Kosoy, Founder of Sterling Global Financial Group (SGF). "For our clients and our team, this is excellent news as we can now benefit from our new relationship with IIHL."

Stephen Tiller, CEO of SGF, added: "In order to compete in the global environment, you need world-class partners. IIHL has proven that they can grow profitable businesses around the world, and their philanthropic focus bodes well for The Bahamas and SBTL."

About IndusInd International Holdings Limited

Originally versed in the banking sector**, IndusInd has managed over the years to invest in a wide range of various services. With a USD 1.5 bn net asset value, IIHL is dedicated to maintaining this dynamic growth through ongoing investment and acquisition of high-value assets. IIHL's vision is to be a Global Financial Services Institution with a commitment to excellence in international orientation, innovation, speed, and strict compliance with the principles of good corporate governance.

**IndusInd Bank, established in 1994, is a digitally driven innovative universal bank with a widespread banking footprint with over 33 million customers, 6,100+ distribution points across India along with offices in London, Dubai and Abu Dhabi. With 359,000 shareholders, of which 67.67% are marquee International Institutional Investors, its shares are listed on the Bombay Stock Exchange & National Stock Exchange, whereas GDRs are listed on the Luxembourg Stock Exchange, with a current market cap of USD 11 bn.

About Sterling Global Financial

Sterling is not just the name; it's Sterling Global's character and well-earned reputation. The principles have been investing Sterling's own capital and on behalf of others for more than 50 years. Upholding Sterling's name and identity is a responsibility of the highest importance. Sterling Global focuses on strategies that align with its partners' goals to preserve and grow investments. Sterling serves and is trusted by a wide array of investors from around the world, currently managing and administering over $9 billion of assets in real estate investment, development, lending, infrastructure, and bank and trust services. In addition to Sterling Bank & Trust, Sterling is also the owner of Sterling Trust (Cayman) Limited, a 52-year-old trust company that provides a range of fiduciary and administrative services to clients around the world.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Growth Capital To Help Sterling Foray Into The Americas And The UK & Europe. Bank Aims To Service Ultra HNI Clients.

Nassau, Bahamas -- (ReleaseWire) -- 11/16/2022 -- Sterling Bank & Trust Limited (SBTL), a member of the Sterling Global Financial Group (SGF), announced the sale of a majority stake in SBTL to IIHL Capital Limited (IIHCL) — a subsidiary of IndusInd International Holding Limited (IIHL), a Mauritius-based Investment Holding Company with investments in Finance and Banking, and is the promoter entity of IndusInd Bank, the fifth-largest listed bank in India.

IIHCL provides not only the capital but also brings the global experience of financial services and an extensive network of Ultra-High-Net-Worth clients. This would put SBTL in the next trajectory, enabling it to offer world-class products and services, apart from traditional mortgage loans, in The Bahamas, the USA, Grand Cayman, and the UK. Neo-banks may occupy close to 40% of the overall BFSI market by 2030; therefore, the strategic objective is to provide innovative, cutting-edge technology-based, end-to-end digital-based solutions to customers globally.

Peter Charrington, former Global Head, Private Banking of Citi, will be the Chairman of the revamped board. The position of MD and CEO is being taken by BRS Satyanarayana, a 34-year veteran from State Bank of India, the 49th-largest bank globally. He has served as Country Head of the State Bank's Japan operations for many years and was also on the Boards of Banks in Indonesia and Nepal. Both of them bring the best governance practices, immense operational experience, and a global outlook.

"SBTL is a wonderful opportunity for IIHL to continue its journey of international excellence and innovation," said Ashok Hinduja, Chairman of IIHL. "We see The Bahamas and SBTL as a stepping stone for banking into the Americas."

"This investment in SBTL is an endorsement of The Bahamas, and SBTL's people, strategy, and the future," said David Kosoy, Founder of Sterling Global Financial Group (SGF). "For our clients and our team, this is excellent news as we can now benefit from our new relationship with IIHL."

Stephen Tiller, CEO of SGF, added: "In order to compete in the global environment, you need world-class partners. IIHL has proven that they can grow profitable businesses around the world, and their philanthropic focus bodes well for The Bahamas and SBTL."

About IndusInd International Holdings Limited

Originally versed in the banking sector**, IndusInd has managed over the years to invest in a wide range of various services. With a USD 1.5 bn net asset value, IIHL is dedicated to maintaining this dynamic growth through ongoing investment and acquisition of high-value assets. IIHL's vision is to be a Global Financial Services Institution with a commitment to excellence in international orientation, innovation, speed, and strict compliance with the principles of good corporate governance.

**IndusInd Bank, established in 1994, is a digitally driven innovative universal bank with a widespread banking footprint with over 33 million customers, 6,100+ distribution points across India along with offices in London, Dubai and Abu Dhabi. With 359,000 shareholders, of which 67.67% are marquee International Institutional Investors, its shares are listed on the Bombay Stock Exchange & National Stock Exchange, whereas GDRs are listed on the Luxembourg Stock Exchange, with a current market cap of USD 11 bn.

About Sterling Global Financial

Sterling is not just the name; it's Sterling Global's character and well-earned reputation. The principles have been investing Sterling's own capital and on behalf of others for more than 50 years. Upholding Sterling's name and identity is a responsibility of the highest importance. Sterling Global focuses on strategies that align with its partners' goals to preserve and grow investments. Sterling serves and is trusted by a wide array of investors from around the world, currently managing and administering over $9 billion of assets in real estate investment, development, lending, infrastructure, and bank and trust services. In addition to Sterling Bank & Trust, Sterling is also the owner of Sterling Trust (Cayman) Limited, a 52-year-old trust company that provides a range of fiduciary and administrative services to clients around the world.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Paradise Island, The Bahamas -- (ReleaseWire) -- 11/03/2022 -- Blue Interactive Agency, a leading digital marketing firm, is joining with Sterling Global Financial Ltd to raise awareness of the firm's latest investment, the new Hurricane Hole Superyacht Marina and Paradise Landing luxury residences on Paradise Island in The Bahamas.

The marketing agency will promote the new Hurricane Hole Superyacht Marina where a state-of-the-art redesign was recently completed, as well as the brand new Paradise Landing Residences. Both are part of the Paradise Landing luxury mixed-use community.

Blue Interactive Agency provides the latest digital marketing tools, including SEO, content marketing, website design, social media, lead generation and email marketing. The agency is located in Fort Lauderdale, known as the yachting capital of the world, giving it a unique perspective on the industry served by Sterling Global at Paradise Landing.

"With so many digital marketing companies seemingly offering similar services, it can be difficult to decide on one agency. Working with Blue means working with a team that delivers real and quantifiable results through multiple marketing channels," said Matthew Mader, Vice President of Blue Interactive.

The partnership pairs Blue Interactive Agency with a firm that's been building and investing in The Bahamas for more than 25 years, with the enthusiastic endorsement of the island's government.

Blue Interactive will bring attention to its latest projects at Paradise Landing, where the new marina features a variety of enhancements from the expanded perimeter to the dockside functionality that is generating excitement among yacht owners, captains and crew. The expansion was created from underused upland and doubled the marina's size without extending its footprint into Nassau's harbor, an important consideration given the fragile ecosystem of the marina's Bahamas home.

Off the yacht, the marina offers state-of-the-art fitness facilities, swimming pools, private meeting spaces and 24-hour security. In addition, yacht captains and crew members are welcome to enjoy the swimming pool, poolside bar and grill, and lounge and gym facilities, a unique feature of the Hurricane Hole marina.

The marina is located within a community that offers retail, gourmet dining, food trucks, a grocery store, luxury residences, swimming pools and a fitness center. Conveniently located adjacent to the marina, Sterling Commons offers an engaging assortment of residential, retail, dining and amenities. It's now home to the flagship store of 700 Wine and Spirits, a private bank and trust and executive offices that can be rented daily or monthly. On the horizon are a gourmet grocery store and a waterfront-dining complex.

The future is even more exciting at Paradise Landing. Plans call for luxury dockside residences offering extensive amenities designed exclusively for residence owners. Phase 1 of the residential condominiums is already sold out; Sterling Global is now accepting reservations for the second phase, The Residences of Paradise Landing.

Despite the remarkable beauty and luxury of the new facilities, Hurricane Hole Superyacht Marina is about more than pampering and indulgence for visiting guests. Owners, investors, team members and guests are fortunate to enjoy the natural beauty of The Bahamas and the gracious hospitality of the islands' people. Sterling Global has always made it a priority to make a difference for them. Believing strongly that it has an obligation to create opportunities for the entire Bahamas community, Sterling Global has partnered with Lend a Hand Bahamas, The Bahamas National Trust and The Bahamas Feeding Network to make a positive impact on the islands' people and natural environment. Blue Interactive is proud to partner with such a forward-thinking client and will eagerly share its support of the people and natural environment that make it possible for Sterling Global's projects to come to fruition.

Blue Interactive Agency offers customized digital solutions that enable its clients to reach their goals. For more information, visit Blue Interactive Agency or call 242-603-1950.

Hurricane Hole Marina offers slips for sale and rental. To inquire about reserving your piece of paradise, visit Hurricane Hole Marina or call 242-603-1950.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Paradise Island, Bahamas -- (ReleaseWire) -- 10/25/2022 -- Yacht captains, owners, and charter brokers visiting the Fort Lauderdale International Boat Show will be treated to views of one of the most exclusive berths in the Caribbean. The new Hurricane Hole Superyacht Marina at Paradise Landing, Paradise Island, Bahamas will return as an exhibitor at the show, Oct. 26-30 on Fort Lauderdale's Intracoastal Waterway.

Representatives of Hurricane Hole Superyacht Marina and Paradise Landing will be at Booth #784 in the Yacht Builders Tent at Bahia Mar Yachting Center on Seabreeze Boulevard (State Road A1A).

Hurricane Hole drew serious interest at the 2021 boat show when the marina was in the midst of a complete overhaul. Captains, owners, and brokers who knew the iconic marina well were eager to learn what the redesign had in store. This year's appearance is expected to surpass the excitement now that the new Hurricane Hole Superyacht Marina is open and ready to showcase its world-class expansion.

The spectacular transformation was completed by Sterling Global Financial, developer of the 5-star marina and surrounding Paradise Landing community. The new yachting village seeks to be the new downtown of Paradise Island. It brings practicality and luxury to what was already on of the best deep-water marinas in The Bahamas, not only expanding the marina's yacht facilities but also adding conveniences and services to the surrounding community.

Visitors to the boat show will be excited to learn that the marina's perimeter has been expanded to accommodate the most luxurious superyachts. Arriving yachts can tie up at more than 6,100 linear feet of deep-water concrete docks, both floating and fixed. Captains and crews will welcome its generous turning basin; it now measures a comfortable 240 feet wide and descends 14.5 feet below average low tide, and accommodates vessels up to 420 feet. The marina rents and sells boat slips for a wide range of vessel sizes, from a 30-foot center console to a 420-foot megayacht and everything in between. Once docked, vessels can access 400 amps and 480 volts of power.

Beyond the boating facility, visitors will find a yachting community that offers the perfect combination of modern comforts and tropical delights – luxury residences, world-class retail and gourmet dining – with extraordinary amenities for both owners and crew. One of its most exciting future elements is The Residences of Paradise Landing, an exclusive luxury enclave that, when completed, will offer an array of restaurants, entertainment and retail with access to the 18-hole Ocean Club Golf Course.

The marina's developers have chosen the perfect place to showcase the redevelopment. The Fort Lauderdale International Boat Show has been dubbed "the greatest boat show on the seven seas" and is the world's largest in-water boat show.

More than 100,000 boating and marine enthusiasts are expected to attend the show, where they can discover 1,000 exhibiting brands and more than 1,300 boats on display. The event will take place at seven locations covering nearly 90 acres across three million square feet of exhibit space connected by an intricate network of water and ground transportation services.

For more information on the 2022 Fort Lauderdale International Boat Show, including a map of the Bahia Mar Yachting Center, visit www.flibs.com.

To learn more about slip reservations and sales at Hurricane Hole Superyacht Marina at Paradise Landings, see www.hurricaneholemarina.com or call 242-603-1950. For information on The Residences of Paradise Island, go to www.paradiselanding.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Paradise Island, Bahamas -- (ReleaseWire) -- 10/06/2022 -- The Government of The Bahamas announced on Tuesday, September 20, 2022, that visitors to The Bahamas no longer need to provide negative COVID-19 tests upon entry and all COVID restrictions will be removed for travelers and holidaymakers.

Before the announcement by the Bahamian Government, visitors needed to acquire a Bahamas Travel Health Visa and both vaccinated and unvaccinated travelers needed to provide up-to-date negative COVID-19 tests to be approved for entry into The Bahamas. As of September 20, 2022, these steps are no longer required and COVID tests, vaccination certificates, and Bahamas Travel Health Visas are no longer needed when traveling to The Bahamas.

The change comes as hospitalization rates and infection rates have declined significantly due to both vaccination efforts and less dangerous strains of COVID-19 emerging. This change coincides with many other countries easing their COVID restrictions including Canada, Japan, the Netherlands, and more.

Holidaymakers and travelers to The Bahamas can expect standard border policies and customs processes when planning their next trip to The Bahamas.

Additionally, the mask mandate put in place by the Bahamian Government aimed at helping to slow the spread of COVID-19, will be lifted as of October 1, 2022. This means that masks will no longer be required anywhere except for indoor classrooms, visitors to healthcare facilities, and senior care homes. The mask mandate will remain in those three situations to continue to provide protection for high-risk individuals.

Paradise Landing on Paradise Island welcomes visitors from across the globe as the restrictions surrounding COVID and travel and the mask mandate are lifted, making it easier to plan travel to The Bahamas.

The new Hurricane Hole Superyacht Marina at Paradise Landing on Paradise Island provides an ideal holiday destination for yacht owners and charter guests with its deep-water design and luxury amenities. Paradise Landing welcomes travelers from the United States, the United Kingdom, Europe, and across the globe to visit The Bahamas as the winter tourist season approaches and COVID restrictions are being lifted.

Hurricane Hole has on-site customs and immigration services and with the lifting of restrictions concerning travel during the COVID pandemic, visitors berthing their yachts in the new marina can expect expeditious check-ins and customs clearance without the need to show various COVID tests and vaccinations.

As the world returns to the status quo, holiday destinations such as The Bahamas will see a surge in travel activity. The return to normal will also boost the real estate market in Nassau and Paradise Island with new developments such as The Residences of Paradise Landing on Paradise Island seeing significant interest and investment from foreigners and Bahamian residents alike.

A dream holiday in The Bahamas just became easier with the lifting of all COVID-19 restrictions for visitors. Reserve an exclusive slip today at the Hurricane Hole Superyacht Marina on Paradise Island or contact Paradise Landing to inquire about the Residences of Paradise Landing real estate opportunity.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Paradise Island, Bahamas -- (ReleaseWire) -- 08/25/2022 -- Hurricane Hole Marina, a long-time favorite destination for yachts in the Bahamas, has been completely renovated to provide world-class luxury in a state-of-the-art redesign, from upscale amenities to the latest in technology. The marina's update is creating excitement among yacht owners, captains, and crew, who love having Hurricane Hole open as a destination again.

Sterling Global, the developer of the 5-star marina located on Paradise Island in Nassau, has completed renovations providing a mix of style, comfort, and practicality, not only in the marina's yacht facilities but also in the convenient amenities of its community. As a result, it's an all-inclusive destination for yacht owners and guests – a yachting village that welcomes captains and crew with excellent amenities as well – and there's even more slated to come soon.

The renovations expanded the marina's perimeter; arriving yachts can now tie up along more than 6,100 linear feet of deep-water concrete docks, both floating and fixed. In addition, the redesigned marina now offers a generous turning basin that's 240 feet wide, and a depth 14.5 feet below average low tide. Boat slip rentals and sales are available for a wide range of vessel sizes, from a 30-foot center console to a 420-foot megayacht and everything in between. And vessels can access all the power they need: single phase, 3-phase, 400 amps and 480 volts.

Once docked, yacht owners and crews will find an impressive array of services, starting with 24-hour security for complete peace of mind. The marina is an approved port of entry, with on-site Customs clearance. In-slip fueling means yachts are ready to go whenever it's time for a day on the open water. In addition, users can stay connected in the marina, which offers Wi-Fi and direct internet fiber.

Off the yacht, users can enjoy an array of top-of-the-line facilities designed to make their stay perfect. These include state-of-the-art fitness facilities, swimming pools, private meeting spaces, and concierge services. Hurricane Hole is captain and crew friendly, everyone is welcome to relax or energize at the pool, and opening soon, the captain's lounge and gym facilities.

There's plenty to recommend aside from boating facilities. The marina is situated within the Paradise Landing community which offers retail, a poolside bar and grill, luxury residences, swimming pools, and a fitness center.

Located adjacent to the marina, Sterling Commons offers an engaging assortment of residential, retail, dining, and amenities. It's now home to the flagship store of 700 Wine and Spirits, a private bank & trust, and executive offices that can be rented daily or monthly. On the horizon are a gourmet grocery store and a waterfront-dining complex.

The future is even more exciting at Paradise Landing. Plans include luxury dockside residences offering extensive amenities designed for owners and guests. Sterling Global is now accepting reservations for the new luxury Residences of Paradise Landing, to be launched shortly.

Despite the remarkable beauty and luxury of the new facilities, Hurricane Hole Superyacht Marina is about more than pampering and indulgence. Owners, investors, team members, and guests are fortunate to enjoy the natural beauty of the Bahamas and the gracious hospitality of the Bahamian people; Sterling Global believes this pleasure brings an obligation to make a difference for the environment and society. Therefore, the marina developer has partnered with Lend A Hand Bahamas, The Bahamas National Trust, and the Bahamas Feeding Network to create a positive impact.

Hurricane Hole Marina offers slips for sale and rental. To inquire about reserving your piece of paradise, visit Hurricane Hole Marina or call 242-603-1950.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Paradise Island, Bahamas -- (ReleaseWire) -- 09/13/2022 -- Nassau residents and visitors can soon shop at the first grocery store on Paradise Island, Sawyer's Fresh Market, which recently broke ground. The 8,000-square-foot gourmet grocery store, which is slated to open in summer 2023, will be part of Paradise Landing, the new luxury community that's home to Hurricane Hole Superyacht Marina.

Developed by Sterling Global Financial, which has been building and investing in the Bahamas for more than 25 years, these additions to the local community are bringing a welcome economic and lifestyle boost to Paradise Island and the Bahamas.

David Kosoy, chairman of Sterling Global, hailed the project as "100 percent Bahamian" and said the company's investment on Paradise Island is "well over $100 million" to date. The development is expected to total $250-$300 million upon completion.

Sawyer's Fresh Market currently operates two stores in Freeport, Grand Bahama. At Paradise Landing, it will present a curated selection of gourmet groceries including a full-service meat and seafood case and a deli featuring artisan sandwiches, rotisserie chicken, breakfast sandwiches, and a coffee bar. The store will also provide the freshest produce, including organic and locally grown products whenever possible.

Customers can take advantage of free grocery delivery anywhere on Paradise Island, including dockside in Hurricane Hole. To help protect the fragile beauty of the Bahamas' natural resources, the store plans to use electric vehicles for delivery.

Sawyers will be open to the local community and the public at large, and will also offer yacht provisioning for guests of the marina. Orders can be placed in advance for large quantities and other special requests. Customers can also purchase online and via a mobile app, options that are expected to be available by the time the store opens next year.

The new store will offer extended hours, 7 a.m.-10 p.m. every day including Sundays. Unusual for grocery stores in the Bahamas, this is intended to provide convenient service to locals, visitors and the yachting community.

Learling Moss, chief financial officer of Sawyer's Fresh Market, said the store will create 75 permanent jobs. "This is a major accomplishment for us," he added. "This is just the first of our investments in the Nassau market."

Sawyer's Fresh Market will be one of several amenities within Paradise Landing, an all-inclusive residential and yachting village on Paradise Island.

"We are past phase I," said Kosoy. "The supermarket and restaurant are phase II. In the fall we are going to promote the next phase which is a seven-story condominium complex."

"Work began back in 2018 on the mixed-use development that consists of retail, office, and residential, as well as the redevelopment of the Hurricane Hole Superyacht Marina."

The new Hurricane Hole Marina recently opened after a complete redevelopment that transformed it into a world-class destination for superyachts. The expansion, created from underused upland, doubled the size of the iconic marina without extending its footprint into Nassau harbour. The state-of-the-art redesign added upscale amenities and the latest in technology, from amply powered docking facilities with 24-hour security to in-slip fueling and reliable Wi-Fi and internet connectivity. The new marina can accommodate yachts up to 420 ft long with a 240-foot turning basin and a depth of 14 feet.

The marina is situated within a community with an array of top-of-the-line facilities, including fitness facilities, swimming pools, private meeting spaces, financial services, and luxury residences. Not just a luxury stop for yacht owners, Paradise Landing also welcomes captains and crews to enjoy all of the amenities from the pool, to the gym, lounges, restaurants, and more.

Conveniently located adjacent to the marina, Sterling Commons is an engaging assortment of residential, retail, and dining facilities with many upscale amenities. It's now home to the flagship store of 700 Wine and Spirits, a private bank & trust On the horizon are the luxury Residences of Paradise Landing and a waterfront-dining complex.

This stunning community is coming to life just as promised by Sterling Global, which is grateful for the support of the Bahamas government and proud to create the project for the people of these islands. Sterling Global, continues to invest in the Bahamas' future and deliver on its plans. The company looks forward to doing so for many years to come.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm