South Abaco Developments on the Move
The Nassau Tribune
Published Tuesday, March 09, 2010
By Noelle Nicolls
Great Abaco’s south side is primed for a major economic boost with groundbreaking on two beach-side sister developments on the five-mile long Schooner Bay Beach, Abaco.
With the unbroken stretch of beach as a prime draw for potential home owners, Serenity Point has taken measures to ensure a light development footprint.
According to Eric Carey, Bahamas National Trust president, the beach is not only lovely for human activity, it is a prime turtle nesting ground. Hence, “[Serenity Point] has committed to keeping lights off the beach. They have also committed to using as much native vegetation as possible; taking out the few casuarinas that are there. They say they will commit to keeping the dune intact because this beach profile is entirely dependent on this dune being intact,” he said.
The article notes that the same commitments were secured from the neighboring Schooner Bay development, which ensures that this whole area is sustainable and environmentally sound.
In addition to the shared beach, both projects have one major element in common. They are fully self-financed by private investors.
Regarding Serenity Point, the Nihon family has owned large tracks of land in Abaco since the 1960s. Asked about the timing of the development, Mr Nihon II said: “We have a wonderful team, so we are going to gradually grow. It is going to take time, so watch what will happen in the next two or three years.”