Miami-based investment and property development firm Yntegra Group has outlined grand plans to create an “ultra-luxury residential community” on two islands in the Exumas in the Bahamas.
Between them, Sampson Cay and Cave Cay present 367 acres of tropical island real estate. The idea is build them up with branded residences, two boutique resorts, and superyacht marinas – creating what the developer calls “a new benchmark for innovation, luxury living, and unparalleled experiences.
Proposals have been in the works for the last four years, and now have the backing of the Bahamian government. Yntegra claims to be the largest active developer in the region. It is pursuing a “long-term strategic vision of unlocking the unrealised investment and economic potential of the Exumas,” explains founder Felipe MacLean, who calls the 365-island archipelago “Billionaires Row - home to the global elite”.
The company has raised $70 million in initial private funding for the project so far. Construction is slated to start in 2025.
Part of a wider “Exumas Renaissance”, MacLean’s team suggests the development of Sampson and Cave Cays “can hand-in-hand foster positive socio-economic development within the region”, by creating more than 500 jobs and generating an economic impact worth $2.5bn.
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