South Sound is being transformed by new projects in various stages of completion.
Fin is pioneering a long-term coral reef conservation program with 36 unit private residential development on over two acres of oceanfront land, with a private beach, salt water lagoon, elevated glass bottom pool.
Davenport Development is building the first phase of Vela, a 168-unit condo complex around a swimming pool and the first phase is sold out.
The NCB Group has begun sales on beachfront project, Tides, which includes 24 ocean side condos priced at multi million-dollars.
Seven Mile Beach Investment company owned by Ergun Berksoy has Orchid Cove project underway. The project includes 8 beachfront apartments across 4 floors totalling up to 2,500 square feet.
Another project under development is the Shore Club, a six-residence project from Baraud Development Ltd.
Kim Lund from real estate agency RE/MAX, said the development boom is a result of the increasing demand in South Sound and added: “It is definitely the desirable neighborhood, and the prices remain attractive. There is tremendous demand for that area, particularly from people working in George Town.”