Albany Media Features

40
MEDIA FEATURES A NEW LUXURY RESORT COMMUNITY Volume One

description

Booklet containing press and media articles on Albany - A Luxury Resort Community

Transcript of Albany Media Features

Page 1: Albany Media Features

M E D I A F E AT U R E S

A N E W L U X U R Y R E S O R T C O M M U N I T Y

Volume One

ALBANY

M E D I A F E AT U R E S

Fortune Five New Courses to Watch- March 2009

Vanity Fair Fan Fair- November 2008

Country and Town House The Moor the Merrier- February 2009

New York Times Breaking Ground Albany- February 2009

Jamaque Jamque Homes- Vol2 No1- Summer 2009

Robb Report Vacation Homes Ground Floor- March 2009

Marina World Welcoming the Big Boats New Facilities- MayJune 2009

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1- Summer 2009

Spearrsquos Wealth Management Berth Pangs- January 2009

Boat International USA Albany in the Bahamas- May 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

Links Magazine Switching Off- SeptemberOctober 2008

ALBANY

Fortune Five New Courses to Watch- March 2009

COVER

PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009

ALBANYNew Providence Bahamasalbanybahamascom

The idea for Albany was hatched in 2004 when Ernie Els Tiger Woods and British ex-pat trader Joe Lewis put their heads together to conceive of the ideal family retreat When 565 acres of beachfront property went on the market on New Providence Island they made an offer the next day Elsrsquo firm designed the 7400-yard course with natural coastal dunes and a crystal-blue serpentine lakeOpens 2010

Five New Courses to WatchBored with Bethpage Had it with the Homestead These hotly anticipated projects will welcome golfers soon - JS

THE PRAIRIE CLUBValentine Nebtheprairieclubcom

Itrsquos four hours from the nearest airport to the prairie club but anyone who has played Ballyneal or Sand Hills understands the allure of this part of the world Bring the big sticks for Tom Lehmanrsquos Dunes a wind-torn links-style course stretching more than 8000 yards Then test your short game against the wildly undulating greens of the par-3 Horse CourseOpens May 2010

CASTLE STUARTInverness Scotlandcastlestuartgolfcom

Royal Dornoch and Nairn will have a new neighbor in the Highlands this July Situated next to the 16th-century Castle Stuart the course is designed by architects Gil Hanse and Mark Parsinen The Moray Firth a sparkling inlet provides a stunning backdrop particularly on the par-3 11th where wild fescue grasses and ragged-edged bunkers frame a massive greenOpens July 2009

THE PATRIOTOwasso Oklapatriotgolfclubcom

Major Dan Rooney an F-16 fighter pilot in the Air National Guard established Patriot Golf Day as a way for golfers to honor military service by donating to a scholarship fund for the families of those killed or disabled in action With holes named for patriots like George Washington and Rosa Parks the Robert Trent Jones II-designed course will wind across rolling prairie Opens fall 2009

OLD MACDONALDBandon Dunes Orebandondunesgolfcom

As if you needed another reason to visit Brandon Dunes the purist golf retreat is opening a fourth course Designed by Tom Doak and Jim Urbina it is a tribute to Charlse Blair Macdonald whose National Golf Links in Southampton NY is among the top-ranked in the world Expect uphill blind shots and classic ldquoRedanrdquo and ldquoEdenrdquo par 3s inspired by the famous Scottish originalsOpens June 2009

48 March 16 2009

LIFE TOPATTHE

Hole 17 Green ldquoBail outrdquo area

Tee Area

ALBANY

2

Vanity Fair Fan Fair- November 2008

COVER

2

PAGE 1 OF 1

FANFAIRBahamas Bliss

Daydreaming about swimming and snorkeling in one of the worldrsquos largest barrier reefs What about catching fish for dinner shopping at high-end boutiques for embroidered caftans curling up on a chaise and watching a favorite old movie in a private outdoor theater or playing golf on an Ernie Els-

designed golf course amid bougainvillea blooms and fresh salt air If so the Bahamian archipelago which is made up of 700 tiny islands is for you Whether yoursquore looking to rent a private island check into a five-star resort or buy a piece of oceanfront property in one of several exclusive new developments the Bahamas has it all Herewith the hottest spots -PUNCH HUTTON

V A N I T Y F A I R | wwwvanityfaircom N O V E M B E R 2 0 0 8

AT P L AY I N A N E L E G A N T U T O P I A

ALBANY (albanybahamascom)Albany is a new 565-acre luxury oceanfront resort community

currently being built on New Providence Island set to open early 2010A C C O M M O D A T I O N S A world-renowned group of architects including Robert A M Stern Charles Gwathmey and Robert Siegel has been commissioned to design a boutique hotel custom homes and grand marina residences D I N I N G

Five restaurants including one with a five-star rating S P A Full service W A T E R S P O R T S A 15-acre inland marina allows for

everything from sailing and scuba diving to deep-sea fishing O N - L A N D F U N Boxing facility kidsrsquo clubhouse with water park equestrian center tennis courts and 18-hole championship golf course designed by Ernie Els F U N F A C T S Albany House the newly renovated clubhouse is where James Bond seduced a villainrsquos wife in Casino Royal 2006 Tiger Woods and Els are two of the resortrsquos developers

H A N G O U T W I T H T H E L O C A L S

A C C O M M O D A T I O N S Quaint oceanfront cottages of the Staniel Cay Yacht Club starting at $162 H O W B I G I S T H E I S L A N D Less than two square miles D I N I N G The bar and restaurant of the yacht club are where the Exumas

social scene con-verges The catch of the day is really the catch of the day and they serve real down-home dishes such as Bahamian spiny lobster and burgers W A T E R S P O R T S Snor-keling fishing kaya-

king swimming with sharks sailboat racing and scuba diving F U N F A C T The James Bond films Thunderball and Never Say Never Again were filmed at Thunder-ball Cave a natural fishbowl P R I V A C Y F A C T O R Low but itrsquos not easy to get to so itrsquos far from touristy

O W N E D B Y David Copperfield I S L A N D R E N T A L F E E $32250 per day (includes a staff of 30) A C C O M M O D A T I O N S Five guest houses H O W B I G A R E T H E I S -L A N D S Just over 700 acres D I N I N G Private chefs S P A S E R V I C E S Massage therapist yoga and Pilates instructors W A T E R S P O R T S Sunfish sailboats windsurfing fishing a water trampoline scuba d i v - ing WaveRunners a catamaran and four other

boats at guestsrsquo disposal O N - L A N D F U N Tennis volleyball and badminton

courts karaoke machines fireworks and trea-sure hunts P R I V A C Y F A C T O R Total F U N F A C T S There is an outdoor movie theater and you can play on Houdinirsquos personal championship billiards table G U E S T S H A V E I N C L U D E D

Oprah Winfrey Robin Williams and Tim McGraw

THE ISLANDS OF COPPERFIELD BAY Formerly known as Musha Cay (mushacaycom)

STANIEL CAY (stanielcaycom)

R E N T T H E E N T I R E I S L A N D C H A I N

Albany Marina Penthouse Terrace Robert AM Stern

Albany Architect Design Review Session at Robert AM Sternrsquos Offices in NYC

ALBANYALBANY

Country and Town House The Moor the Merrier- February 2009

PAGE 1 OF 2

THE MOOR THE MERRIER

With the megayacht business booming demand for comparableberthing facilities is growing Lucy Denyer checks out the latest

marina developments to come on stream

There is nothing- absolutely nothing- half so much worth doing as simply messing about in boatsrsquo declared Ratty in the The Wind in the Willows And while a talking water rat might not be everyonersquos biggest inspiration there are plenty people out there who agree with him

Despite global financial meltdown the elite yacht industry is still making megabucks In the 40-metre-plus mega-yacht bracket there are 450 vessels being built meaning all the boat-building yards with such capability are booked out until 2013 ldquoThey are the must-have accessory in the wealthy worldrsquo says Jillian Montgomery CEO of Camper amp Nicholson the worldrsquos oldest boat builder ldquoThere is a huge demand worldwidersquo Small wonder that Camper amp Nicholson is moving into the big-boat league with 50-70-metre boats that will cost between L12m and L20m Messing about in boats on the river-bank this is not But where once you have it do you park your yacht lsquoWhile the number of super-yachts has more or less doubled since 2000 the development of ma-rinas has remained limited- especially in popular areas such as the French Rivierarsquo says Montgom-ery lsquoThere is a huge demand for marina berths worldwide particularly large ones where demand totally outweighs supplyrsquo This in turn pushes prices up A quick glance at Knight Frankrsquos most recent Prime International Residential Index says it all While the prime residential market is starting to weaken the super-prime market- of properties valued at above L10m- is still going strong Where is top of the pile Why Monaco of course- spiritual home of the yacht-setter Property here will set you back L3760 per square foot- and thatrsquos not including a berth for your boat

lsquoThe reason marinas continue to be a very good driver is that there are really not many berths around for big boatsrsquo says James Price head of international residential development at Knight Frank lsquoAnything offering a new berth opportunity is going to have some appeal but linking it with residential developments too will also add valuersquo And while not all marinas are going to be targeted at the super rich those

on the lesser scale will still have their appeal- an oligarch might not buy into one but he may want his crew toSo where can you park your boat these days-and where will you be able to in the next few years Top of the pile is the Carribbean lsquoItrsquos wonderful sail-ing and people want to sail in good climatesrsquo says Charles Weston Baker managing director of global development consultancy at Savills Property in the British Virgin Islands (BVIs) for example is still booming- over the past eight years real estate prices have gone up 10 per cent The BVIs also have the added advantage of being an offshore financial

centre and boast Category 1 status for its marina- in basic terms this means the wealthiest people with the biggest yachts can moor there next to their marina properties and also benefit from tax breaks Want to buy these Nanny Cay on the south side of Tortola is the BVIrsquos flagship marina where prices range from L430000 to L630000 20 of the units are left all with docks attached (nannycaycom)

lsquoTHERE IS HUGEDEMAND FOR

MARINA BERTHSPARTICULARLY LARGE

ONES WHEREDEMAND TOTALLY

OUTWEIGHTS SUPPLYrsquo

lsquo BERTH PLACEAlbany a luxury beach

resort developmentin New Providenceis well on the way

(above) More modest prices can be found at Grand Harbor in

Grenada (right)

COVER

4

PAGE 2 OF 2

Alternatively Scrub Island is a brand- new private island resort which opens in July and as well as offering ready-built villas will also offer lots on which you can build your own home Villa prices start at L23m (scrubislandcom)There are other places to splash the cash in the Caribbean-Altamer for example is a development of nine lsquoarchitectural signature residencesrsquo that Savills is mar-keting in Anguilla Prices range from L102 up to an eye-wateringL36m You get your own beach pool wine cellar and cinema as well as pri-vate jet facilities and of course a mega-yacht marina lsquoThere are five billion-aires there alreadyrsquo says Weston Baker Further along in the Bahamas mean-while plans are well underway for the development of Albany a luxury beach resort on the island of New Providence Part of the development will be completed later this year the 565-acre site will eventually include a deep water mega-yacht marina with 13 dedicated apartment buildings containing about 100 units which will range in price from L26m to L26m (knightfrankcoukinternational) If the Caribbeanrsquos not your thing but you still want hot head to Eden Island in the Seychilles a purpose-built 100-acre addition to the existing 115 islands of the Seychilles which will have 38 acres of private waterways and include a marina that specializes in ac-commodating both super- and mega-yachts even those over 80m in length Every unit at Eden Island comes with its own private mooring either right in front of or close to their villa (savillscoukabroad) Or what about Dubai This playground for the rich has its prop-erty Mecca in Dubai marina where anyone who is anyone wants a spot for their boat lsquoDubai was a desert so anything along the boating line is seen as a luxuryrsquo says Hannah Rogerson head of the Middle Eastern department of top-end search agency Quintes-sentially Estates lsquoItrsquos very difficult to get hold of water for your own little mooring so if a property has that as an addition itrsquos something to get excited aboutrsquo Despite the sand Dubai is try-ing to establish itself as the Marina Capital of the World and an international destination for the worldrsquos super-yacht owners with 30000 estimated berths being built over the next five years If Europe is more your thing but you want somewhere up and coming Croatia is the place to look says Weston Baker lsquoIt is second to none in terms of sailingrsquo New legislation concerning development also means that opportunities for marina facilities are opening up The most talked-about of these is Porto Montenegro an ex-travagantly ambitious project that will see the former cold war

naval base of Tivat just north of Corfu turned into one of the largest marinas in the Med with 650 berths that include space for 130-150 super-yachts lsquoIt will be specifically targeted as a home port for these yachts all year roundrsquo explains Oliver Corlette man-aging director of the scheme Plans are for about 100 berths to be complete by this summer about 25 to 30 apartments are also just being released on to the market priced between L315000 and L18m -apartment owners will also get a 75 per cent discount on

a berth for the first three years of ownership (portmontenegrocom) Tempted by whatrsquos out there but donrsquot own a yacht Despite the demand for boats there are deals to be had as cash-strapped financers and bankers start trading in their gin palaces Earlier in the autumn the sellers of one of the worldrsquos most luxurious yachts- the 164ft Alibella offered a L85m discount to a buyer prepared to complete a deal within 30 days bringing the price down to L22m Candyscape the floating home of super-developers the Candy brothers can be yours for L117m reduced from L139m (edmin-stoncompanycom) The yachting industry may still be booming when it comes to building the boats but in this market therersquos al-ways room for a bargain Something that the modest Ratty might be more inclined to approve of

MOOR LIKE ITClockwise from left

Prices at Altamer rise to a huge L36m

Porto Montenegro is hotly anticipated

if you donrsquot wantthe Caribbean try Eden Island

in the Seychelles Quintessentially is

marketingVGreece on the World of Dubai

ALBANY

New York Times Breaking Ground Albany- February 2009

ALBANY

PAGE 1 OF 1

It is rare to find a project with as many notable names as Albany a 565-acre resort community under

construction on the southwest coast of New Providence Island in the Baha-mas Developed by Tiger Woods and Ernie Els as well as Joe Lewis the Brit-ish billionaire who heads the Tavistock Group investment firm the project counts Robert A M Stern and Charles Gwathmey among its architects and its master plan was designed by Andreacutes Duany known for his work on the Sea-side Fla New Urbanist community Plans call for 325 residences a bou-tique hotel and an 18-hole golf course designed by Mr Els Homesite buyers

have the option of having predesigned cottages which will also be used as ho-tel rooms built for them or they can design and construct custom homes while adhering to architectural guide-lines The condo buildings will line the 71-slip inland marina Also planned are multiple restaurants a full-service spa a fitness center with a boxing ring a childrenrsquos clubhouse a 15-acre eques-trian center and pools including some in a water park with slides The Lynden Pindling International Airport is less than 10 minutes from the projectrsquos site

Breaking Ground Albany

Escapes FRIDAY FEBRUARY 27 2009

GREAT ESCAPE Albany Beach Club

GOLF BUDDIES Ernie Els and Tiger Woods are Albany partners

GREAT ESCAPE Albany Marina (digital rendering)

WHAT Luxury beachfront resort and residential development

WHERE The Bahamas

AMENITIES A golf course and a marina among others

PRICES Homesites start at $175 million condominiums at $4 million

STATUS Scheduled to open early next year

DEVELOPERS The Tavistock Group Tiger Woods and Ernie Els

CONTACT (407) 909-5936 or (888) 909-7001 or wwwalbanybahamascom

Excerpt from New York Times on Friday February 27 2009

6

Jamaque Jamaque Homes- Vol2 No1-Summer 2009

HOMESALBANY A FAMILY PLAYGROUND WITH SOMETHING FOR EVERYONE

Albany Marina Rooftop Penthouse TerraceRobert AM Stern(digital rendering)

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

NCOVER

6

PAGE 1 OF 5

ALBANY ALBANY

PAGE 3 OF 5

ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

Albany Beach Club

PAGE 2 OF 5

Tiger Woods and Ernie Els

Albany Partners

8ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

8

PAGE 3 OF 5

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany MarinaRooftop Penthouse TerraceMorris Adjmi(digital rendering)

ALBANY 10ALBANYALBANY

14

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 18-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

PAGE 4 OF 5

Albany Marina Streetscape(digital rendering)

Albany Marina Residence Living Room

Robert AM Stern(digital rendering)

10

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 16-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

View from Albany Beach Club

Albany Design Review Session at Robert AM Stern Offices in New York City

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

A family water park featuring an assortment of pools slides grottos and waterfalls is in the works Construction on the Conch House a su-pervised clubhouse just for kids is also making headway Outfitted with activity centers for vari-

ous age groups and appointment-based child care the Conch House can engage toddlers to teens

Albany also broke ground on its enclave of northside ameni-ties centered on sports fitness and relaxation Health enthu-siasts will find a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre equipped with lighted Har-Tru tennis courts The Albany Spa a full-service spa outfitted with a salon and exquisite individual treatment pavilions for private services is currently being built

Beyond its luxury amenities Albany will be recognized for its architectural distinction offering a range of styles that will all stay true to the era that inspired their design

A hallmark of Albanyrsquos architectural merit is the unprece-dented collection of design talent the developers assembled between world-renowned architects Robert AM Stern Charles Gwathmey Robert Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor living spaces setting a new standard for island living Priced from US$4 million to more than US$20 million the marina residences range from two-bedroom apartments to five-bedroom penthouses with private swimming pools each with exceptional views of the marina ocean and golf course

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and court-yard gardens Priced from US$15 million these home lots will span a wide range of architectural

styles Albanyrsquos Golf Course lots also priced from US$15 million will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Sur-rounding the equestrian centre the Ranchette custom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of beachfront home lots that offer breathtaking views of the water Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the beach and ocean

ldquoItrsquos a pretty unique situation when you can say you already have 75 families from 12 countries represented as future resi-dents of Albanyrdquo Anand said ldquoOur long-term goal is to cre-ate an enduring resort community which sets a new quality standardrdquo

Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walk-able compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile De-signed by noted planner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan complements both the nature and architecture of the community

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect be-yond anything you can find at home or in a resort It will be utopiardquo

Defined by its incomparable setting amenities services and architecture Albany (wwwalbanybahamascom) is destined to be the type of resort community families will visit again and again JAQ

10

PAGE 5 OF 5

Albany Beach Club

Albany Design Review Session atRobert AM Stern Offices in New York City

ALBANYALBANY

Robb Report Vacation Homes Ground Floor- March 2009

COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 millionContact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 2: Albany Media Features

ALBANY

M E D I A F E AT U R E S

Fortune Five New Courses to Watch- March 2009

Vanity Fair Fan Fair- November 2008

Country and Town House The Moor the Merrier- February 2009

New York Times Breaking Ground Albany- February 2009

Jamaque Jamque Homes- Vol2 No1- Summer 2009

Robb Report Vacation Homes Ground Floor- March 2009

Marina World Welcoming the Big Boats New Facilities- MayJune 2009

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1- Summer 2009

Spearrsquos Wealth Management Berth Pangs- January 2009

Boat International USA Albany in the Bahamas- May 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

Links Magazine Switching Off- SeptemberOctober 2008

ALBANY

Fortune Five New Courses to Watch- March 2009

COVER

PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009

ALBANYNew Providence Bahamasalbanybahamascom

The idea for Albany was hatched in 2004 when Ernie Els Tiger Woods and British ex-pat trader Joe Lewis put their heads together to conceive of the ideal family retreat When 565 acres of beachfront property went on the market on New Providence Island they made an offer the next day Elsrsquo firm designed the 7400-yard course with natural coastal dunes and a crystal-blue serpentine lakeOpens 2010

Five New Courses to WatchBored with Bethpage Had it with the Homestead These hotly anticipated projects will welcome golfers soon - JS

THE PRAIRIE CLUBValentine Nebtheprairieclubcom

Itrsquos four hours from the nearest airport to the prairie club but anyone who has played Ballyneal or Sand Hills understands the allure of this part of the world Bring the big sticks for Tom Lehmanrsquos Dunes a wind-torn links-style course stretching more than 8000 yards Then test your short game against the wildly undulating greens of the par-3 Horse CourseOpens May 2010

CASTLE STUARTInverness Scotlandcastlestuartgolfcom

Royal Dornoch and Nairn will have a new neighbor in the Highlands this July Situated next to the 16th-century Castle Stuart the course is designed by architects Gil Hanse and Mark Parsinen The Moray Firth a sparkling inlet provides a stunning backdrop particularly on the par-3 11th where wild fescue grasses and ragged-edged bunkers frame a massive greenOpens July 2009

THE PATRIOTOwasso Oklapatriotgolfclubcom

Major Dan Rooney an F-16 fighter pilot in the Air National Guard established Patriot Golf Day as a way for golfers to honor military service by donating to a scholarship fund for the families of those killed or disabled in action With holes named for patriots like George Washington and Rosa Parks the Robert Trent Jones II-designed course will wind across rolling prairie Opens fall 2009

OLD MACDONALDBandon Dunes Orebandondunesgolfcom

As if you needed another reason to visit Brandon Dunes the purist golf retreat is opening a fourth course Designed by Tom Doak and Jim Urbina it is a tribute to Charlse Blair Macdonald whose National Golf Links in Southampton NY is among the top-ranked in the world Expect uphill blind shots and classic ldquoRedanrdquo and ldquoEdenrdquo par 3s inspired by the famous Scottish originalsOpens June 2009

48 March 16 2009

LIFE TOPATTHE

Hole 17 Green ldquoBail outrdquo area

Tee Area

ALBANY

2

Vanity Fair Fan Fair- November 2008

COVER

2

PAGE 1 OF 1

FANFAIRBahamas Bliss

Daydreaming about swimming and snorkeling in one of the worldrsquos largest barrier reefs What about catching fish for dinner shopping at high-end boutiques for embroidered caftans curling up on a chaise and watching a favorite old movie in a private outdoor theater or playing golf on an Ernie Els-

designed golf course amid bougainvillea blooms and fresh salt air If so the Bahamian archipelago which is made up of 700 tiny islands is for you Whether yoursquore looking to rent a private island check into a five-star resort or buy a piece of oceanfront property in one of several exclusive new developments the Bahamas has it all Herewith the hottest spots -PUNCH HUTTON

V A N I T Y F A I R | wwwvanityfaircom N O V E M B E R 2 0 0 8

AT P L AY I N A N E L E G A N T U T O P I A

ALBANY (albanybahamascom)Albany is a new 565-acre luxury oceanfront resort community

currently being built on New Providence Island set to open early 2010A C C O M M O D A T I O N S A world-renowned group of architects including Robert A M Stern Charles Gwathmey and Robert Siegel has been commissioned to design a boutique hotel custom homes and grand marina residences D I N I N G

Five restaurants including one with a five-star rating S P A Full service W A T E R S P O R T S A 15-acre inland marina allows for

everything from sailing and scuba diving to deep-sea fishing O N - L A N D F U N Boxing facility kidsrsquo clubhouse with water park equestrian center tennis courts and 18-hole championship golf course designed by Ernie Els F U N F A C T S Albany House the newly renovated clubhouse is where James Bond seduced a villainrsquos wife in Casino Royal 2006 Tiger Woods and Els are two of the resortrsquos developers

H A N G O U T W I T H T H E L O C A L S

A C C O M M O D A T I O N S Quaint oceanfront cottages of the Staniel Cay Yacht Club starting at $162 H O W B I G I S T H E I S L A N D Less than two square miles D I N I N G The bar and restaurant of the yacht club are where the Exumas

social scene con-verges The catch of the day is really the catch of the day and they serve real down-home dishes such as Bahamian spiny lobster and burgers W A T E R S P O R T S Snor-keling fishing kaya-

king swimming with sharks sailboat racing and scuba diving F U N F A C T The James Bond films Thunderball and Never Say Never Again were filmed at Thunder-ball Cave a natural fishbowl P R I V A C Y F A C T O R Low but itrsquos not easy to get to so itrsquos far from touristy

O W N E D B Y David Copperfield I S L A N D R E N T A L F E E $32250 per day (includes a staff of 30) A C C O M M O D A T I O N S Five guest houses H O W B I G A R E T H E I S -L A N D S Just over 700 acres D I N I N G Private chefs S P A S E R V I C E S Massage therapist yoga and Pilates instructors W A T E R S P O R T S Sunfish sailboats windsurfing fishing a water trampoline scuba d i v - ing WaveRunners a catamaran and four other

boats at guestsrsquo disposal O N - L A N D F U N Tennis volleyball and badminton

courts karaoke machines fireworks and trea-sure hunts P R I V A C Y F A C T O R Total F U N F A C T S There is an outdoor movie theater and you can play on Houdinirsquos personal championship billiards table G U E S T S H A V E I N C L U D E D

Oprah Winfrey Robin Williams and Tim McGraw

THE ISLANDS OF COPPERFIELD BAY Formerly known as Musha Cay (mushacaycom)

STANIEL CAY (stanielcaycom)

R E N T T H E E N T I R E I S L A N D C H A I N

Albany Marina Penthouse Terrace Robert AM Stern

Albany Architect Design Review Session at Robert AM Sternrsquos Offices in NYC

ALBANYALBANY

Country and Town House The Moor the Merrier- February 2009

PAGE 1 OF 2

THE MOOR THE MERRIER

With the megayacht business booming demand for comparableberthing facilities is growing Lucy Denyer checks out the latest

marina developments to come on stream

There is nothing- absolutely nothing- half so much worth doing as simply messing about in boatsrsquo declared Ratty in the The Wind in the Willows And while a talking water rat might not be everyonersquos biggest inspiration there are plenty people out there who agree with him

Despite global financial meltdown the elite yacht industry is still making megabucks In the 40-metre-plus mega-yacht bracket there are 450 vessels being built meaning all the boat-building yards with such capability are booked out until 2013 ldquoThey are the must-have accessory in the wealthy worldrsquo says Jillian Montgomery CEO of Camper amp Nicholson the worldrsquos oldest boat builder ldquoThere is a huge demand worldwidersquo Small wonder that Camper amp Nicholson is moving into the big-boat league with 50-70-metre boats that will cost between L12m and L20m Messing about in boats on the river-bank this is not But where once you have it do you park your yacht lsquoWhile the number of super-yachts has more or less doubled since 2000 the development of ma-rinas has remained limited- especially in popular areas such as the French Rivierarsquo says Montgom-ery lsquoThere is a huge demand for marina berths worldwide particularly large ones where demand totally outweighs supplyrsquo This in turn pushes prices up A quick glance at Knight Frankrsquos most recent Prime International Residential Index says it all While the prime residential market is starting to weaken the super-prime market- of properties valued at above L10m- is still going strong Where is top of the pile Why Monaco of course- spiritual home of the yacht-setter Property here will set you back L3760 per square foot- and thatrsquos not including a berth for your boat

lsquoThe reason marinas continue to be a very good driver is that there are really not many berths around for big boatsrsquo says James Price head of international residential development at Knight Frank lsquoAnything offering a new berth opportunity is going to have some appeal but linking it with residential developments too will also add valuersquo And while not all marinas are going to be targeted at the super rich those

on the lesser scale will still have their appeal- an oligarch might not buy into one but he may want his crew toSo where can you park your boat these days-and where will you be able to in the next few years Top of the pile is the Carribbean lsquoItrsquos wonderful sail-ing and people want to sail in good climatesrsquo says Charles Weston Baker managing director of global development consultancy at Savills Property in the British Virgin Islands (BVIs) for example is still booming- over the past eight years real estate prices have gone up 10 per cent The BVIs also have the added advantage of being an offshore financial

centre and boast Category 1 status for its marina- in basic terms this means the wealthiest people with the biggest yachts can moor there next to their marina properties and also benefit from tax breaks Want to buy these Nanny Cay on the south side of Tortola is the BVIrsquos flagship marina where prices range from L430000 to L630000 20 of the units are left all with docks attached (nannycaycom)

lsquoTHERE IS HUGEDEMAND FOR

MARINA BERTHSPARTICULARLY LARGE

ONES WHEREDEMAND TOTALLY

OUTWEIGHTS SUPPLYrsquo

lsquo BERTH PLACEAlbany a luxury beach

resort developmentin New Providenceis well on the way

(above) More modest prices can be found at Grand Harbor in

Grenada (right)

COVER

4

PAGE 2 OF 2

Alternatively Scrub Island is a brand- new private island resort which opens in July and as well as offering ready-built villas will also offer lots on which you can build your own home Villa prices start at L23m (scrubislandcom)There are other places to splash the cash in the Caribbean-Altamer for example is a development of nine lsquoarchitectural signature residencesrsquo that Savills is mar-keting in Anguilla Prices range from L102 up to an eye-wateringL36m You get your own beach pool wine cellar and cinema as well as pri-vate jet facilities and of course a mega-yacht marina lsquoThere are five billion-aires there alreadyrsquo says Weston Baker Further along in the Bahamas mean-while plans are well underway for the development of Albany a luxury beach resort on the island of New Providence Part of the development will be completed later this year the 565-acre site will eventually include a deep water mega-yacht marina with 13 dedicated apartment buildings containing about 100 units which will range in price from L26m to L26m (knightfrankcoukinternational) If the Caribbeanrsquos not your thing but you still want hot head to Eden Island in the Seychilles a purpose-built 100-acre addition to the existing 115 islands of the Seychilles which will have 38 acres of private waterways and include a marina that specializes in ac-commodating both super- and mega-yachts even those over 80m in length Every unit at Eden Island comes with its own private mooring either right in front of or close to their villa (savillscoukabroad) Or what about Dubai This playground for the rich has its prop-erty Mecca in Dubai marina where anyone who is anyone wants a spot for their boat lsquoDubai was a desert so anything along the boating line is seen as a luxuryrsquo says Hannah Rogerson head of the Middle Eastern department of top-end search agency Quintes-sentially Estates lsquoItrsquos very difficult to get hold of water for your own little mooring so if a property has that as an addition itrsquos something to get excited aboutrsquo Despite the sand Dubai is try-ing to establish itself as the Marina Capital of the World and an international destination for the worldrsquos super-yacht owners with 30000 estimated berths being built over the next five years If Europe is more your thing but you want somewhere up and coming Croatia is the place to look says Weston Baker lsquoIt is second to none in terms of sailingrsquo New legislation concerning development also means that opportunities for marina facilities are opening up The most talked-about of these is Porto Montenegro an ex-travagantly ambitious project that will see the former cold war

naval base of Tivat just north of Corfu turned into one of the largest marinas in the Med with 650 berths that include space for 130-150 super-yachts lsquoIt will be specifically targeted as a home port for these yachts all year roundrsquo explains Oliver Corlette man-aging director of the scheme Plans are for about 100 berths to be complete by this summer about 25 to 30 apartments are also just being released on to the market priced between L315000 and L18m -apartment owners will also get a 75 per cent discount on

a berth for the first three years of ownership (portmontenegrocom) Tempted by whatrsquos out there but donrsquot own a yacht Despite the demand for boats there are deals to be had as cash-strapped financers and bankers start trading in their gin palaces Earlier in the autumn the sellers of one of the worldrsquos most luxurious yachts- the 164ft Alibella offered a L85m discount to a buyer prepared to complete a deal within 30 days bringing the price down to L22m Candyscape the floating home of super-developers the Candy brothers can be yours for L117m reduced from L139m (edmin-stoncompanycom) The yachting industry may still be booming when it comes to building the boats but in this market therersquos al-ways room for a bargain Something that the modest Ratty might be more inclined to approve of

MOOR LIKE ITClockwise from left

Prices at Altamer rise to a huge L36m

Porto Montenegro is hotly anticipated

if you donrsquot wantthe Caribbean try Eden Island

in the Seychelles Quintessentially is

marketingVGreece on the World of Dubai

ALBANY

New York Times Breaking Ground Albany- February 2009

ALBANY

PAGE 1 OF 1

It is rare to find a project with as many notable names as Albany a 565-acre resort community under

construction on the southwest coast of New Providence Island in the Baha-mas Developed by Tiger Woods and Ernie Els as well as Joe Lewis the Brit-ish billionaire who heads the Tavistock Group investment firm the project counts Robert A M Stern and Charles Gwathmey among its architects and its master plan was designed by Andreacutes Duany known for his work on the Sea-side Fla New Urbanist community Plans call for 325 residences a bou-tique hotel and an 18-hole golf course designed by Mr Els Homesite buyers

have the option of having predesigned cottages which will also be used as ho-tel rooms built for them or they can design and construct custom homes while adhering to architectural guide-lines The condo buildings will line the 71-slip inland marina Also planned are multiple restaurants a full-service spa a fitness center with a boxing ring a childrenrsquos clubhouse a 15-acre eques-trian center and pools including some in a water park with slides The Lynden Pindling International Airport is less than 10 minutes from the projectrsquos site

Breaking Ground Albany

Escapes FRIDAY FEBRUARY 27 2009

GREAT ESCAPE Albany Beach Club

GOLF BUDDIES Ernie Els and Tiger Woods are Albany partners

GREAT ESCAPE Albany Marina (digital rendering)

WHAT Luxury beachfront resort and residential development

WHERE The Bahamas

AMENITIES A golf course and a marina among others

PRICES Homesites start at $175 million condominiums at $4 million

STATUS Scheduled to open early next year

DEVELOPERS The Tavistock Group Tiger Woods and Ernie Els

CONTACT (407) 909-5936 or (888) 909-7001 or wwwalbanybahamascom

Excerpt from New York Times on Friday February 27 2009

6

Jamaque Jamaque Homes- Vol2 No1-Summer 2009

HOMESALBANY A FAMILY PLAYGROUND WITH SOMETHING FOR EVERYONE

Albany Marina Rooftop Penthouse TerraceRobert AM Stern(digital rendering)

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

NCOVER

6

PAGE 1 OF 5

ALBANY ALBANY

PAGE 3 OF 5

ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

Albany Beach Club

PAGE 2 OF 5

Tiger Woods and Ernie Els

Albany Partners

8ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

8

PAGE 3 OF 5

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany MarinaRooftop Penthouse TerraceMorris Adjmi(digital rendering)

ALBANY 10ALBANYALBANY

14

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 18-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

PAGE 4 OF 5

Albany Marina Streetscape(digital rendering)

Albany Marina Residence Living Room

Robert AM Stern(digital rendering)

10

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 16-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

View from Albany Beach Club

Albany Design Review Session at Robert AM Stern Offices in New York City

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

A family water park featuring an assortment of pools slides grottos and waterfalls is in the works Construction on the Conch House a su-pervised clubhouse just for kids is also making headway Outfitted with activity centers for vari-

ous age groups and appointment-based child care the Conch House can engage toddlers to teens

Albany also broke ground on its enclave of northside ameni-ties centered on sports fitness and relaxation Health enthu-siasts will find a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre equipped with lighted Har-Tru tennis courts The Albany Spa a full-service spa outfitted with a salon and exquisite individual treatment pavilions for private services is currently being built

Beyond its luxury amenities Albany will be recognized for its architectural distinction offering a range of styles that will all stay true to the era that inspired their design

A hallmark of Albanyrsquos architectural merit is the unprece-dented collection of design talent the developers assembled between world-renowned architects Robert AM Stern Charles Gwathmey Robert Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor living spaces setting a new standard for island living Priced from US$4 million to more than US$20 million the marina residences range from two-bedroom apartments to five-bedroom penthouses with private swimming pools each with exceptional views of the marina ocean and golf course

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and court-yard gardens Priced from US$15 million these home lots will span a wide range of architectural

styles Albanyrsquos Golf Course lots also priced from US$15 million will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Sur-rounding the equestrian centre the Ranchette custom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of beachfront home lots that offer breathtaking views of the water Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the beach and ocean

ldquoItrsquos a pretty unique situation when you can say you already have 75 families from 12 countries represented as future resi-dents of Albanyrdquo Anand said ldquoOur long-term goal is to cre-ate an enduring resort community which sets a new quality standardrdquo

Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walk-able compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile De-signed by noted planner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan complements both the nature and architecture of the community

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect be-yond anything you can find at home or in a resort It will be utopiardquo

Defined by its incomparable setting amenities services and architecture Albany (wwwalbanybahamascom) is destined to be the type of resort community families will visit again and again JAQ

10

PAGE 5 OF 5

Albany Beach Club

Albany Design Review Session atRobert AM Stern Offices in New York City

ALBANYALBANY

Robb Report Vacation Homes Ground Floor- March 2009

COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 millionContact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 3: Albany Media Features

M E D I A F E AT U R E S

Fortune Five New Courses to Watch- March 2009

Vanity Fair Fan Fair- November 2008

Country and Town House The Moor the Merrier- February 2009

New York Times Breaking Ground Albany- February 2009

Jamaque Jamque Homes- Vol2 No1- Summer 2009

Robb Report Vacation Homes Ground Floor- March 2009

Marina World Welcoming the Big Boats New Facilities- MayJune 2009

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1- Summer 2009

Spearrsquos Wealth Management Berth Pangs- January 2009

Boat International USA Albany in the Bahamas- May 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

Links Magazine Switching Off- SeptemberOctober 2008

ALBANY

Fortune Five New Courses to Watch- March 2009

COVER

PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009

ALBANYNew Providence Bahamasalbanybahamascom

The idea for Albany was hatched in 2004 when Ernie Els Tiger Woods and British ex-pat trader Joe Lewis put their heads together to conceive of the ideal family retreat When 565 acres of beachfront property went on the market on New Providence Island they made an offer the next day Elsrsquo firm designed the 7400-yard course with natural coastal dunes and a crystal-blue serpentine lakeOpens 2010

Five New Courses to WatchBored with Bethpage Had it with the Homestead These hotly anticipated projects will welcome golfers soon - JS

THE PRAIRIE CLUBValentine Nebtheprairieclubcom

Itrsquos four hours from the nearest airport to the prairie club but anyone who has played Ballyneal or Sand Hills understands the allure of this part of the world Bring the big sticks for Tom Lehmanrsquos Dunes a wind-torn links-style course stretching more than 8000 yards Then test your short game against the wildly undulating greens of the par-3 Horse CourseOpens May 2010

CASTLE STUARTInverness Scotlandcastlestuartgolfcom

Royal Dornoch and Nairn will have a new neighbor in the Highlands this July Situated next to the 16th-century Castle Stuart the course is designed by architects Gil Hanse and Mark Parsinen The Moray Firth a sparkling inlet provides a stunning backdrop particularly on the par-3 11th where wild fescue grasses and ragged-edged bunkers frame a massive greenOpens July 2009

THE PATRIOTOwasso Oklapatriotgolfclubcom

Major Dan Rooney an F-16 fighter pilot in the Air National Guard established Patriot Golf Day as a way for golfers to honor military service by donating to a scholarship fund for the families of those killed or disabled in action With holes named for patriots like George Washington and Rosa Parks the Robert Trent Jones II-designed course will wind across rolling prairie Opens fall 2009

OLD MACDONALDBandon Dunes Orebandondunesgolfcom

As if you needed another reason to visit Brandon Dunes the purist golf retreat is opening a fourth course Designed by Tom Doak and Jim Urbina it is a tribute to Charlse Blair Macdonald whose National Golf Links in Southampton NY is among the top-ranked in the world Expect uphill blind shots and classic ldquoRedanrdquo and ldquoEdenrdquo par 3s inspired by the famous Scottish originalsOpens June 2009

48 March 16 2009

LIFE TOPATTHE

Hole 17 Green ldquoBail outrdquo area

Tee Area

ALBANY

2

Vanity Fair Fan Fair- November 2008

COVER

2

PAGE 1 OF 1

FANFAIRBahamas Bliss

Daydreaming about swimming and snorkeling in one of the worldrsquos largest barrier reefs What about catching fish for dinner shopping at high-end boutiques for embroidered caftans curling up on a chaise and watching a favorite old movie in a private outdoor theater or playing golf on an Ernie Els-

designed golf course amid bougainvillea blooms and fresh salt air If so the Bahamian archipelago which is made up of 700 tiny islands is for you Whether yoursquore looking to rent a private island check into a five-star resort or buy a piece of oceanfront property in one of several exclusive new developments the Bahamas has it all Herewith the hottest spots -PUNCH HUTTON

V A N I T Y F A I R | wwwvanityfaircom N O V E M B E R 2 0 0 8

AT P L AY I N A N E L E G A N T U T O P I A

ALBANY (albanybahamascom)Albany is a new 565-acre luxury oceanfront resort community

currently being built on New Providence Island set to open early 2010A C C O M M O D A T I O N S A world-renowned group of architects including Robert A M Stern Charles Gwathmey and Robert Siegel has been commissioned to design a boutique hotel custom homes and grand marina residences D I N I N G

Five restaurants including one with a five-star rating S P A Full service W A T E R S P O R T S A 15-acre inland marina allows for

everything from sailing and scuba diving to deep-sea fishing O N - L A N D F U N Boxing facility kidsrsquo clubhouse with water park equestrian center tennis courts and 18-hole championship golf course designed by Ernie Els F U N F A C T S Albany House the newly renovated clubhouse is where James Bond seduced a villainrsquos wife in Casino Royal 2006 Tiger Woods and Els are two of the resortrsquos developers

H A N G O U T W I T H T H E L O C A L S

A C C O M M O D A T I O N S Quaint oceanfront cottages of the Staniel Cay Yacht Club starting at $162 H O W B I G I S T H E I S L A N D Less than two square miles D I N I N G The bar and restaurant of the yacht club are where the Exumas

social scene con-verges The catch of the day is really the catch of the day and they serve real down-home dishes such as Bahamian spiny lobster and burgers W A T E R S P O R T S Snor-keling fishing kaya-

king swimming with sharks sailboat racing and scuba diving F U N F A C T The James Bond films Thunderball and Never Say Never Again were filmed at Thunder-ball Cave a natural fishbowl P R I V A C Y F A C T O R Low but itrsquos not easy to get to so itrsquos far from touristy

O W N E D B Y David Copperfield I S L A N D R E N T A L F E E $32250 per day (includes a staff of 30) A C C O M M O D A T I O N S Five guest houses H O W B I G A R E T H E I S -L A N D S Just over 700 acres D I N I N G Private chefs S P A S E R V I C E S Massage therapist yoga and Pilates instructors W A T E R S P O R T S Sunfish sailboats windsurfing fishing a water trampoline scuba d i v - ing WaveRunners a catamaran and four other

boats at guestsrsquo disposal O N - L A N D F U N Tennis volleyball and badminton

courts karaoke machines fireworks and trea-sure hunts P R I V A C Y F A C T O R Total F U N F A C T S There is an outdoor movie theater and you can play on Houdinirsquos personal championship billiards table G U E S T S H A V E I N C L U D E D

Oprah Winfrey Robin Williams and Tim McGraw

THE ISLANDS OF COPPERFIELD BAY Formerly known as Musha Cay (mushacaycom)

STANIEL CAY (stanielcaycom)

R E N T T H E E N T I R E I S L A N D C H A I N

Albany Marina Penthouse Terrace Robert AM Stern

Albany Architect Design Review Session at Robert AM Sternrsquos Offices in NYC

ALBANYALBANY

Country and Town House The Moor the Merrier- February 2009

PAGE 1 OF 2

THE MOOR THE MERRIER

With the megayacht business booming demand for comparableberthing facilities is growing Lucy Denyer checks out the latest

marina developments to come on stream

There is nothing- absolutely nothing- half so much worth doing as simply messing about in boatsrsquo declared Ratty in the The Wind in the Willows And while a talking water rat might not be everyonersquos biggest inspiration there are plenty people out there who agree with him

Despite global financial meltdown the elite yacht industry is still making megabucks In the 40-metre-plus mega-yacht bracket there are 450 vessels being built meaning all the boat-building yards with such capability are booked out until 2013 ldquoThey are the must-have accessory in the wealthy worldrsquo says Jillian Montgomery CEO of Camper amp Nicholson the worldrsquos oldest boat builder ldquoThere is a huge demand worldwidersquo Small wonder that Camper amp Nicholson is moving into the big-boat league with 50-70-metre boats that will cost between L12m and L20m Messing about in boats on the river-bank this is not But where once you have it do you park your yacht lsquoWhile the number of super-yachts has more or less doubled since 2000 the development of ma-rinas has remained limited- especially in popular areas such as the French Rivierarsquo says Montgom-ery lsquoThere is a huge demand for marina berths worldwide particularly large ones where demand totally outweighs supplyrsquo This in turn pushes prices up A quick glance at Knight Frankrsquos most recent Prime International Residential Index says it all While the prime residential market is starting to weaken the super-prime market- of properties valued at above L10m- is still going strong Where is top of the pile Why Monaco of course- spiritual home of the yacht-setter Property here will set you back L3760 per square foot- and thatrsquos not including a berth for your boat

lsquoThe reason marinas continue to be a very good driver is that there are really not many berths around for big boatsrsquo says James Price head of international residential development at Knight Frank lsquoAnything offering a new berth opportunity is going to have some appeal but linking it with residential developments too will also add valuersquo And while not all marinas are going to be targeted at the super rich those

on the lesser scale will still have their appeal- an oligarch might not buy into one but he may want his crew toSo where can you park your boat these days-and where will you be able to in the next few years Top of the pile is the Carribbean lsquoItrsquos wonderful sail-ing and people want to sail in good climatesrsquo says Charles Weston Baker managing director of global development consultancy at Savills Property in the British Virgin Islands (BVIs) for example is still booming- over the past eight years real estate prices have gone up 10 per cent The BVIs also have the added advantage of being an offshore financial

centre and boast Category 1 status for its marina- in basic terms this means the wealthiest people with the biggest yachts can moor there next to their marina properties and also benefit from tax breaks Want to buy these Nanny Cay on the south side of Tortola is the BVIrsquos flagship marina where prices range from L430000 to L630000 20 of the units are left all with docks attached (nannycaycom)

lsquoTHERE IS HUGEDEMAND FOR

MARINA BERTHSPARTICULARLY LARGE

ONES WHEREDEMAND TOTALLY

OUTWEIGHTS SUPPLYrsquo

lsquo BERTH PLACEAlbany a luxury beach

resort developmentin New Providenceis well on the way

(above) More modest prices can be found at Grand Harbor in

Grenada (right)

COVER

4

PAGE 2 OF 2

Alternatively Scrub Island is a brand- new private island resort which opens in July and as well as offering ready-built villas will also offer lots on which you can build your own home Villa prices start at L23m (scrubislandcom)There are other places to splash the cash in the Caribbean-Altamer for example is a development of nine lsquoarchitectural signature residencesrsquo that Savills is mar-keting in Anguilla Prices range from L102 up to an eye-wateringL36m You get your own beach pool wine cellar and cinema as well as pri-vate jet facilities and of course a mega-yacht marina lsquoThere are five billion-aires there alreadyrsquo says Weston Baker Further along in the Bahamas mean-while plans are well underway for the development of Albany a luxury beach resort on the island of New Providence Part of the development will be completed later this year the 565-acre site will eventually include a deep water mega-yacht marina with 13 dedicated apartment buildings containing about 100 units which will range in price from L26m to L26m (knightfrankcoukinternational) If the Caribbeanrsquos not your thing but you still want hot head to Eden Island in the Seychilles a purpose-built 100-acre addition to the existing 115 islands of the Seychilles which will have 38 acres of private waterways and include a marina that specializes in ac-commodating both super- and mega-yachts even those over 80m in length Every unit at Eden Island comes with its own private mooring either right in front of or close to their villa (savillscoukabroad) Or what about Dubai This playground for the rich has its prop-erty Mecca in Dubai marina where anyone who is anyone wants a spot for their boat lsquoDubai was a desert so anything along the boating line is seen as a luxuryrsquo says Hannah Rogerson head of the Middle Eastern department of top-end search agency Quintes-sentially Estates lsquoItrsquos very difficult to get hold of water for your own little mooring so if a property has that as an addition itrsquos something to get excited aboutrsquo Despite the sand Dubai is try-ing to establish itself as the Marina Capital of the World and an international destination for the worldrsquos super-yacht owners with 30000 estimated berths being built over the next five years If Europe is more your thing but you want somewhere up and coming Croatia is the place to look says Weston Baker lsquoIt is second to none in terms of sailingrsquo New legislation concerning development also means that opportunities for marina facilities are opening up The most talked-about of these is Porto Montenegro an ex-travagantly ambitious project that will see the former cold war

naval base of Tivat just north of Corfu turned into one of the largest marinas in the Med with 650 berths that include space for 130-150 super-yachts lsquoIt will be specifically targeted as a home port for these yachts all year roundrsquo explains Oliver Corlette man-aging director of the scheme Plans are for about 100 berths to be complete by this summer about 25 to 30 apartments are also just being released on to the market priced between L315000 and L18m -apartment owners will also get a 75 per cent discount on

a berth for the first three years of ownership (portmontenegrocom) Tempted by whatrsquos out there but donrsquot own a yacht Despite the demand for boats there are deals to be had as cash-strapped financers and bankers start trading in their gin palaces Earlier in the autumn the sellers of one of the worldrsquos most luxurious yachts- the 164ft Alibella offered a L85m discount to a buyer prepared to complete a deal within 30 days bringing the price down to L22m Candyscape the floating home of super-developers the Candy brothers can be yours for L117m reduced from L139m (edmin-stoncompanycom) The yachting industry may still be booming when it comes to building the boats but in this market therersquos al-ways room for a bargain Something that the modest Ratty might be more inclined to approve of

MOOR LIKE ITClockwise from left

Prices at Altamer rise to a huge L36m

Porto Montenegro is hotly anticipated

if you donrsquot wantthe Caribbean try Eden Island

in the Seychelles Quintessentially is

marketingVGreece on the World of Dubai

ALBANY

New York Times Breaking Ground Albany- February 2009

ALBANY

PAGE 1 OF 1

It is rare to find a project with as many notable names as Albany a 565-acre resort community under

construction on the southwest coast of New Providence Island in the Baha-mas Developed by Tiger Woods and Ernie Els as well as Joe Lewis the Brit-ish billionaire who heads the Tavistock Group investment firm the project counts Robert A M Stern and Charles Gwathmey among its architects and its master plan was designed by Andreacutes Duany known for his work on the Sea-side Fla New Urbanist community Plans call for 325 residences a bou-tique hotel and an 18-hole golf course designed by Mr Els Homesite buyers

have the option of having predesigned cottages which will also be used as ho-tel rooms built for them or they can design and construct custom homes while adhering to architectural guide-lines The condo buildings will line the 71-slip inland marina Also planned are multiple restaurants a full-service spa a fitness center with a boxing ring a childrenrsquos clubhouse a 15-acre eques-trian center and pools including some in a water park with slides The Lynden Pindling International Airport is less than 10 minutes from the projectrsquos site

Breaking Ground Albany

Escapes FRIDAY FEBRUARY 27 2009

GREAT ESCAPE Albany Beach Club

GOLF BUDDIES Ernie Els and Tiger Woods are Albany partners

GREAT ESCAPE Albany Marina (digital rendering)

WHAT Luxury beachfront resort and residential development

WHERE The Bahamas

AMENITIES A golf course and a marina among others

PRICES Homesites start at $175 million condominiums at $4 million

STATUS Scheduled to open early next year

DEVELOPERS The Tavistock Group Tiger Woods and Ernie Els

CONTACT (407) 909-5936 or (888) 909-7001 or wwwalbanybahamascom

Excerpt from New York Times on Friday February 27 2009

6

Jamaque Jamaque Homes- Vol2 No1-Summer 2009

HOMESALBANY A FAMILY PLAYGROUND WITH SOMETHING FOR EVERYONE

Albany Marina Rooftop Penthouse TerraceRobert AM Stern(digital rendering)

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

NCOVER

6

PAGE 1 OF 5

ALBANY ALBANY

PAGE 3 OF 5

ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

Albany Beach Club

PAGE 2 OF 5

Tiger Woods and Ernie Els

Albany Partners

8ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

8

PAGE 3 OF 5

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany MarinaRooftop Penthouse TerraceMorris Adjmi(digital rendering)

ALBANY 10ALBANYALBANY

14

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 18-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

PAGE 4 OF 5

Albany Marina Streetscape(digital rendering)

Albany Marina Residence Living Room

Robert AM Stern(digital rendering)

10

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 16-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

View from Albany Beach Club

Albany Design Review Session at Robert AM Stern Offices in New York City

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

A family water park featuring an assortment of pools slides grottos and waterfalls is in the works Construction on the Conch House a su-pervised clubhouse just for kids is also making headway Outfitted with activity centers for vari-

ous age groups and appointment-based child care the Conch House can engage toddlers to teens

Albany also broke ground on its enclave of northside ameni-ties centered on sports fitness and relaxation Health enthu-siasts will find a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre equipped with lighted Har-Tru tennis courts The Albany Spa a full-service spa outfitted with a salon and exquisite individual treatment pavilions for private services is currently being built

Beyond its luxury amenities Albany will be recognized for its architectural distinction offering a range of styles that will all stay true to the era that inspired their design

A hallmark of Albanyrsquos architectural merit is the unprece-dented collection of design talent the developers assembled between world-renowned architects Robert AM Stern Charles Gwathmey Robert Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor living spaces setting a new standard for island living Priced from US$4 million to more than US$20 million the marina residences range from two-bedroom apartments to five-bedroom penthouses with private swimming pools each with exceptional views of the marina ocean and golf course

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and court-yard gardens Priced from US$15 million these home lots will span a wide range of architectural

styles Albanyrsquos Golf Course lots also priced from US$15 million will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Sur-rounding the equestrian centre the Ranchette custom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of beachfront home lots that offer breathtaking views of the water Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the beach and ocean

ldquoItrsquos a pretty unique situation when you can say you already have 75 families from 12 countries represented as future resi-dents of Albanyrdquo Anand said ldquoOur long-term goal is to cre-ate an enduring resort community which sets a new quality standardrdquo

Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walk-able compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile De-signed by noted planner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan complements both the nature and architecture of the community

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect be-yond anything you can find at home or in a resort It will be utopiardquo

Defined by its incomparable setting amenities services and architecture Albany (wwwalbanybahamascom) is destined to be the type of resort community families will visit again and again JAQ

10

PAGE 5 OF 5

Albany Beach Club

Albany Design Review Session atRobert AM Stern Offices in New York City

ALBANYALBANY

Robb Report Vacation Homes Ground Floor- March 2009

COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 millionContact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 4: Albany Media Features

ALBANY

Fortune Five New Courses to Watch- March 2009

COVER

PAGE 1 OF 1

VOL 159 NO 5 MARCH 16 2009

ALBANYNew Providence Bahamasalbanybahamascom

The idea for Albany was hatched in 2004 when Ernie Els Tiger Woods and British ex-pat trader Joe Lewis put their heads together to conceive of the ideal family retreat When 565 acres of beachfront property went on the market on New Providence Island they made an offer the next day Elsrsquo firm designed the 7400-yard course with natural coastal dunes and a crystal-blue serpentine lakeOpens 2010

Five New Courses to WatchBored with Bethpage Had it with the Homestead These hotly anticipated projects will welcome golfers soon - JS

THE PRAIRIE CLUBValentine Nebtheprairieclubcom

Itrsquos four hours from the nearest airport to the prairie club but anyone who has played Ballyneal or Sand Hills understands the allure of this part of the world Bring the big sticks for Tom Lehmanrsquos Dunes a wind-torn links-style course stretching more than 8000 yards Then test your short game against the wildly undulating greens of the par-3 Horse CourseOpens May 2010

CASTLE STUARTInverness Scotlandcastlestuartgolfcom

Royal Dornoch and Nairn will have a new neighbor in the Highlands this July Situated next to the 16th-century Castle Stuart the course is designed by architects Gil Hanse and Mark Parsinen The Moray Firth a sparkling inlet provides a stunning backdrop particularly on the par-3 11th where wild fescue grasses and ragged-edged bunkers frame a massive greenOpens July 2009

THE PATRIOTOwasso Oklapatriotgolfclubcom

Major Dan Rooney an F-16 fighter pilot in the Air National Guard established Patriot Golf Day as a way for golfers to honor military service by donating to a scholarship fund for the families of those killed or disabled in action With holes named for patriots like George Washington and Rosa Parks the Robert Trent Jones II-designed course will wind across rolling prairie Opens fall 2009

OLD MACDONALDBandon Dunes Orebandondunesgolfcom

As if you needed another reason to visit Brandon Dunes the purist golf retreat is opening a fourth course Designed by Tom Doak and Jim Urbina it is a tribute to Charlse Blair Macdonald whose National Golf Links in Southampton NY is among the top-ranked in the world Expect uphill blind shots and classic ldquoRedanrdquo and ldquoEdenrdquo par 3s inspired by the famous Scottish originalsOpens June 2009

48 March 16 2009

LIFE TOPATTHE

Hole 17 Green ldquoBail outrdquo area

Tee Area

ALBANY

2

Vanity Fair Fan Fair- November 2008

COVER

2

PAGE 1 OF 1

FANFAIRBahamas Bliss

Daydreaming about swimming and snorkeling in one of the worldrsquos largest barrier reefs What about catching fish for dinner shopping at high-end boutiques for embroidered caftans curling up on a chaise and watching a favorite old movie in a private outdoor theater or playing golf on an Ernie Els-

designed golf course amid bougainvillea blooms and fresh salt air If so the Bahamian archipelago which is made up of 700 tiny islands is for you Whether yoursquore looking to rent a private island check into a five-star resort or buy a piece of oceanfront property in one of several exclusive new developments the Bahamas has it all Herewith the hottest spots -PUNCH HUTTON

V A N I T Y F A I R | wwwvanityfaircom N O V E M B E R 2 0 0 8

AT P L AY I N A N E L E G A N T U T O P I A

ALBANY (albanybahamascom)Albany is a new 565-acre luxury oceanfront resort community

currently being built on New Providence Island set to open early 2010A C C O M M O D A T I O N S A world-renowned group of architects including Robert A M Stern Charles Gwathmey and Robert Siegel has been commissioned to design a boutique hotel custom homes and grand marina residences D I N I N G

Five restaurants including one with a five-star rating S P A Full service W A T E R S P O R T S A 15-acre inland marina allows for

everything from sailing and scuba diving to deep-sea fishing O N - L A N D F U N Boxing facility kidsrsquo clubhouse with water park equestrian center tennis courts and 18-hole championship golf course designed by Ernie Els F U N F A C T S Albany House the newly renovated clubhouse is where James Bond seduced a villainrsquos wife in Casino Royal 2006 Tiger Woods and Els are two of the resortrsquos developers

H A N G O U T W I T H T H E L O C A L S

A C C O M M O D A T I O N S Quaint oceanfront cottages of the Staniel Cay Yacht Club starting at $162 H O W B I G I S T H E I S L A N D Less than two square miles D I N I N G The bar and restaurant of the yacht club are where the Exumas

social scene con-verges The catch of the day is really the catch of the day and they serve real down-home dishes such as Bahamian spiny lobster and burgers W A T E R S P O R T S Snor-keling fishing kaya-

king swimming with sharks sailboat racing and scuba diving F U N F A C T The James Bond films Thunderball and Never Say Never Again were filmed at Thunder-ball Cave a natural fishbowl P R I V A C Y F A C T O R Low but itrsquos not easy to get to so itrsquos far from touristy

O W N E D B Y David Copperfield I S L A N D R E N T A L F E E $32250 per day (includes a staff of 30) A C C O M M O D A T I O N S Five guest houses H O W B I G A R E T H E I S -L A N D S Just over 700 acres D I N I N G Private chefs S P A S E R V I C E S Massage therapist yoga and Pilates instructors W A T E R S P O R T S Sunfish sailboats windsurfing fishing a water trampoline scuba d i v - ing WaveRunners a catamaran and four other

boats at guestsrsquo disposal O N - L A N D F U N Tennis volleyball and badminton

courts karaoke machines fireworks and trea-sure hunts P R I V A C Y F A C T O R Total F U N F A C T S There is an outdoor movie theater and you can play on Houdinirsquos personal championship billiards table G U E S T S H A V E I N C L U D E D

Oprah Winfrey Robin Williams and Tim McGraw

THE ISLANDS OF COPPERFIELD BAY Formerly known as Musha Cay (mushacaycom)

STANIEL CAY (stanielcaycom)

R E N T T H E E N T I R E I S L A N D C H A I N

Albany Marina Penthouse Terrace Robert AM Stern

Albany Architect Design Review Session at Robert AM Sternrsquos Offices in NYC

ALBANYALBANY

Country and Town House The Moor the Merrier- February 2009

PAGE 1 OF 2

THE MOOR THE MERRIER

With the megayacht business booming demand for comparableberthing facilities is growing Lucy Denyer checks out the latest

marina developments to come on stream

There is nothing- absolutely nothing- half so much worth doing as simply messing about in boatsrsquo declared Ratty in the The Wind in the Willows And while a talking water rat might not be everyonersquos biggest inspiration there are plenty people out there who agree with him

Despite global financial meltdown the elite yacht industry is still making megabucks In the 40-metre-plus mega-yacht bracket there are 450 vessels being built meaning all the boat-building yards with such capability are booked out until 2013 ldquoThey are the must-have accessory in the wealthy worldrsquo says Jillian Montgomery CEO of Camper amp Nicholson the worldrsquos oldest boat builder ldquoThere is a huge demand worldwidersquo Small wonder that Camper amp Nicholson is moving into the big-boat league with 50-70-metre boats that will cost between L12m and L20m Messing about in boats on the river-bank this is not But where once you have it do you park your yacht lsquoWhile the number of super-yachts has more or less doubled since 2000 the development of ma-rinas has remained limited- especially in popular areas such as the French Rivierarsquo says Montgom-ery lsquoThere is a huge demand for marina berths worldwide particularly large ones where demand totally outweighs supplyrsquo This in turn pushes prices up A quick glance at Knight Frankrsquos most recent Prime International Residential Index says it all While the prime residential market is starting to weaken the super-prime market- of properties valued at above L10m- is still going strong Where is top of the pile Why Monaco of course- spiritual home of the yacht-setter Property here will set you back L3760 per square foot- and thatrsquos not including a berth for your boat

lsquoThe reason marinas continue to be a very good driver is that there are really not many berths around for big boatsrsquo says James Price head of international residential development at Knight Frank lsquoAnything offering a new berth opportunity is going to have some appeal but linking it with residential developments too will also add valuersquo And while not all marinas are going to be targeted at the super rich those

on the lesser scale will still have their appeal- an oligarch might not buy into one but he may want his crew toSo where can you park your boat these days-and where will you be able to in the next few years Top of the pile is the Carribbean lsquoItrsquos wonderful sail-ing and people want to sail in good climatesrsquo says Charles Weston Baker managing director of global development consultancy at Savills Property in the British Virgin Islands (BVIs) for example is still booming- over the past eight years real estate prices have gone up 10 per cent The BVIs also have the added advantage of being an offshore financial

centre and boast Category 1 status for its marina- in basic terms this means the wealthiest people with the biggest yachts can moor there next to their marina properties and also benefit from tax breaks Want to buy these Nanny Cay on the south side of Tortola is the BVIrsquos flagship marina where prices range from L430000 to L630000 20 of the units are left all with docks attached (nannycaycom)

lsquoTHERE IS HUGEDEMAND FOR

MARINA BERTHSPARTICULARLY LARGE

ONES WHEREDEMAND TOTALLY

OUTWEIGHTS SUPPLYrsquo

lsquo BERTH PLACEAlbany a luxury beach

resort developmentin New Providenceis well on the way

(above) More modest prices can be found at Grand Harbor in

Grenada (right)

COVER

4

PAGE 2 OF 2

Alternatively Scrub Island is a brand- new private island resort which opens in July and as well as offering ready-built villas will also offer lots on which you can build your own home Villa prices start at L23m (scrubislandcom)There are other places to splash the cash in the Caribbean-Altamer for example is a development of nine lsquoarchitectural signature residencesrsquo that Savills is mar-keting in Anguilla Prices range from L102 up to an eye-wateringL36m You get your own beach pool wine cellar and cinema as well as pri-vate jet facilities and of course a mega-yacht marina lsquoThere are five billion-aires there alreadyrsquo says Weston Baker Further along in the Bahamas mean-while plans are well underway for the development of Albany a luxury beach resort on the island of New Providence Part of the development will be completed later this year the 565-acre site will eventually include a deep water mega-yacht marina with 13 dedicated apartment buildings containing about 100 units which will range in price from L26m to L26m (knightfrankcoukinternational) If the Caribbeanrsquos not your thing but you still want hot head to Eden Island in the Seychilles a purpose-built 100-acre addition to the existing 115 islands of the Seychilles which will have 38 acres of private waterways and include a marina that specializes in ac-commodating both super- and mega-yachts even those over 80m in length Every unit at Eden Island comes with its own private mooring either right in front of or close to their villa (savillscoukabroad) Or what about Dubai This playground for the rich has its prop-erty Mecca in Dubai marina where anyone who is anyone wants a spot for their boat lsquoDubai was a desert so anything along the boating line is seen as a luxuryrsquo says Hannah Rogerson head of the Middle Eastern department of top-end search agency Quintes-sentially Estates lsquoItrsquos very difficult to get hold of water for your own little mooring so if a property has that as an addition itrsquos something to get excited aboutrsquo Despite the sand Dubai is try-ing to establish itself as the Marina Capital of the World and an international destination for the worldrsquos super-yacht owners with 30000 estimated berths being built over the next five years If Europe is more your thing but you want somewhere up and coming Croatia is the place to look says Weston Baker lsquoIt is second to none in terms of sailingrsquo New legislation concerning development also means that opportunities for marina facilities are opening up The most talked-about of these is Porto Montenegro an ex-travagantly ambitious project that will see the former cold war

naval base of Tivat just north of Corfu turned into one of the largest marinas in the Med with 650 berths that include space for 130-150 super-yachts lsquoIt will be specifically targeted as a home port for these yachts all year roundrsquo explains Oliver Corlette man-aging director of the scheme Plans are for about 100 berths to be complete by this summer about 25 to 30 apartments are also just being released on to the market priced between L315000 and L18m -apartment owners will also get a 75 per cent discount on

a berth for the first three years of ownership (portmontenegrocom) Tempted by whatrsquos out there but donrsquot own a yacht Despite the demand for boats there are deals to be had as cash-strapped financers and bankers start trading in their gin palaces Earlier in the autumn the sellers of one of the worldrsquos most luxurious yachts- the 164ft Alibella offered a L85m discount to a buyer prepared to complete a deal within 30 days bringing the price down to L22m Candyscape the floating home of super-developers the Candy brothers can be yours for L117m reduced from L139m (edmin-stoncompanycom) The yachting industry may still be booming when it comes to building the boats but in this market therersquos al-ways room for a bargain Something that the modest Ratty might be more inclined to approve of

MOOR LIKE ITClockwise from left

Prices at Altamer rise to a huge L36m

Porto Montenegro is hotly anticipated

if you donrsquot wantthe Caribbean try Eden Island

in the Seychelles Quintessentially is

marketingVGreece on the World of Dubai

ALBANY

New York Times Breaking Ground Albany- February 2009

ALBANY

PAGE 1 OF 1

It is rare to find a project with as many notable names as Albany a 565-acre resort community under

construction on the southwest coast of New Providence Island in the Baha-mas Developed by Tiger Woods and Ernie Els as well as Joe Lewis the Brit-ish billionaire who heads the Tavistock Group investment firm the project counts Robert A M Stern and Charles Gwathmey among its architects and its master plan was designed by Andreacutes Duany known for his work on the Sea-side Fla New Urbanist community Plans call for 325 residences a bou-tique hotel and an 18-hole golf course designed by Mr Els Homesite buyers

have the option of having predesigned cottages which will also be used as ho-tel rooms built for them or they can design and construct custom homes while adhering to architectural guide-lines The condo buildings will line the 71-slip inland marina Also planned are multiple restaurants a full-service spa a fitness center with a boxing ring a childrenrsquos clubhouse a 15-acre eques-trian center and pools including some in a water park with slides The Lynden Pindling International Airport is less than 10 minutes from the projectrsquos site

Breaking Ground Albany

Escapes FRIDAY FEBRUARY 27 2009

GREAT ESCAPE Albany Beach Club

GOLF BUDDIES Ernie Els and Tiger Woods are Albany partners

GREAT ESCAPE Albany Marina (digital rendering)

WHAT Luxury beachfront resort and residential development

WHERE The Bahamas

AMENITIES A golf course and a marina among others

PRICES Homesites start at $175 million condominiums at $4 million

STATUS Scheduled to open early next year

DEVELOPERS The Tavistock Group Tiger Woods and Ernie Els

CONTACT (407) 909-5936 or (888) 909-7001 or wwwalbanybahamascom

Excerpt from New York Times on Friday February 27 2009

6

Jamaque Jamaque Homes- Vol2 No1-Summer 2009

HOMESALBANY A FAMILY PLAYGROUND WITH SOMETHING FOR EVERYONE

Albany Marina Rooftop Penthouse TerraceRobert AM Stern(digital rendering)

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

NCOVER

6

PAGE 1 OF 5

ALBANY ALBANY

PAGE 3 OF 5

ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

Albany Beach Club

PAGE 2 OF 5

Tiger Woods and Ernie Els

Albany Partners

8ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

8

PAGE 3 OF 5

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany MarinaRooftop Penthouse TerraceMorris Adjmi(digital rendering)

ALBANY 10ALBANYALBANY

14

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 18-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

PAGE 4 OF 5

Albany Marina Streetscape(digital rendering)

Albany Marina Residence Living Room

Robert AM Stern(digital rendering)

10

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 16-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

View from Albany Beach Club

Albany Design Review Session at Robert AM Stern Offices in New York City

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

A family water park featuring an assortment of pools slides grottos and waterfalls is in the works Construction on the Conch House a su-pervised clubhouse just for kids is also making headway Outfitted with activity centers for vari-

ous age groups and appointment-based child care the Conch House can engage toddlers to teens

Albany also broke ground on its enclave of northside ameni-ties centered on sports fitness and relaxation Health enthu-siasts will find a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre equipped with lighted Har-Tru tennis courts The Albany Spa a full-service spa outfitted with a salon and exquisite individual treatment pavilions for private services is currently being built

Beyond its luxury amenities Albany will be recognized for its architectural distinction offering a range of styles that will all stay true to the era that inspired their design

A hallmark of Albanyrsquos architectural merit is the unprece-dented collection of design talent the developers assembled between world-renowned architects Robert AM Stern Charles Gwathmey Robert Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor living spaces setting a new standard for island living Priced from US$4 million to more than US$20 million the marina residences range from two-bedroom apartments to five-bedroom penthouses with private swimming pools each with exceptional views of the marina ocean and golf course

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and court-yard gardens Priced from US$15 million these home lots will span a wide range of architectural

styles Albanyrsquos Golf Course lots also priced from US$15 million will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Sur-rounding the equestrian centre the Ranchette custom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of beachfront home lots that offer breathtaking views of the water Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the beach and ocean

ldquoItrsquos a pretty unique situation when you can say you already have 75 families from 12 countries represented as future resi-dents of Albanyrdquo Anand said ldquoOur long-term goal is to cre-ate an enduring resort community which sets a new quality standardrdquo

Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walk-able compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile De-signed by noted planner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan complements both the nature and architecture of the community

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect be-yond anything you can find at home or in a resort It will be utopiardquo

Defined by its incomparable setting amenities services and architecture Albany (wwwalbanybahamascom) is destined to be the type of resort community families will visit again and again JAQ

10

PAGE 5 OF 5

Albany Beach Club

Albany Design Review Session atRobert AM Stern Offices in New York City

ALBANYALBANY

Robb Report Vacation Homes Ground Floor- March 2009

COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 millionContact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 5: Albany Media Features

2

Vanity Fair Fan Fair- November 2008

COVER

2

PAGE 1 OF 1

FANFAIRBahamas Bliss

Daydreaming about swimming and snorkeling in one of the worldrsquos largest barrier reefs What about catching fish for dinner shopping at high-end boutiques for embroidered caftans curling up on a chaise and watching a favorite old movie in a private outdoor theater or playing golf on an Ernie Els-

designed golf course amid bougainvillea blooms and fresh salt air If so the Bahamian archipelago which is made up of 700 tiny islands is for you Whether yoursquore looking to rent a private island check into a five-star resort or buy a piece of oceanfront property in one of several exclusive new developments the Bahamas has it all Herewith the hottest spots -PUNCH HUTTON

V A N I T Y F A I R | wwwvanityfaircom N O V E M B E R 2 0 0 8

AT P L AY I N A N E L E G A N T U T O P I A

ALBANY (albanybahamascom)Albany is a new 565-acre luxury oceanfront resort community

currently being built on New Providence Island set to open early 2010A C C O M M O D A T I O N S A world-renowned group of architects including Robert A M Stern Charles Gwathmey and Robert Siegel has been commissioned to design a boutique hotel custom homes and grand marina residences D I N I N G

Five restaurants including one with a five-star rating S P A Full service W A T E R S P O R T S A 15-acre inland marina allows for

everything from sailing and scuba diving to deep-sea fishing O N - L A N D F U N Boxing facility kidsrsquo clubhouse with water park equestrian center tennis courts and 18-hole championship golf course designed by Ernie Els F U N F A C T S Albany House the newly renovated clubhouse is where James Bond seduced a villainrsquos wife in Casino Royal 2006 Tiger Woods and Els are two of the resortrsquos developers

H A N G O U T W I T H T H E L O C A L S

A C C O M M O D A T I O N S Quaint oceanfront cottages of the Staniel Cay Yacht Club starting at $162 H O W B I G I S T H E I S L A N D Less than two square miles D I N I N G The bar and restaurant of the yacht club are where the Exumas

social scene con-verges The catch of the day is really the catch of the day and they serve real down-home dishes such as Bahamian spiny lobster and burgers W A T E R S P O R T S Snor-keling fishing kaya-

king swimming with sharks sailboat racing and scuba diving F U N F A C T The James Bond films Thunderball and Never Say Never Again were filmed at Thunder-ball Cave a natural fishbowl P R I V A C Y F A C T O R Low but itrsquos not easy to get to so itrsquos far from touristy

O W N E D B Y David Copperfield I S L A N D R E N T A L F E E $32250 per day (includes a staff of 30) A C C O M M O D A T I O N S Five guest houses H O W B I G A R E T H E I S -L A N D S Just over 700 acres D I N I N G Private chefs S P A S E R V I C E S Massage therapist yoga and Pilates instructors W A T E R S P O R T S Sunfish sailboats windsurfing fishing a water trampoline scuba d i v - ing WaveRunners a catamaran and four other

boats at guestsrsquo disposal O N - L A N D F U N Tennis volleyball and badminton

courts karaoke machines fireworks and trea-sure hunts P R I V A C Y F A C T O R Total F U N F A C T S There is an outdoor movie theater and you can play on Houdinirsquos personal championship billiards table G U E S T S H A V E I N C L U D E D

Oprah Winfrey Robin Williams and Tim McGraw

THE ISLANDS OF COPPERFIELD BAY Formerly known as Musha Cay (mushacaycom)

STANIEL CAY (stanielcaycom)

R E N T T H E E N T I R E I S L A N D C H A I N

Albany Marina Penthouse Terrace Robert AM Stern

Albany Architect Design Review Session at Robert AM Sternrsquos Offices in NYC

ALBANYALBANY

Country and Town House The Moor the Merrier- February 2009

PAGE 1 OF 2

THE MOOR THE MERRIER

With the megayacht business booming demand for comparableberthing facilities is growing Lucy Denyer checks out the latest

marina developments to come on stream

There is nothing- absolutely nothing- half so much worth doing as simply messing about in boatsrsquo declared Ratty in the The Wind in the Willows And while a talking water rat might not be everyonersquos biggest inspiration there are plenty people out there who agree with him

Despite global financial meltdown the elite yacht industry is still making megabucks In the 40-metre-plus mega-yacht bracket there are 450 vessels being built meaning all the boat-building yards with such capability are booked out until 2013 ldquoThey are the must-have accessory in the wealthy worldrsquo says Jillian Montgomery CEO of Camper amp Nicholson the worldrsquos oldest boat builder ldquoThere is a huge demand worldwidersquo Small wonder that Camper amp Nicholson is moving into the big-boat league with 50-70-metre boats that will cost between L12m and L20m Messing about in boats on the river-bank this is not But where once you have it do you park your yacht lsquoWhile the number of super-yachts has more or less doubled since 2000 the development of ma-rinas has remained limited- especially in popular areas such as the French Rivierarsquo says Montgom-ery lsquoThere is a huge demand for marina berths worldwide particularly large ones where demand totally outweighs supplyrsquo This in turn pushes prices up A quick glance at Knight Frankrsquos most recent Prime International Residential Index says it all While the prime residential market is starting to weaken the super-prime market- of properties valued at above L10m- is still going strong Where is top of the pile Why Monaco of course- spiritual home of the yacht-setter Property here will set you back L3760 per square foot- and thatrsquos not including a berth for your boat

lsquoThe reason marinas continue to be a very good driver is that there are really not many berths around for big boatsrsquo says James Price head of international residential development at Knight Frank lsquoAnything offering a new berth opportunity is going to have some appeal but linking it with residential developments too will also add valuersquo And while not all marinas are going to be targeted at the super rich those

on the lesser scale will still have their appeal- an oligarch might not buy into one but he may want his crew toSo where can you park your boat these days-and where will you be able to in the next few years Top of the pile is the Carribbean lsquoItrsquos wonderful sail-ing and people want to sail in good climatesrsquo says Charles Weston Baker managing director of global development consultancy at Savills Property in the British Virgin Islands (BVIs) for example is still booming- over the past eight years real estate prices have gone up 10 per cent The BVIs also have the added advantage of being an offshore financial

centre and boast Category 1 status for its marina- in basic terms this means the wealthiest people with the biggest yachts can moor there next to their marina properties and also benefit from tax breaks Want to buy these Nanny Cay on the south side of Tortola is the BVIrsquos flagship marina where prices range from L430000 to L630000 20 of the units are left all with docks attached (nannycaycom)

lsquoTHERE IS HUGEDEMAND FOR

MARINA BERTHSPARTICULARLY LARGE

ONES WHEREDEMAND TOTALLY

OUTWEIGHTS SUPPLYrsquo

lsquo BERTH PLACEAlbany a luxury beach

resort developmentin New Providenceis well on the way

(above) More modest prices can be found at Grand Harbor in

Grenada (right)

COVER

4

PAGE 2 OF 2

Alternatively Scrub Island is a brand- new private island resort which opens in July and as well as offering ready-built villas will also offer lots on which you can build your own home Villa prices start at L23m (scrubislandcom)There are other places to splash the cash in the Caribbean-Altamer for example is a development of nine lsquoarchitectural signature residencesrsquo that Savills is mar-keting in Anguilla Prices range from L102 up to an eye-wateringL36m You get your own beach pool wine cellar and cinema as well as pri-vate jet facilities and of course a mega-yacht marina lsquoThere are five billion-aires there alreadyrsquo says Weston Baker Further along in the Bahamas mean-while plans are well underway for the development of Albany a luxury beach resort on the island of New Providence Part of the development will be completed later this year the 565-acre site will eventually include a deep water mega-yacht marina with 13 dedicated apartment buildings containing about 100 units which will range in price from L26m to L26m (knightfrankcoukinternational) If the Caribbeanrsquos not your thing but you still want hot head to Eden Island in the Seychilles a purpose-built 100-acre addition to the existing 115 islands of the Seychilles which will have 38 acres of private waterways and include a marina that specializes in ac-commodating both super- and mega-yachts even those over 80m in length Every unit at Eden Island comes with its own private mooring either right in front of or close to their villa (savillscoukabroad) Or what about Dubai This playground for the rich has its prop-erty Mecca in Dubai marina where anyone who is anyone wants a spot for their boat lsquoDubai was a desert so anything along the boating line is seen as a luxuryrsquo says Hannah Rogerson head of the Middle Eastern department of top-end search agency Quintes-sentially Estates lsquoItrsquos very difficult to get hold of water for your own little mooring so if a property has that as an addition itrsquos something to get excited aboutrsquo Despite the sand Dubai is try-ing to establish itself as the Marina Capital of the World and an international destination for the worldrsquos super-yacht owners with 30000 estimated berths being built over the next five years If Europe is more your thing but you want somewhere up and coming Croatia is the place to look says Weston Baker lsquoIt is second to none in terms of sailingrsquo New legislation concerning development also means that opportunities for marina facilities are opening up The most talked-about of these is Porto Montenegro an ex-travagantly ambitious project that will see the former cold war

naval base of Tivat just north of Corfu turned into one of the largest marinas in the Med with 650 berths that include space for 130-150 super-yachts lsquoIt will be specifically targeted as a home port for these yachts all year roundrsquo explains Oliver Corlette man-aging director of the scheme Plans are for about 100 berths to be complete by this summer about 25 to 30 apartments are also just being released on to the market priced between L315000 and L18m -apartment owners will also get a 75 per cent discount on

a berth for the first three years of ownership (portmontenegrocom) Tempted by whatrsquos out there but donrsquot own a yacht Despite the demand for boats there are deals to be had as cash-strapped financers and bankers start trading in their gin palaces Earlier in the autumn the sellers of one of the worldrsquos most luxurious yachts- the 164ft Alibella offered a L85m discount to a buyer prepared to complete a deal within 30 days bringing the price down to L22m Candyscape the floating home of super-developers the Candy brothers can be yours for L117m reduced from L139m (edmin-stoncompanycom) The yachting industry may still be booming when it comes to building the boats but in this market therersquos al-ways room for a bargain Something that the modest Ratty might be more inclined to approve of

MOOR LIKE ITClockwise from left

Prices at Altamer rise to a huge L36m

Porto Montenegro is hotly anticipated

if you donrsquot wantthe Caribbean try Eden Island

in the Seychelles Quintessentially is

marketingVGreece on the World of Dubai

ALBANY

New York Times Breaking Ground Albany- February 2009

ALBANY

PAGE 1 OF 1

It is rare to find a project with as many notable names as Albany a 565-acre resort community under

construction on the southwest coast of New Providence Island in the Baha-mas Developed by Tiger Woods and Ernie Els as well as Joe Lewis the Brit-ish billionaire who heads the Tavistock Group investment firm the project counts Robert A M Stern and Charles Gwathmey among its architects and its master plan was designed by Andreacutes Duany known for his work on the Sea-side Fla New Urbanist community Plans call for 325 residences a bou-tique hotel and an 18-hole golf course designed by Mr Els Homesite buyers

have the option of having predesigned cottages which will also be used as ho-tel rooms built for them or they can design and construct custom homes while adhering to architectural guide-lines The condo buildings will line the 71-slip inland marina Also planned are multiple restaurants a full-service spa a fitness center with a boxing ring a childrenrsquos clubhouse a 15-acre eques-trian center and pools including some in a water park with slides The Lynden Pindling International Airport is less than 10 minutes from the projectrsquos site

Breaking Ground Albany

Escapes FRIDAY FEBRUARY 27 2009

GREAT ESCAPE Albany Beach Club

GOLF BUDDIES Ernie Els and Tiger Woods are Albany partners

GREAT ESCAPE Albany Marina (digital rendering)

WHAT Luxury beachfront resort and residential development

WHERE The Bahamas

AMENITIES A golf course and a marina among others

PRICES Homesites start at $175 million condominiums at $4 million

STATUS Scheduled to open early next year

DEVELOPERS The Tavistock Group Tiger Woods and Ernie Els

CONTACT (407) 909-5936 or (888) 909-7001 or wwwalbanybahamascom

Excerpt from New York Times on Friday February 27 2009

6

Jamaque Jamaque Homes- Vol2 No1-Summer 2009

HOMESALBANY A FAMILY PLAYGROUND WITH SOMETHING FOR EVERYONE

Albany Marina Rooftop Penthouse TerraceRobert AM Stern(digital rendering)

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

NCOVER

6

PAGE 1 OF 5

ALBANY ALBANY

PAGE 3 OF 5

ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

Albany Beach Club

PAGE 2 OF 5

Tiger Woods and Ernie Els

Albany Partners

8ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

8

PAGE 3 OF 5

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany MarinaRooftop Penthouse TerraceMorris Adjmi(digital rendering)

ALBANY 10ALBANYALBANY

14

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 18-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

PAGE 4 OF 5

Albany Marina Streetscape(digital rendering)

Albany Marina Residence Living Room

Robert AM Stern(digital rendering)

10

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 16-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

View from Albany Beach Club

Albany Design Review Session at Robert AM Stern Offices in New York City

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

A family water park featuring an assortment of pools slides grottos and waterfalls is in the works Construction on the Conch House a su-pervised clubhouse just for kids is also making headway Outfitted with activity centers for vari-

ous age groups and appointment-based child care the Conch House can engage toddlers to teens

Albany also broke ground on its enclave of northside ameni-ties centered on sports fitness and relaxation Health enthu-siasts will find a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre equipped with lighted Har-Tru tennis courts The Albany Spa a full-service spa outfitted with a salon and exquisite individual treatment pavilions for private services is currently being built

Beyond its luxury amenities Albany will be recognized for its architectural distinction offering a range of styles that will all stay true to the era that inspired their design

A hallmark of Albanyrsquos architectural merit is the unprece-dented collection of design talent the developers assembled between world-renowned architects Robert AM Stern Charles Gwathmey Robert Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor living spaces setting a new standard for island living Priced from US$4 million to more than US$20 million the marina residences range from two-bedroom apartments to five-bedroom penthouses with private swimming pools each with exceptional views of the marina ocean and golf course

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and court-yard gardens Priced from US$15 million these home lots will span a wide range of architectural

styles Albanyrsquos Golf Course lots also priced from US$15 million will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Sur-rounding the equestrian centre the Ranchette custom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of beachfront home lots that offer breathtaking views of the water Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the beach and ocean

ldquoItrsquos a pretty unique situation when you can say you already have 75 families from 12 countries represented as future resi-dents of Albanyrdquo Anand said ldquoOur long-term goal is to cre-ate an enduring resort community which sets a new quality standardrdquo

Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walk-able compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile De-signed by noted planner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan complements both the nature and architecture of the community

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect be-yond anything you can find at home or in a resort It will be utopiardquo

Defined by its incomparable setting amenities services and architecture Albany (wwwalbanybahamascom) is destined to be the type of resort community families will visit again and again JAQ

10

PAGE 5 OF 5

Albany Beach Club

Albany Design Review Session atRobert AM Stern Offices in New York City

ALBANYALBANY

Robb Report Vacation Homes Ground Floor- March 2009

COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 millionContact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 6: Albany Media Features

ALBANYALBANY

Country and Town House The Moor the Merrier- February 2009

PAGE 1 OF 2

THE MOOR THE MERRIER

With the megayacht business booming demand for comparableberthing facilities is growing Lucy Denyer checks out the latest

marina developments to come on stream

There is nothing- absolutely nothing- half so much worth doing as simply messing about in boatsrsquo declared Ratty in the The Wind in the Willows And while a talking water rat might not be everyonersquos biggest inspiration there are plenty people out there who agree with him

Despite global financial meltdown the elite yacht industry is still making megabucks In the 40-metre-plus mega-yacht bracket there are 450 vessels being built meaning all the boat-building yards with such capability are booked out until 2013 ldquoThey are the must-have accessory in the wealthy worldrsquo says Jillian Montgomery CEO of Camper amp Nicholson the worldrsquos oldest boat builder ldquoThere is a huge demand worldwidersquo Small wonder that Camper amp Nicholson is moving into the big-boat league with 50-70-metre boats that will cost between L12m and L20m Messing about in boats on the river-bank this is not But where once you have it do you park your yacht lsquoWhile the number of super-yachts has more or less doubled since 2000 the development of ma-rinas has remained limited- especially in popular areas such as the French Rivierarsquo says Montgom-ery lsquoThere is a huge demand for marina berths worldwide particularly large ones where demand totally outweighs supplyrsquo This in turn pushes prices up A quick glance at Knight Frankrsquos most recent Prime International Residential Index says it all While the prime residential market is starting to weaken the super-prime market- of properties valued at above L10m- is still going strong Where is top of the pile Why Monaco of course- spiritual home of the yacht-setter Property here will set you back L3760 per square foot- and thatrsquos not including a berth for your boat

lsquoThe reason marinas continue to be a very good driver is that there are really not many berths around for big boatsrsquo says James Price head of international residential development at Knight Frank lsquoAnything offering a new berth opportunity is going to have some appeal but linking it with residential developments too will also add valuersquo And while not all marinas are going to be targeted at the super rich those

on the lesser scale will still have their appeal- an oligarch might not buy into one but he may want his crew toSo where can you park your boat these days-and where will you be able to in the next few years Top of the pile is the Carribbean lsquoItrsquos wonderful sail-ing and people want to sail in good climatesrsquo says Charles Weston Baker managing director of global development consultancy at Savills Property in the British Virgin Islands (BVIs) for example is still booming- over the past eight years real estate prices have gone up 10 per cent The BVIs also have the added advantage of being an offshore financial

centre and boast Category 1 status for its marina- in basic terms this means the wealthiest people with the biggest yachts can moor there next to their marina properties and also benefit from tax breaks Want to buy these Nanny Cay on the south side of Tortola is the BVIrsquos flagship marina where prices range from L430000 to L630000 20 of the units are left all with docks attached (nannycaycom)

lsquoTHERE IS HUGEDEMAND FOR

MARINA BERTHSPARTICULARLY LARGE

ONES WHEREDEMAND TOTALLY

OUTWEIGHTS SUPPLYrsquo

lsquo BERTH PLACEAlbany a luxury beach

resort developmentin New Providenceis well on the way

(above) More modest prices can be found at Grand Harbor in

Grenada (right)

COVER

4

PAGE 2 OF 2

Alternatively Scrub Island is a brand- new private island resort which opens in July and as well as offering ready-built villas will also offer lots on which you can build your own home Villa prices start at L23m (scrubislandcom)There are other places to splash the cash in the Caribbean-Altamer for example is a development of nine lsquoarchitectural signature residencesrsquo that Savills is mar-keting in Anguilla Prices range from L102 up to an eye-wateringL36m You get your own beach pool wine cellar and cinema as well as pri-vate jet facilities and of course a mega-yacht marina lsquoThere are five billion-aires there alreadyrsquo says Weston Baker Further along in the Bahamas mean-while plans are well underway for the development of Albany a luxury beach resort on the island of New Providence Part of the development will be completed later this year the 565-acre site will eventually include a deep water mega-yacht marina with 13 dedicated apartment buildings containing about 100 units which will range in price from L26m to L26m (knightfrankcoukinternational) If the Caribbeanrsquos not your thing but you still want hot head to Eden Island in the Seychilles a purpose-built 100-acre addition to the existing 115 islands of the Seychilles which will have 38 acres of private waterways and include a marina that specializes in ac-commodating both super- and mega-yachts even those over 80m in length Every unit at Eden Island comes with its own private mooring either right in front of or close to their villa (savillscoukabroad) Or what about Dubai This playground for the rich has its prop-erty Mecca in Dubai marina where anyone who is anyone wants a spot for their boat lsquoDubai was a desert so anything along the boating line is seen as a luxuryrsquo says Hannah Rogerson head of the Middle Eastern department of top-end search agency Quintes-sentially Estates lsquoItrsquos very difficult to get hold of water for your own little mooring so if a property has that as an addition itrsquos something to get excited aboutrsquo Despite the sand Dubai is try-ing to establish itself as the Marina Capital of the World and an international destination for the worldrsquos super-yacht owners with 30000 estimated berths being built over the next five years If Europe is more your thing but you want somewhere up and coming Croatia is the place to look says Weston Baker lsquoIt is second to none in terms of sailingrsquo New legislation concerning development also means that opportunities for marina facilities are opening up The most talked-about of these is Porto Montenegro an ex-travagantly ambitious project that will see the former cold war

naval base of Tivat just north of Corfu turned into one of the largest marinas in the Med with 650 berths that include space for 130-150 super-yachts lsquoIt will be specifically targeted as a home port for these yachts all year roundrsquo explains Oliver Corlette man-aging director of the scheme Plans are for about 100 berths to be complete by this summer about 25 to 30 apartments are also just being released on to the market priced between L315000 and L18m -apartment owners will also get a 75 per cent discount on

a berth for the first three years of ownership (portmontenegrocom) Tempted by whatrsquos out there but donrsquot own a yacht Despite the demand for boats there are deals to be had as cash-strapped financers and bankers start trading in their gin palaces Earlier in the autumn the sellers of one of the worldrsquos most luxurious yachts- the 164ft Alibella offered a L85m discount to a buyer prepared to complete a deal within 30 days bringing the price down to L22m Candyscape the floating home of super-developers the Candy brothers can be yours for L117m reduced from L139m (edmin-stoncompanycom) The yachting industry may still be booming when it comes to building the boats but in this market therersquos al-ways room for a bargain Something that the modest Ratty might be more inclined to approve of

MOOR LIKE ITClockwise from left

Prices at Altamer rise to a huge L36m

Porto Montenegro is hotly anticipated

if you donrsquot wantthe Caribbean try Eden Island

in the Seychelles Quintessentially is

marketingVGreece on the World of Dubai

ALBANY

New York Times Breaking Ground Albany- February 2009

ALBANY

PAGE 1 OF 1

It is rare to find a project with as many notable names as Albany a 565-acre resort community under

construction on the southwest coast of New Providence Island in the Baha-mas Developed by Tiger Woods and Ernie Els as well as Joe Lewis the Brit-ish billionaire who heads the Tavistock Group investment firm the project counts Robert A M Stern and Charles Gwathmey among its architects and its master plan was designed by Andreacutes Duany known for his work on the Sea-side Fla New Urbanist community Plans call for 325 residences a bou-tique hotel and an 18-hole golf course designed by Mr Els Homesite buyers

have the option of having predesigned cottages which will also be used as ho-tel rooms built for them or they can design and construct custom homes while adhering to architectural guide-lines The condo buildings will line the 71-slip inland marina Also planned are multiple restaurants a full-service spa a fitness center with a boxing ring a childrenrsquos clubhouse a 15-acre eques-trian center and pools including some in a water park with slides The Lynden Pindling International Airport is less than 10 minutes from the projectrsquos site

Breaking Ground Albany

Escapes FRIDAY FEBRUARY 27 2009

GREAT ESCAPE Albany Beach Club

GOLF BUDDIES Ernie Els and Tiger Woods are Albany partners

GREAT ESCAPE Albany Marina (digital rendering)

WHAT Luxury beachfront resort and residential development

WHERE The Bahamas

AMENITIES A golf course and a marina among others

PRICES Homesites start at $175 million condominiums at $4 million

STATUS Scheduled to open early next year

DEVELOPERS The Tavistock Group Tiger Woods and Ernie Els

CONTACT (407) 909-5936 or (888) 909-7001 or wwwalbanybahamascom

Excerpt from New York Times on Friday February 27 2009

6

Jamaque Jamaque Homes- Vol2 No1-Summer 2009

HOMESALBANY A FAMILY PLAYGROUND WITH SOMETHING FOR EVERYONE

Albany Marina Rooftop Penthouse TerraceRobert AM Stern(digital rendering)

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

NCOVER

6

PAGE 1 OF 5

ALBANY ALBANY

PAGE 3 OF 5

ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

Albany Beach Club

PAGE 2 OF 5

Tiger Woods and Ernie Els

Albany Partners

8ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

8

PAGE 3 OF 5

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany MarinaRooftop Penthouse TerraceMorris Adjmi(digital rendering)

ALBANY 10ALBANYALBANY

14

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 18-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

PAGE 4 OF 5

Albany Marina Streetscape(digital rendering)

Albany Marina Residence Living Room

Robert AM Stern(digital rendering)

10

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 16-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

View from Albany Beach Club

Albany Design Review Session at Robert AM Stern Offices in New York City

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

A family water park featuring an assortment of pools slides grottos and waterfalls is in the works Construction on the Conch House a su-pervised clubhouse just for kids is also making headway Outfitted with activity centers for vari-

ous age groups and appointment-based child care the Conch House can engage toddlers to teens

Albany also broke ground on its enclave of northside ameni-ties centered on sports fitness and relaxation Health enthu-siasts will find a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre equipped with lighted Har-Tru tennis courts The Albany Spa a full-service spa outfitted with a salon and exquisite individual treatment pavilions for private services is currently being built

Beyond its luxury amenities Albany will be recognized for its architectural distinction offering a range of styles that will all stay true to the era that inspired their design

A hallmark of Albanyrsquos architectural merit is the unprece-dented collection of design talent the developers assembled between world-renowned architects Robert AM Stern Charles Gwathmey Robert Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor living spaces setting a new standard for island living Priced from US$4 million to more than US$20 million the marina residences range from two-bedroom apartments to five-bedroom penthouses with private swimming pools each with exceptional views of the marina ocean and golf course

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and court-yard gardens Priced from US$15 million these home lots will span a wide range of architectural

styles Albanyrsquos Golf Course lots also priced from US$15 million will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Sur-rounding the equestrian centre the Ranchette custom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of beachfront home lots that offer breathtaking views of the water Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the beach and ocean

ldquoItrsquos a pretty unique situation when you can say you already have 75 families from 12 countries represented as future resi-dents of Albanyrdquo Anand said ldquoOur long-term goal is to cre-ate an enduring resort community which sets a new quality standardrdquo

Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walk-able compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile De-signed by noted planner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan complements both the nature and architecture of the community

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect be-yond anything you can find at home or in a resort It will be utopiardquo

Defined by its incomparable setting amenities services and architecture Albany (wwwalbanybahamascom) is destined to be the type of resort community families will visit again and again JAQ

10

PAGE 5 OF 5

Albany Beach Club

Albany Design Review Session atRobert AM Stern Offices in New York City

ALBANYALBANY

Robb Report Vacation Homes Ground Floor- March 2009

COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 millionContact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 7: Albany Media Features

4

PAGE 2 OF 2

Alternatively Scrub Island is a brand- new private island resort which opens in July and as well as offering ready-built villas will also offer lots on which you can build your own home Villa prices start at L23m (scrubislandcom)There are other places to splash the cash in the Caribbean-Altamer for example is a development of nine lsquoarchitectural signature residencesrsquo that Savills is mar-keting in Anguilla Prices range from L102 up to an eye-wateringL36m You get your own beach pool wine cellar and cinema as well as pri-vate jet facilities and of course a mega-yacht marina lsquoThere are five billion-aires there alreadyrsquo says Weston Baker Further along in the Bahamas mean-while plans are well underway for the development of Albany a luxury beach resort on the island of New Providence Part of the development will be completed later this year the 565-acre site will eventually include a deep water mega-yacht marina with 13 dedicated apartment buildings containing about 100 units which will range in price from L26m to L26m (knightfrankcoukinternational) If the Caribbeanrsquos not your thing but you still want hot head to Eden Island in the Seychilles a purpose-built 100-acre addition to the existing 115 islands of the Seychilles which will have 38 acres of private waterways and include a marina that specializes in ac-commodating both super- and mega-yachts even those over 80m in length Every unit at Eden Island comes with its own private mooring either right in front of or close to their villa (savillscoukabroad) Or what about Dubai This playground for the rich has its prop-erty Mecca in Dubai marina where anyone who is anyone wants a spot for their boat lsquoDubai was a desert so anything along the boating line is seen as a luxuryrsquo says Hannah Rogerson head of the Middle Eastern department of top-end search agency Quintes-sentially Estates lsquoItrsquos very difficult to get hold of water for your own little mooring so if a property has that as an addition itrsquos something to get excited aboutrsquo Despite the sand Dubai is try-ing to establish itself as the Marina Capital of the World and an international destination for the worldrsquos super-yacht owners with 30000 estimated berths being built over the next five years If Europe is more your thing but you want somewhere up and coming Croatia is the place to look says Weston Baker lsquoIt is second to none in terms of sailingrsquo New legislation concerning development also means that opportunities for marina facilities are opening up The most talked-about of these is Porto Montenegro an ex-travagantly ambitious project that will see the former cold war

naval base of Tivat just north of Corfu turned into one of the largest marinas in the Med with 650 berths that include space for 130-150 super-yachts lsquoIt will be specifically targeted as a home port for these yachts all year roundrsquo explains Oliver Corlette man-aging director of the scheme Plans are for about 100 berths to be complete by this summer about 25 to 30 apartments are also just being released on to the market priced between L315000 and L18m -apartment owners will also get a 75 per cent discount on

a berth for the first three years of ownership (portmontenegrocom) Tempted by whatrsquos out there but donrsquot own a yacht Despite the demand for boats there are deals to be had as cash-strapped financers and bankers start trading in their gin palaces Earlier in the autumn the sellers of one of the worldrsquos most luxurious yachts- the 164ft Alibella offered a L85m discount to a buyer prepared to complete a deal within 30 days bringing the price down to L22m Candyscape the floating home of super-developers the Candy brothers can be yours for L117m reduced from L139m (edmin-stoncompanycom) The yachting industry may still be booming when it comes to building the boats but in this market therersquos al-ways room for a bargain Something that the modest Ratty might be more inclined to approve of

MOOR LIKE ITClockwise from left

Prices at Altamer rise to a huge L36m

Porto Montenegro is hotly anticipated

if you donrsquot wantthe Caribbean try Eden Island

in the Seychelles Quintessentially is

marketingVGreece on the World of Dubai

ALBANY

New York Times Breaking Ground Albany- February 2009

ALBANY

PAGE 1 OF 1

It is rare to find a project with as many notable names as Albany a 565-acre resort community under

construction on the southwest coast of New Providence Island in the Baha-mas Developed by Tiger Woods and Ernie Els as well as Joe Lewis the Brit-ish billionaire who heads the Tavistock Group investment firm the project counts Robert A M Stern and Charles Gwathmey among its architects and its master plan was designed by Andreacutes Duany known for his work on the Sea-side Fla New Urbanist community Plans call for 325 residences a bou-tique hotel and an 18-hole golf course designed by Mr Els Homesite buyers

have the option of having predesigned cottages which will also be used as ho-tel rooms built for them or they can design and construct custom homes while adhering to architectural guide-lines The condo buildings will line the 71-slip inland marina Also planned are multiple restaurants a full-service spa a fitness center with a boxing ring a childrenrsquos clubhouse a 15-acre eques-trian center and pools including some in a water park with slides The Lynden Pindling International Airport is less than 10 minutes from the projectrsquos site

Breaking Ground Albany

Escapes FRIDAY FEBRUARY 27 2009

GREAT ESCAPE Albany Beach Club

GOLF BUDDIES Ernie Els and Tiger Woods are Albany partners

GREAT ESCAPE Albany Marina (digital rendering)

WHAT Luxury beachfront resort and residential development

WHERE The Bahamas

AMENITIES A golf course and a marina among others

PRICES Homesites start at $175 million condominiums at $4 million

STATUS Scheduled to open early next year

DEVELOPERS The Tavistock Group Tiger Woods and Ernie Els

CONTACT (407) 909-5936 or (888) 909-7001 or wwwalbanybahamascom

Excerpt from New York Times on Friday February 27 2009

6

Jamaque Jamaque Homes- Vol2 No1-Summer 2009

HOMESALBANY A FAMILY PLAYGROUND WITH SOMETHING FOR EVERYONE

Albany Marina Rooftop Penthouse TerraceRobert AM Stern(digital rendering)

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

NCOVER

6

PAGE 1 OF 5

ALBANY ALBANY

PAGE 3 OF 5

ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

Albany Beach Club

PAGE 2 OF 5

Tiger Woods and Ernie Els

Albany Partners

8ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

8

PAGE 3 OF 5

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany MarinaRooftop Penthouse TerraceMorris Adjmi(digital rendering)

ALBANY 10ALBANYALBANY

14

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 18-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

PAGE 4 OF 5

Albany Marina Streetscape(digital rendering)

Albany Marina Residence Living Room

Robert AM Stern(digital rendering)

10

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 16-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

View from Albany Beach Club

Albany Design Review Session at Robert AM Stern Offices in New York City

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

A family water park featuring an assortment of pools slides grottos and waterfalls is in the works Construction on the Conch House a su-pervised clubhouse just for kids is also making headway Outfitted with activity centers for vari-

ous age groups and appointment-based child care the Conch House can engage toddlers to teens

Albany also broke ground on its enclave of northside ameni-ties centered on sports fitness and relaxation Health enthu-siasts will find a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre equipped with lighted Har-Tru tennis courts The Albany Spa a full-service spa outfitted with a salon and exquisite individual treatment pavilions for private services is currently being built

Beyond its luxury amenities Albany will be recognized for its architectural distinction offering a range of styles that will all stay true to the era that inspired their design

A hallmark of Albanyrsquos architectural merit is the unprece-dented collection of design talent the developers assembled between world-renowned architects Robert AM Stern Charles Gwathmey Robert Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor living spaces setting a new standard for island living Priced from US$4 million to more than US$20 million the marina residences range from two-bedroom apartments to five-bedroom penthouses with private swimming pools each with exceptional views of the marina ocean and golf course

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and court-yard gardens Priced from US$15 million these home lots will span a wide range of architectural

styles Albanyrsquos Golf Course lots also priced from US$15 million will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Sur-rounding the equestrian centre the Ranchette custom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of beachfront home lots that offer breathtaking views of the water Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the beach and ocean

ldquoItrsquos a pretty unique situation when you can say you already have 75 families from 12 countries represented as future resi-dents of Albanyrdquo Anand said ldquoOur long-term goal is to cre-ate an enduring resort community which sets a new quality standardrdquo

Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walk-able compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile De-signed by noted planner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan complements both the nature and architecture of the community

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect be-yond anything you can find at home or in a resort It will be utopiardquo

Defined by its incomparable setting amenities services and architecture Albany (wwwalbanybahamascom) is destined to be the type of resort community families will visit again and again JAQ

10

PAGE 5 OF 5

Albany Beach Club

Albany Design Review Session atRobert AM Stern Offices in New York City

ALBANYALBANY

Robb Report Vacation Homes Ground Floor- March 2009

COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 millionContact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 8: Albany Media Features

ALBANY

New York Times Breaking Ground Albany- February 2009

ALBANY

PAGE 1 OF 1

It is rare to find a project with as many notable names as Albany a 565-acre resort community under

construction on the southwest coast of New Providence Island in the Baha-mas Developed by Tiger Woods and Ernie Els as well as Joe Lewis the Brit-ish billionaire who heads the Tavistock Group investment firm the project counts Robert A M Stern and Charles Gwathmey among its architects and its master plan was designed by Andreacutes Duany known for his work on the Sea-side Fla New Urbanist community Plans call for 325 residences a bou-tique hotel and an 18-hole golf course designed by Mr Els Homesite buyers

have the option of having predesigned cottages which will also be used as ho-tel rooms built for them or they can design and construct custom homes while adhering to architectural guide-lines The condo buildings will line the 71-slip inland marina Also planned are multiple restaurants a full-service spa a fitness center with a boxing ring a childrenrsquos clubhouse a 15-acre eques-trian center and pools including some in a water park with slides The Lynden Pindling International Airport is less than 10 minutes from the projectrsquos site

Breaking Ground Albany

Escapes FRIDAY FEBRUARY 27 2009

GREAT ESCAPE Albany Beach Club

GOLF BUDDIES Ernie Els and Tiger Woods are Albany partners

GREAT ESCAPE Albany Marina (digital rendering)

WHAT Luxury beachfront resort and residential development

WHERE The Bahamas

AMENITIES A golf course and a marina among others

PRICES Homesites start at $175 million condominiums at $4 million

STATUS Scheduled to open early next year

DEVELOPERS The Tavistock Group Tiger Woods and Ernie Els

CONTACT (407) 909-5936 or (888) 909-7001 or wwwalbanybahamascom

Excerpt from New York Times on Friday February 27 2009

6

Jamaque Jamaque Homes- Vol2 No1-Summer 2009

HOMESALBANY A FAMILY PLAYGROUND WITH SOMETHING FOR EVERYONE

Albany Marina Rooftop Penthouse TerraceRobert AM Stern(digital rendering)

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

NCOVER

6

PAGE 1 OF 5

ALBANY ALBANY

PAGE 3 OF 5

ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

Albany Beach Club

PAGE 2 OF 5

Tiger Woods and Ernie Els

Albany Partners

8ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

8

PAGE 3 OF 5

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany MarinaRooftop Penthouse TerraceMorris Adjmi(digital rendering)

ALBANY 10ALBANYALBANY

14

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 18-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

PAGE 4 OF 5

Albany Marina Streetscape(digital rendering)

Albany Marina Residence Living Room

Robert AM Stern(digital rendering)

10

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 16-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

View from Albany Beach Club

Albany Design Review Session at Robert AM Stern Offices in New York City

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

A family water park featuring an assortment of pools slides grottos and waterfalls is in the works Construction on the Conch House a su-pervised clubhouse just for kids is also making headway Outfitted with activity centers for vari-

ous age groups and appointment-based child care the Conch House can engage toddlers to teens

Albany also broke ground on its enclave of northside ameni-ties centered on sports fitness and relaxation Health enthu-siasts will find a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre equipped with lighted Har-Tru tennis courts The Albany Spa a full-service spa outfitted with a salon and exquisite individual treatment pavilions for private services is currently being built

Beyond its luxury amenities Albany will be recognized for its architectural distinction offering a range of styles that will all stay true to the era that inspired their design

A hallmark of Albanyrsquos architectural merit is the unprece-dented collection of design talent the developers assembled between world-renowned architects Robert AM Stern Charles Gwathmey Robert Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor living spaces setting a new standard for island living Priced from US$4 million to more than US$20 million the marina residences range from two-bedroom apartments to five-bedroom penthouses with private swimming pools each with exceptional views of the marina ocean and golf course

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and court-yard gardens Priced from US$15 million these home lots will span a wide range of architectural

styles Albanyrsquos Golf Course lots also priced from US$15 million will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Sur-rounding the equestrian centre the Ranchette custom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of beachfront home lots that offer breathtaking views of the water Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the beach and ocean

ldquoItrsquos a pretty unique situation when you can say you already have 75 families from 12 countries represented as future resi-dents of Albanyrdquo Anand said ldquoOur long-term goal is to cre-ate an enduring resort community which sets a new quality standardrdquo

Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walk-able compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile De-signed by noted planner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan complements both the nature and architecture of the community

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect be-yond anything you can find at home or in a resort It will be utopiardquo

Defined by its incomparable setting amenities services and architecture Albany (wwwalbanybahamascom) is destined to be the type of resort community families will visit again and again JAQ

10

PAGE 5 OF 5

Albany Beach Club

Albany Design Review Session atRobert AM Stern Offices in New York City

ALBANYALBANY

Robb Report Vacation Homes Ground Floor- March 2009

COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 millionContact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 9: Albany Media Features

6

Jamaque Jamaque Homes- Vol2 No1-Summer 2009

HOMESALBANY A FAMILY PLAYGROUND WITH SOMETHING FOR EVERYONE

Albany Marina Rooftop Penthouse TerraceRobert AM Stern(digital rendering)

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

NCOVER

6

PAGE 1 OF 5

ALBANY ALBANY

PAGE 3 OF 5

ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

Albany Beach Club

PAGE 2 OF 5

Tiger Woods and Ernie Els

Albany Partners

8ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

8

PAGE 3 OF 5

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany MarinaRooftop Penthouse TerraceMorris Adjmi(digital rendering)

ALBANY 10ALBANYALBANY

14

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 18-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

PAGE 4 OF 5

Albany Marina Streetscape(digital rendering)

Albany Marina Residence Living Room

Robert AM Stern(digital rendering)

10

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 16-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

View from Albany Beach Club

Albany Design Review Session at Robert AM Stern Offices in New York City

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

A family water park featuring an assortment of pools slides grottos and waterfalls is in the works Construction on the Conch House a su-pervised clubhouse just for kids is also making headway Outfitted with activity centers for vari-

ous age groups and appointment-based child care the Conch House can engage toddlers to teens

Albany also broke ground on its enclave of northside ameni-ties centered on sports fitness and relaxation Health enthu-siasts will find a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre equipped with lighted Har-Tru tennis courts The Albany Spa a full-service spa outfitted with a salon and exquisite individual treatment pavilions for private services is currently being built

Beyond its luxury amenities Albany will be recognized for its architectural distinction offering a range of styles that will all stay true to the era that inspired their design

A hallmark of Albanyrsquos architectural merit is the unprece-dented collection of design talent the developers assembled between world-renowned architects Robert AM Stern Charles Gwathmey Robert Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor living spaces setting a new standard for island living Priced from US$4 million to more than US$20 million the marina residences range from two-bedroom apartments to five-bedroom penthouses with private swimming pools each with exceptional views of the marina ocean and golf course

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and court-yard gardens Priced from US$15 million these home lots will span a wide range of architectural

styles Albanyrsquos Golf Course lots also priced from US$15 million will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Sur-rounding the equestrian centre the Ranchette custom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of beachfront home lots that offer breathtaking views of the water Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the beach and ocean

ldquoItrsquos a pretty unique situation when you can say you already have 75 families from 12 countries represented as future resi-dents of Albanyrdquo Anand said ldquoOur long-term goal is to cre-ate an enduring resort community which sets a new quality standardrdquo

Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walk-able compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile De-signed by noted planner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan complements both the nature and architecture of the community

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect be-yond anything you can find at home or in a resort It will be utopiardquo

Defined by its incomparable setting amenities services and architecture Albany (wwwalbanybahamascom) is destined to be the type of resort community families will visit again and again JAQ

10

PAGE 5 OF 5

Albany Beach Club

Albany Design Review Session atRobert AM Stern Offices in New York City

ALBANYALBANY

Robb Report Vacation Homes Ground Floor- March 2009

COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 millionContact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 10: Albany Media Features

ALBANY ALBANY

PAGE 3 OF 5

ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

Albany Beach Club

PAGE 2 OF 5

Tiger Woods and Ernie Els

Albany Partners

8ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

8

PAGE 3 OF 5

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany MarinaRooftop Penthouse TerraceMorris Adjmi(digital rendering)

ALBANY 10ALBANYALBANY

14

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 18-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

PAGE 4 OF 5

Albany Marina Streetscape(digital rendering)

Albany Marina Residence Living Room

Robert AM Stern(digital rendering)

10

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 16-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

View from Albany Beach Club

Albany Design Review Session at Robert AM Stern Offices in New York City

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

A family water park featuring an assortment of pools slides grottos and waterfalls is in the works Construction on the Conch House a su-pervised clubhouse just for kids is also making headway Outfitted with activity centers for vari-

ous age groups and appointment-based child care the Conch House can engage toddlers to teens

Albany also broke ground on its enclave of northside ameni-ties centered on sports fitness and relaxation Health enthu-siasts will find a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre equipped with lighted Har-Tru tennis courts The Albany Spa a full-service spa outfitted with a salon and exquisite individual treatment pavilions for private services is currently being built

Beyond its luxury amenities Albany will be recognized for its architectural distinction offering a range of styles that will all stay true to the era that inspired their design

A hallmark of Albanyrsquos architectural merit is the unprece-dented collection of design talent the developers assembled between world-renowned architects Robert AM Stern Charles Gwathmey Robert Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor living spaces setting a new standard for island living Priced from US$4 million to more than US$20 million the marina residences range from two-bedroom apartments to five-bedroom penthouses with private swimming pools each with exceptional views of the marina ocean and golf course

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and court-yard gardens Priced from US$15 million these home lots will span a wide range of architectural

styles Albanyrsquos Golf Course lots also priced from US$15 million will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Sur-rounding the equestrian centre the Ranchette custom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of beachfront home lots that offer breathtaking views of the water Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the beach and ocean

ldquoItrsquos a pretty unique situation when you can say you already have 75 families from 12 countries represented as future resi-dents of Albanyrdquo Anand said ldquoOur long-term goal is to cre-ate an enduring resort community which sets a new quality standardrdquo

Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walk-able compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile De-signed by noted planner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan complements both the nature and architecture of the community

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect be-yond anything you can find at home or in a resort It will be utopiardquo

Defined by its incomparable setting amenities services and architecture Albany (wwwalbanybahamascom) is destined to be the type of resort community families will visit again and again JAQ

10

PAGE 5 OF 5

Albany Beach Club

Albany Design Review Session atRobert AM Stern Offices in New York City

ALBANYALBANY

Robb Report Vacation Homes Ground Floor- March 2009

COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 millionContact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 11: Albany Media Features

8ALBANY

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany Marina Rooftop Penthouse TerraceMorris Adjmi(digital rendering)

estled among 565 oceanfront acres on the southwestern end of New Providence in The Bahamas Alba-ny is best described as a masterpiece in the making

Celebrating the very best in island living Albany will feature a luxury boutique ho-tel and approximately 325 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world Combined with the finest ameni-ties ever assembled in a resort communitymdashincluding a mega-yacht marina an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water park ndash Albany is a showcase of natural beauty architec-tural innovation and exceptional amenities

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els who wanted to create a special place in The Ba-hamas The perfect setting for those who de-sire the epitome of luxury with direct access to the ocean Albany has attracted families from across the globe

ldquoAlbany has been designed to deliver some-thing for everyonerdquo said Christopher Anand Albanyrsquos managing director ldquoThe commu-nity has an array of amenities that appeal to every member of the familyrdquo

Albanyrsquos location makes the resort com-munity not only a perfect island escape but an easy one too New Providencersquos alluring landscape and rich Bahamian heritage cou-pled with its proximity to Nassaursquos interna-tional airport (which offers several non-stop flights daily from major US and European cities) convinced Albanyrsquos developers to build their luxury resort property there

With construction underway on an assort-ment of Albanyrsquos world-class amenities and its luxury boutique hotel a vision that is several years in the making moves closer to reality

Substantial construction has been complet-ed on the Albany Cottages the first 40 units that form the cornerstone of Albanyrsquos luxury boutique hotel Comprising three to five bed-rooms the cottages are inspired by tradition-al Bahamian architecture and offer charm-ing outdoor living spaces including private pools and gardens

The 71-slip mega-yacht marina that will ac-commodate vessels as large as 240 feet will open in 2010 Once finished the marina will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort ameni-ties and services

Albany Beach Club

Tiger Woods and Ernie Els Albany Partners

N

8

PAGE 3 OF 5

Scheduled to open in 2010 Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els

Albany MarinaRooftop Penthouse TerraceMorris Adjmi(digital rendering)

ALBANY 10ALBANYALBANY

14

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 18-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

PAGE 4 OF 5

Albany Marina Streetscape(digital rendering)

Albany Marina Residence Living Room

Robert AM Stern(digital rendering)

10

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 16-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

View from Albany Beach Club

Albany Design Review Session at Robert AM Stern Offices in New York City

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

A family water park featuring an assortment of pools slides grottos and waterfalls is in the works Construction on the Conch House a su-pervised clubhouse just for kids is also making headway Outfitted with activity centers for vari-

ous age groups and appointment-based child care the Conch House can engage toddlers to teens

Albany also broke ground on its enclave of northside ameni-ties centered on sports fitness and relaxation Health enthu-siasts will find a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre equipped with lighted Har-Tru tennis courts The Albany Spa a full-service spa outfitted with a salon and exquisite individual treatment pavilions for private services is currently being built

Beyond its luxury amenities Albany will be recognized for its architectural distinction offering a range of styles that will all stay true to the era that inspired their design

A hallmark of Albanyrsquos architectural merit is the unprece-dented collection of design talent the developers assembled between world-renowned architects Robert AM Stern Charles Gwathmey Robert Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor living spaces setting a new standard for island living Priced from US$4 million to more than US$20 million the marina residences range from two-bedroom apartments to five-bedroom penthouses with private swimming pools each with exceptional views of the marina ocean and golf course

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and court-yard gardens Priced from US$15 million these home lots will span a wide range of architectural

styles Albanyrsquos Golf Course lots also priced from US$15 million will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Sur-rounding the equestrian centre the Ranchette custom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of beachfront home lots that offer breathtaking views of the water Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the beach and ocean

ldquoItrsquos a pretty unique situation when you can say you already have 75 families from 12 countries represented as future resi-dents of Albanyrdquo Anand said ldquoOur long-term goal is to cre-ate an enduring resort community which sets a new quality standardrdquo

Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walk-able compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile De-signed by noted planner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan complements both the nature and architecture of the community

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect be-yond anything you can find at home or in a resort It will be utopiardquo

Defined by its incomparable setting amenities services and architecture Albany (wwwalbanybahamascom) is destined to be the type of resort community families will visit again and again JAQ

10

PAGE 5 OF 5

Albany Beach Club

Albany Design Review Session atRobert AM Stern Offices in New York City

ALBANYALBANY

Robb Report Vacation Homes Ground Floor- March 2009

COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 millionContact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 12: Albany Media Features

ALBANY 10ALBANYALBANY

14

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 18-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

PAGE 4 OF 5

Albany Marina Streetscape(digital rendering)

Albany Marina Residence Living Room

Robert AM Stern(digital rendering)

10

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 16-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

View from Albany Beach Club

Albany Design Review Session at Robert AM Stern Offices in New York City

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

A family water park featuring an assortment of pools slides grottos and waterfalls is in the works Construction on the Conch House a su-pervised clubhouse just for kids is also making headway Outfitted with activity centers for vari-

ous age groups and appointment-based child care the Conch House can engage toddlers to teens

Albany also broke ground on its enclave of northside ameni-ties centered on sports fitness and relaxation Health enthu-siasts will find a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre equipped with lighted Har-Tru tennis courts The Albany Spa a full-service spa outfitted with a salon and exquisite individual treatment pavilions for private services is currently being built

Beyond its luxury amenities Albany will be recognized for its architectural distinction offering a range of styles that will all stay true to the era that inspired their design

A hallmark of Albanyrsquos architectural merit is the unprece-dented collection of design talent the developers assembled between world-renowned architects Robert AM Stern Charles Gwathmey Robert Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor living spaces setting a new standard for island living Priced from US$4 million to more than US$20 million the marina residences range from two-bedroom apartments to five-bedroom penthouses with private swimming pools each with exceptional views of the marina ocean and golf course

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and court-yard gardens Priced from US$15 million these home lots will span a wide range of architectural

styles Albanyrsquos Golf Course lots also priced from US$15 million will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Sur-rounding the equestrian centre the Ranchette custom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of beachfront home lots that offer breathtaking views of the water Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the beach and ocean

ldquoItrsquos a pretty unique situation when you can say you already have 75 families from 12 countries represented as future resi-dents of Albanyrdquo Anand said ldquoOur long-term goal is to cre-ate an enduring resort community which sets a new quality standardrdquo

Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walk-able compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile De-signed by noted planner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan complements both the nature and architecture of the community

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect be-yond anything you can find at home or in a resort It will be utopiardquo

Defined by its incomparable setting amenities services and architecture Albany (wwwalbanybahamascom) is destined to be the type of resort community families will visit again and again JAQ

10

PAGE 5 OF 5

Albany Beach Club

Albany Design Review Session atRobert AM Stern Offices in New York City

ALBANYALBANY

Robb Report Vacation Homes Ground Floor- March 2009

COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 millionContact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 13: Albany Media Features

10

middot Luxury boutique hotel

middot Championship 18-hole golf course

middot Golf clubhouse

middot Beach Club

middot Family restaurant

middot 16-foot deep 71-slip mega-yacht marina for yachts up to approximately 240 feet

middot State-of-the-art fitness centre

middot Lap pool and Boxing Centre

middot Full-service spa and salon

middot Kidsrsquo Clubhouse (The Conch House)

middot Family water park

middot Adult pool and bar with private cabanas

middot Racquet Centre

middot 15-acre Equestrian Centre

middot 24-hour state-of-the-art security

menities at AlbanyA

Albany Marina streetscape(digital rendering)

Albany Marina Living Room

Robert AM Stern(digital rendering)

View from Albany Beach Club

Albany Design Review Session at Robert AM Stern Offices in New York City

Ernie Els Albany Partner and golf course designer

No sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos links-style champion-ship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development With

rough grading complete its irrigation system installed and grassing underway the Els-designed golf course is beginning to take shape and will be ready for play in the first quarter of 2010

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be de-manding but very enjoyable to playrdquo

Renovations on the Albany Beach Club a 20-year-old beach-side mansion that overlooks the ocean are also underway Once complete the beach club will serve as the heart beat of the community featuring an elegant dining room and sec-ond-floor adult lounge A nearby family restaurant currently under construction will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

A family water park featuring an assortment of pools slides grottos and waterfalls is in the works Construction on the Conch House a su-pervised clubhouse just for kids is also making headway Outfitted with activity centers for vari-

ous age groups and appointment-based child care the Conch House can engage toddlers to teens

Albany also broke ground on its enclave of northside ameni-ties centered on sports fitness and relaxation Health enthu-siasts will find a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre equipped with lighted Har-Tru tennis courts The Albany Spa a full-service spa outfitted with a salon and exquisite individual treatment pavilions for private services is currently being built

Beyond its luxury amenities Albany will be recognized for its architectural distinction offering a range of styles that will all stay true to the era that inspired their design

A hallmark of Albanyrsquos architectural merit is the unprece-dented collection of design talent the developers assembled between world-renowned architects Robert AM Stern Charles Gwathmey Robert Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor living spaces setting a new standard for island living Priced from US$4 million to more than US$20 million the marina residences range from two-bedroom apartments to five-bedroom penthouses with private swimming pools each with exceptional views of the marina ocean and golf course

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and court-yard gardens Priced from US$15 million these home lots will span a wide range of architectural

styles Albanyrsquos Golf Course lots also priced from US$15 million will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Sur-rounding the equestrian centre the Ranchette custom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of beachfront home lots that offer breathtaking views of the water Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the beach and ocean

ldquoItrsquos a pretty unique situation when you can say you already have 75 families from 12 countries represented as future resi-dents of Albanyrdquo Anand said ldquoOur long-term goal is to cre-ate an enduring resort community which sets a new quality standardrdquo

Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walk-able compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile De-signed by noted planner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan complements both the nature and architecture of the community

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect be-yond anything you can find at home or in a resort It will be utopiardquo

Defined by its incomparable setting amenities services and architecture Albany (wwwalbanybahamascom) is destined to be the type of resort community families will visit again and again JAQ

10

PAGE 5 OF 5

Albany Beach Club

Albany Design Review Session atRobert AM Stern Offices in New York City

ALBANYALBANY

Robb Report Vacation Homes Ground Floor- March 2009

COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 millionContact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 14: Albany Media Features

ALBANYALBANY

Robb Report Vacation Homes Ground Floor- March 2009

COVER

PAGE 1 OF 2

The Inside Track on the Latest Developments Ground Floor

LocationNew Providence The Bahamas

ABOVE AND DETAIL - The newly renovated Albany House will be home to the Albany Beach Club Penthouse Digital Rendering (Designed by Robert A M Stern) RIGHT - Peering through the bougainvilleas to the Albany House

Architect Robert AM Stern is just one of the big names attached to Albany a 565-acre oceanfront resort on New Providence Island in the Bahamas Named after the historic formerly private beachside mansion that sits in the heart of the community Albany is a partnership between private investment company Tavistock Group and golfers Tiger Woods and Ernie Els

Albany will feature a luxury boutique hotel and approximately 350 residences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences

The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Els an equestrian center beach club full-service spa and fitness center kidsrsquo clubhouse and family water park

The 71-slip mega-yacht marina which will accommodate vessels as large as 240 feet will rival the great resort ports of the world with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing for access to resort amenities and services

Albanyrsquos links-style championship course which features four sets of tees measuring more than 7400 yards from the back tees will offer one of the purest golf experiences with fairways free of residential development

The planned 15-acre equestrian center will accommodate various riding disciplines

The beach club will serve as the heartbeat of the community featuring an elegant dining room and second-floor adult lounge A nearby family restaurant will provide an ideal place for families to gather for breakfast lunch casual dinners and special events

An enclave of northside amenities centered on sports fitness and relaxation will include a fully-equipped fitness complex furnished with a lap pool a boxing ring and best-in-class personal training equipment and a racquet centre outfitted with lighted Har-Tru tennis courts A full-service spa will offer exquisite individual treatment pavilions

The Conch House a supervised clubhouse just for kids will offer activity centers for various age groups and appointment-based child care A family water park will feature an assortment of pools slides grottoes and waterfalls

Albanyrsquos location makes the resort community not only a perfect island escape but an easy one too Located just seven minutes and five miles from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from major cities With construction well underway

Albany is slated to open Fall 2010 From $4 millionContact Uswwwalbanybahamascominfoalbanybahamascom

18889097001 or 14079095936

ALBANY

Albany Beach Club

Albany Beach Club

PenthouseRobert AM Stern Architects(Digital Rendering)

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 15: Albany Media Features

12

PAGE 2 OF 2

1 JW MARRIOTT RESIDENCES LORETO BAJAThe town of Loreto was the first Spanish settlement on the Baja California peninsula roughly 300 years ago Today it is the site of the first JW Marriott Residences property in Mexico The project includes more than 800 feet of private shoreline and 201 condominiums Ownership comes with an array of amenities such as the resorts 35-set movie theater and kidsrsquo pool waterslides and a lazy river From $750000

2 CIPRIANI OCEAN RESORTThe MiMo-style resort plans to open in 2010 with 209 hotel suites fronting 600 feet of beach Located next to the resort a new tower ndash which broke ground this spring ndash will house 65 club Residences From $1million

3 W DOHA HOTEL amp RESIDENCESThe all-glass W-shaped structure is near the Arabian sea in Qatarrsquos capital city of Doha Featuring bright interiors infused with Arabian elements the building ndash comprising 291 hotel rooms and 154 rental condos ndash offers a poolside lounge with a hookah bar two restraints by Jean-Georges Vongerichten and a Bliss spa Starting prices for monthly rentals are approximately $10000

4 COLOGNA DELLA VIAWith a collection of 14 residences in five desitnations Resort Equities offers fractional ownership in private homes The companyrsquos newest property is a 500-year old farmhouse in Tuscany Available in one-tenth shares the home sits on 20 acres and offers views of the countryside One-tenth shares from $450000

5 SEAVIEW REGENCY PRESTIGESituated in bodrum along the Aegean cost - a favorite vacation destination for the Turkish elite thanks to its pulsating night scene and sandy beaches ndash the development offers 19 three-bedroom villas with modern interiors and open layouts From $238000

6 THE RITZ-CARLTON RESIDENCES ATLANTA BUCKHEADThe project ndash located just north of Atlantarsquos Ritz-Carlton Buckhead hotel ndash occupies the top 17 floors of a 34-story building on Peachtree Road offering one- to three-bedroom homes as well as seven penthouses From $600000

7 SANDCASTLESThe first offerings from SandCastles a new fractional ownership venture founded by the same family that runs Villas Caribe offers beachfront property with resort amenities Currently SandCastles has three properties on the white-sand beaches of Mexico each available for one-tenth shared ownership which grants five weeks of annual use Their signature property Dulce Suentildeos is located within a gated resort community in Isla Navi-dad Costa Alegre From $298000

8 THE LANDMARK Set amid ships restaurants a fitness center and a variety of entertainment options in its forth-coming European Village the Denver Colorado community has just released a new offering of brick-and-stone residences with such standard amenities as 11-foot-high ceilings and retractable glass walls that lead to rooftop decks overlooking the Rockies From $800000

1 2

3

4

5

6 7

8

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 16: Albany Media Features

ALBANYALBANY

Marina World Welcoming the Big Boats New Facilities- June 2009

COVER

PAGE 1 OF 2

wwwmarinaworldcom - MayJune 2009

WELCOMING THE BIG BOATS NEW FACILITIES

Community life and megayacht mooring in the Bahamasby Sarah Devlin

A few years ago all eyes in the Bahamas were on the island of New Providence Legendary golfers Tiger Woods and Ernie Els got together with their friend Joe Lewis founder of the international investment firm Tavistock Group to purchase the Albany House a plantation-style home located on the southwestern corner of the island Immediately they drafted plans to build a luxury 565-acre (229-hectare) resort on its site to include an Ernie Els-designed 18-hole golf course an equestrian centre with ranchettes luxury three- to five-bedroom lsquocottagesrsquo custom home lots a beach club and a marina facility with 100 waterfront residences and over 70 wet slips for megayachts up to 240 feet (73m)

- when away from the hustle and bustle of Nassau - has been considered a paradise by many while nearby Freeport continued to garner its reputation as a lsquoresortrsquo destination Truth be told New Providence has welcomed the resort crowd via cruise ship for many years and the Albany House - originally owned by renowned Hollywood producer Jean Chalopin

- has seen its own share of tourists as the site of two movies most notably the James Bond film lsquoCasino Royalersquo

With this new development the island will welcome an of visitors and residents from a higher income bracket and may begin to enjoy the riches of luxury economic development The existing Albany House which is approximately 77 feet (24m) from the water will be the cornerstone for the new community and will serve as a high-end luxury Beach Club with an indoor restaurant and a large terrace ldquoBritish West Indies on the outsiderdquo says Doug McMahon managing director for the Tavistock Group ldquowhile the inside will have a more contemporary viberdquo

Overall the Albany project scheduled for a late 2010 grand opening has garnered input from almost 20 architectural rms and a myriad of international and local consultants contractors and builders including Bellingham Marine Industries (BMI) which is primarily responsible for the marina construction BMI has been contracted for the recently completed Turks and Caicos Yacht Club a 135-slip state-of-the-art eco-friendly marina in Turks and Caicos capable of berthing yachts up to 200 feet (61m) the soon-to-be-completed 300-slip Marina Pez Vela in Costa Rica Chub Cay Marina in the Berry Islands and Emerald Bay Marina in Great Exuma

The Albany marina when complete will include the aforementioned wet slips a recently dredged mile-long channel dry storage for yachts up to 42 feet (13m) and space to turn a 300ft (91m) yacht ldquoTiger and Joe have large yachtsrdquo says McMahon ldquoThe marina had to fit thoserdquo Indeed the marina will

Two-thirds of the Bahamian population lives in New Providence primarily because the island is home to Nassau the capital and commercial centre for the Bahamas The island itself has been a popular tourist destination as it has a rich cultural background and existed as a pirate haven in the 18th century Surrounded by old shipwrecks and coral reefs the island

Under construction the corner of the marina facing north and east Above and right luxury concepts

The Tavistock Group - the leader of the entire enterprise - is a global private investment rm founded 30 years ago by Joe Lewis The company has grown to encompass a broad portfolio around the world including luxury residential proper-

ties master planned real estate development sports teams and sporting events and restau-rants The grouprsquos residential communities include the top-rated Lake Nona Golf and Country Club in Orlando Florida Old Fort Bay in the Bahamas and Isleworth Golf and Country Club also in Orlando In other words a project such as this is nothing new for them

wwwmarinaworldcom - MayJune 2009 1

bull World News bull Middle East Update bull Welcoming the Big Boats bull

MarinaWorldMayJune 2009 No53 Vol 9 Issue 5

wwwmarinaworldcom

See u

s

at Mari

nas 2

009

QLD

Austr

alia

Boot

h 20

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 17: Albany Media Features

14

PAGE 2 OF 2wwwmarinaworldcom - MayJune 2009

have an 18ft (5m) basin capable of handling a boat with a 16ft (5m) draft ldquoTurrell Hall amp Associates did a phenomenal job to make it work in the South Oceanrdquo McMahon adds ldquoIt sets a new standard for marina offerings in the Bahamasrdquo

BMI was brought into the project via Turrell Hall amp Associates which is responsible for engineering designing and managing construction for the proposed 15-acre (6-hectare) marina Work includes an extensive Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP) for the entire project The contract is particularly apt as Turrell specialises in considering the specifi c needs of megayachts such as concierge services access for provisioning and special fuelling and crew facilities The fi rm also offers operational expertise facility management and marina staff training in fuel spill and emergency response procedures via its association with Dream Harbors (Naples Florida) which offers operational support in marina development and best management practices

For the Albany project Turrell Hall amp Associates relied on its own yacht registry database ldquoWe use the database to design marinas so berthing spaces and accommodations are adequate for todayrsquos vesselsrdquo says Joe Cunningham staff engineer for Turrell Hall amp Associates ldquoThe database analyses the average beams drafts power demands and other information for thousands of yachts registered throughout the world and is continuously updated as new yachts come onlinerdquo he adds

BMI is no stranger to Turrell Hall amp Associates as theyrsquove worked together on various projects for over 20 years ldquoWe have built a number of marinas they have been the plannerpermitting engineer for in southwest Florida the Keys and the Bahamasrdquo says Steve Ryder manager of project development at BMI ldquoDream Harbor owns and operates marinas in Florida and we have built their facilities at Naples Boat Club and Ocean Club Marina in Port Canaveralrdquo

The scope of BMIrsquos work includes structural engineering and construction services for the dock and pile system The team will also construct the utility systems with all the latest in fi re health safety communication environmental and fuel systems including many aesthetic upgrades ldquoThis marina when

completed will incorporate many of the details and requirements we have developed in the 50 years wersquove been building marinas and yet Albany will have a number of signifi cant upgrades for the vessels who will call the marina homerdquo Ryder confi rms

Although BMI had not worked with the Tavistock Group in the past Ryder says Turrell was ldquoaware of our abilities and we were familiar with them from their development projects such as Lake Nona and Isleworth in the Orlando areardquo

Lining the marina the Albany projectrsquos plans include 11 buildings housing 100 waterfront apartments with a classic design and views of the marina and surrounding ocean As with many tropical locations the apartments will focus on warm-weather living with vanishing walls of glass penthouses with swimming pools and 30 outdoor living space

The entire community was designed by the highly infl uential modern architect Andres Duany of Duany Plater-Zyberk amp Company (Miami Florida) a fi rm responsible for Alys Beach currently under construction in Florida the Windsor Club in Vero Beach Florida and Seaside - a revolutionary 80-acre (32-hectare) lsquonew urbanrsquo development along the Florida panhandle founded and designed in the early 1980s

McMahon says that Duany drew inspiration for the Albany project from other coastal communities such as Edgartown and

Martharsquos Vineyard - both located in Cape Cod Massachusetts noted for its traditional small-town design The result will be a pedestrian-friendly community with streets that address the ocean Although designed by various architects ldquothe buildings will relate to each other relate to the street relate to the neighbourhoodrdquo says McMahon ldquoThere will be a reason for everythingrdquo

As for environmental-group pushback which comes as standard with any large construction job regardless of location one local group did approach Tavistock and question their intentions but quickly ended its campaign What it comes down to McMahon states is communication ldquoIf a developer honours its commitments things quiet downrdquo he says ldquoWe have a commitment to be a good environmental steward Plus we have incentive Wersquore all attracted to the natural beauty in the Bahamas The last thing we want to do is mess that uprdquo

For example jetties will be constructed both north and south of the new inlet to an existing yacht basin - dug by the previous owner - to keep sand on the beaches and out of the channel Natural stone rip-rap will line the entrance channel tying into the jetties to dissipate wave energy As the Albany project has 3200 linear feet (975m) of shoreline clean sand will be placed on the beaches as is common practice to offset any erosion The beaches will then be consistently monitored over time In the long run the jetties will increase habitat for marine life and will eventually replenish beaches in New Providence that have been eroding over the last 50 years

Albany will also buck the lsquocelebrity developerrsquo trend McMahon points out that when celebrity shareholders lend their names to various developments and projects they often just sit in the background or walk away after a period of time This has led to a certain amount of cynicism in resort areas looking to court major developers Not the case here ldquoJoe Tiger Ernierdquo McMahon states ldquoWhen they say theyrsquoll do something they do it These three have everything to do with this project and they are powerful shareholders even with these current economic headwinds They chose to do this as friendsrdquo

WELCOMING THE BIG BOATS NEW FACILITIESOutdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

Outdoor living space will be prime at Albanyrsquos waterfront apartments and penthouses with swimming pools (below)

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 18: Albany Media Features

ALBANYALBANYALBANY

MACO Caribbean Living Albany A Family Playground- Vol 1 Issue 1 Summer 2009

MACO 1

ALBANY A FAMILY PLAYGROUND

EXPLORE THE POSSIBILITIESBy Sandy Thompson

COVER

PAGE 1 OF 10

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 19: Albany Media Features

16

REPRINT FROM MACO CARIBBEAN LIVING VOLUME 1 ISSUE 1 Summer 2009

PAGE 2 OF 10

ALBANY A FAMILY PLAYGROUND

NEW MULTI-MILLION DOLLAR RESORT COMMUNITY OPENS SOON IN THE BAHAMASSANDY THOMPSON EXPLORES THE POSSIBILITIES

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 20: Albany Media Features

ALBANYALBANY

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 3 OF 10

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 21: Albany Media Features

18

MACO 4 MACO 5

At Albany the only sight more striking than its shimmering ocean views is its

commanding architectural design Natural beauty and masterful architecture go hand in hand at this 565-acre luxury resort community dotting the southwestern end of New Provi-dence in The Bahamas

Scheduled to open in early 2010 Albany will feature a luxury boutique hotel and 325 resi-dences that include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina apartments

ever assembled in a resort communitymdashin-cluding a mega-yacht marina for yachts up to 240 feet an 18-hole championship golf course designed by top pro golfer Ernie Els an equestrian centre beach club and family water parkmdashAlbany is intended to be a pock-et of utopia for the whole family to enjoy

Albany is the collective vision of its develop-ersmdashprivate investment company Tavistock Group and golf icons Tiger Woods and Ernie

resort community Its location makes the re-sort community not only a perfect island es-cape but an easy one too

New Providencersquos alluring landscape and rich Bahamian heritage coupled with its proximity to Nassaursquos international airport (which offers

and European cities) convinced Albanyrsquos de-

velopers to build their resort property thereArchitectural distinction is one of Albanyrsquos top priorities and it begins with the commu-nityrsquos master plan Designed by noted plan-ner Andres Duany and Duany Plater-Zyberk amp Company Albanyrsquos master plan comple-ments both the nature and architecture of the community

Whether yoursquore enjoying a round of golf or spending the day at the family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and au-tomobile

ldquoItrsquos more than the weather and the beach and the fact that you can do sportsrdquo Duany said ldquoAlbany will be perfect beyond any-

will be utopiardquo

ABOVE Albany

Marina Streetscape

(digital rendering)

RIGHT Tiger Woods

and Ernie Els Albany

Partners

FAR RIGHT Albany Penthouse Game Room

Robert A M Stern

(digital rendering)

PAGE 4 OF 10

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 22: Albany Media Features

ALBANYALBANY

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 5 OF 10

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 23: Albany Media Features

20

MACO 6 MACO 7

Albany offers a range of architectural styles all of which stay true to the era that inspired their designA hallmark of Albanyrsquos architectural distinction is the unprecedented collection of design talent the developers assembled between noted architects Robert AM Stern Charles Gwathmey Bob Siegel Richard Sammons Scott Merrill Morris Adjmi and Geoffrey Mouen

The result is 100 well-appointed marina residences that will generously blend indoor and outdoor liv-ing spaces setting a new standard for island liv-ing Priced from US$4 million to more than US$40 million the marina residences range from two-

with private swimming pools each with exception-al views of the marina ocean and golf course

The marina residences surround the resort commu-nityrsquos 71-slip mega-yacht marina Built to accom-modate vessels as large as 240 feet the marina will rival the great resort ports of the world

The Albany Beach Club housed inside a refur-bished 20-year-old beachside mansion will be the heartbeat of the resort community with an elegant

and lounge and nearby adult pool and bar An as-

ABOVE Albany Marina

Design Review Session

at Robert A M Sternrsquos

RIGHT Albany Marina

Penthouse Pool

Gwathmey amp Siegel

(digital rendering)

FAR RIGHT Albany Marina ResidenceLiving Room Merrill Pastor amp ColganArchitects(digital rendering)

ALBANYrsquoS MARINA WILL SET

A NEW STANDARD OF LUXURY

IN THE CARIBBEAN

PAGE 6 OF 10

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 24: Albany Media Features

ALBANYALBANY

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

PAGE 7 OF 10

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 25: Albany Media Features

MACO 8 MACO 9

sortment of pools slides grottos and waterfalls at the water park makes it an ideal family destina-tion while the kidsrsquo clubhouse offers an array of recreation areas and activities designed to please toddlers to teens

Albany will challenge the body and rejuvenate the spirit offering an enclave of northside ameni-

offers something for everyone A state-of-the-art -

ing ring and best-in-class personal training equip-ment The nearby racquet centre is equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility The planned 15-acre eques-trian centre will accommodate various riding dis-

ciplines and complement the surrounding 3-acre ranchettes

For those desiring relaxation Albany Spa was de-signed to be an oasis within an oasis This full-

-ted with a salon and seven individual treatment pavilions for private services

And of course no sporting paradise would be complete without an extraordinary golf experi-ence Albanyrsquos 18-hole championship course which features four sets of tees will measure more than 7400 yards from the back tees The course

remaining holes being par fours

ldquoItrsquos an opportunity to create an instant classic that will be challenging for all levels of playrdquo Els said ldquoIt will be demanding but very enjoyable to playrdquo

offer tees at both ends and support every type of situation a golfer might experience on the course ldquoGiven the family nature of Albany the teaching facilities and programmes at the club will be ex-ceptionalrdquo Els added

A short distance from the golf course sits a fully-equipped golf club house which features a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and

ALBANY OFFERS

SOMETHING FOR

EVERYONE

LEFT Albany

Beach Club

22

PAGE 8 OF 10

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 26: Albany Media Features

ALBANY

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

ALBANY

PAGE 9 OF 10

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 27: Albany Media Features

MACO 10 MACO 11

Albanyrsquos Golf Course lots also priced from US$175 mil-lion will offer dramatic views of rolling greens fairways and lakes on the resort communityrsquos core golf course Surrounding the equestrian centre the Ranchette cus-tom home lots will be the largest properties Ranging from three to five acres the home sites are designed for horse enthusiasts and are priced from US$7 million

Sales at Albany have been brisk including demand for a collection of dramatic beachfront home lots that offer breathtaking views of the water have sold Priced from US$55 million to more than US$13 million a handful of the home sites provide double waterfront viewsmdashnorth to the marina and south to the ocean

ldquoItrsquos a pretty unique situation where you can have a home surrounded by water on two sides and keep your 200 foot mega-yacht in your own backyardrdquo said Christopher Anand Albanyrsquos managing directorThe demand for Albanyrsquos other home sites is just as strong

ldquoWe are pleased with the first phase of sales for Al-bany which has allowed us to welcome almost 100 familiesrdquo Anand said ldquoOur builders have produced a healthy range of product within Albany including cot-tages beachwalk lots and oceanfront propertyrdquo

For more information please feel free to contact

Jason Callender18889097001

jcallendertavistockcomalbanybahamascom

RIGHT Albany

Beach Club

BOTTOM RIGHT

Albany Marina

Living Room Robert

A M Stern (digital

rendering)

LEFT Albany

Marina Rooftop

Penthouse Terrace

Morris Adjmi (digital

rendering)

private corporate meeting facilities The multigenera-tional resort community offers a variety of residences and home sites to meet any lifestyle

Albany Cottages comprising three to five bedrooms are inspired by traditional Bahamian architecture and offer charming outdoor living spaces including pri-vate pools and gardens The cottages are convenient-ly located near the Albany Beach Club and beachside amenities and form the cornerstone of the resortrsquos lux-ury boutique hotel These cottages will provide some of the most luxurious hotel accommodations found in the Caribbean

Just steps from the beach Albanyrsquos Beachwalk cus-tom lots have been designed to offer an enclave of residences with inviting front porches and courtyard gardens Priced from US$175 million these home lots will span a wide range of architectural styles

REPRINT FROM MACO CARIBBEAN LIVING VOLUME II ISSUE 1 2009

24

PAGE 10 OF 10

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 28: Albany Media Features

ALBANYALBANY

COVER

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l la Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

COVER

PAGE 1 OF 3

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 29: Albany Media Features

26

Spearrsquos Wealth Management Berth Pangs- Summer 2008

PAGE 1 OF 3

I ncreas ing ly the b iggest cha l lenge fac ing sa i lors i s not p lot t ing a course or contro l l ing the sa i l s but f inding a berth for the i r boat af ter

a cru ise Indeed were Odysseus rsquos ten-year journey back to I thaca to take p lace now f inding somewhere to t ie up would de lay h is arr iva l home more than encounters wi th S i rens or Lotus Eaters Yacht berths are espec ia l ly scarce and expens ive in the wor ld rsquos most popular reg ions such as the Medi terranean and the Car ibbean That i s why the growth area in the second-homes market i s developments in which you can e i ther come into port in your own backyard or get preferent ia l berth ing r ights and rates by buying into a scheme centred around a mar ina lsquoMar inas have overtaken gol f as the key dr iver a t the top end of the second-homes market rsquo says James Pr ice Head of Internat iona l Res ident ia l Development a t es ta te agents Knight Frank lsquo I t rsquo s huge at the moment and the number of yachts and mega-yachts

under construct ion suggests that the demand for mar ina developments i s only going to increase rsquo According to Camper amp Nicholsonrsquos Internat iona l Luxury Yacht Index there are over 5 000 yachts in the wor ld over twenty metres in length and the f leet i s growing Worldwide 900 more twenty-metre-p lus yachts are current ly under construct ion and the rate of growth i s acce lerat ing wi th speed of re lease f rom shipyards a t leas t twice as fas t now as in the year 2000 Each one needs at leas t one convenient berth idea l ly in an appea l ing harbour Furthermore the boats are get t ing b igger A lsquo super-yacht rsquo i s genera l ly def ined as a vesse l that measures over 24 metres in length The average length of those on order i s 41 metres and the

growth sector i s in the market for mega-yachts over 60 metres - and r i s ing Some are now more than 100 metres long and even inching towards 200 metres As an indicat ion of the money people are spending a 77-metre pr ivate yacht that was launched las t year cost over euro 1 mi l l ion per metre In the past decade the wor ld rsquos b i l l iona i re populat ion has increased around four-fo ld Mega p leasure-cru isers have become the waterborne equiva lent of a Manhattan penthouse or French chateau Trouble i s unl ike those s ta tus symbols they require gargantuan park ing spaces lsquoWhen mar inas were f i rs t bui l t in the Medi terranean and the Balear ics they were made for smal l sa i l ing boats and f i sh ing boats rsquo says Robert Inwards d i rector of Inwards Ltd a lead ing berth brokers and mar ina deve loper lsquoNow they are get t ing wider and wider and longer and longer and they have to go somewhere rsquo Pay ing for a t rad i t iona l berth i s cer ta in ly not

cheap Those in the south of France can have 50-year renewable leases and rare ly become ava i lab le lsquoTry ing to rent a berth in the south of the France i s a n ightmare rsquo says Inwards lsquoA th i r teen-year seventy-f ive metre berth in Ant ibes just so ld for euro14 mi l l ion so you might as wel l go ahead and just buy a house [wi th a moor ing] rsquo The Car ibbean has a lways been regarded as a luxury t rave l dest inat ion whose baby-b lue seas shaded coves and sandy bays lend themselves to some of the f inest and safest sa i l ing anywhere in the wor ld Some of the reg ionrsquos less deve loped and harder- to-access i s lands such as Angui l l a Grenada and the Grenadines are current ly market ing themselves as more e l i te than Barbados wi th i t s package-hol iday crowds and ce lebr i ty bores propping up the bar of the Sandy Lane Hote l Money once went hand-in-g love wi th decadence and even s infu lness Now the way to br ing your i s land into economic v iab i l i ty i s to shun the masses permit only a handful of very h igh-end mar ina deve lopments and preserve the landscape rsquos pr i s t ine appea l to the super-r ich Albany developed by Joe Lewis of the Tavis tock Group in assoc ia t ion wi th gol fers Tiger Woods and Ernie Els (who des igned i ts course) i s a 565-acre oceanfront

resort community on the i s land of New Providence in the Bahamas The heart of the resort where i t rsquo s reckoned the best soc ia l -networking in the Car ibbean wi l l take p lace i s the Albany Clubhouse This e legant co lonia l mans ion i s seared onto the memory of much of the western wor ld rsquos female populat ion as the p lace where Danie l Cra ig emerged from the water in h is tanta l iz ing ly snug-f i t t ing swimming trunks in h is debut Bond movie Cas ino Roya l e Not even the names Bond Els and Woods can compete wi th the at t ract ions of Albanyrsquos deep-water mega-yacht mar ina however I t has been des igned and bui l t to aesthet ica l ly r iva l the wor ld rsquos great resort ports Rumor has i t that the deve lopment rsquos sca le was set to accommodate the founders rsquo yachts comfortab ly Tiger Woods and Joe Lewis both own vesse ls measur ing over 46 metres lsquoThis i s not an endorsement for me i t rsquo s an investment rsquo Woods says of the scheme The chances

Albany a 565-acre oceanfront resort community on the Island of New Providence in the Bahamas

34 WMS Summer 2008 Summer 2008 WMS 35

Therersquos no point having a super-yacht unless yoursquove got gniht nmad eht krap ot evisserpmi yllauqe erehwemos

Catherine Moye charts the global boom in swanky marina developments

Albany Marina (digital rendering)

PAGE OF 3

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 30: Albany Media Features

ALBANYALBANY

Rooftop penthouse Robert AM design (digital rendering)

WMSS P E A R rsquo S

WEALTH MANAGEMENT SURVEYCOM

₤25

are that h is f i r s t out ing as a deve loper could be even more lucrat ive than h is t r ips onto the fa i rways as a profess iona l gol fer P lots a t Albany s tar t f rom $18 mi l l ion Luxury houses cost around $2 6 mi l l ion to bui ld and apartments s tar t f rom $3 mi l l ion lsquoWhen there i s the provis ion of a mar ina a t a scheme with berths for super-yachts and mega-yachts you are dea l ing wi th a cer ta in pr ice bracket and developers wi l l take advantage of that rsquo says James Pr ice lsquoAlbany offers wonderfu l gol f but there rsquos no shortage of wonderfu l gol f courses around the wor ld and p lenty of opt ions to buy into other resorts There i s a shortage of ber ths however In creat ing them you are automat ica l ly put t ing yourse l f in a bet ter pos i t ion to capture the upper end of the market rsquo

Albany Marina Streetscape (digital rendering)

We invite you to learn more about Albany For more information please contact INFOALBANYBAHAMASCOM 4079097000

Albany Marina Streetscape (digital rendering)

Albany Marina Residence Patio Morris Adjmi (digital rendering)

PAGE 3 OF 3

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 31: Albany Media Features

will include beachfront beach club and golf course custom homes equestrian ranchettes and luxurious marina residences designed by some of the most notable architects in the world

Extraordinary family amenities will include a water park a supervised clubhouse for children and teens and a family restaurant offering an ideal place for families to gather for breakfast lunch casual dinners and special events

A state-of-the-art spa and fitness center as well as an adult pool and lounge surrounded by private cabanas will be where the big kids play The nearby racquet center will be equipped with lighted Har-Tru tennis courts and an indoor padel tennis facility For a five-star dining experience and evening entertainment the historic beachside mansion once known as Albany House offers an elegant dining room and a second-floor adult lounge Albanyrsquos 18-hole links-style championship golf course will feature a unique mix of tees including five par-fives and five par-threes with the remaining being par-fours Measuring more than 7400 yards from the back tees the Els-designed golf course offers golf experiences with fairways free of residential development At the nearby golf clubhouse Albany members and guests will find a bar and grill with expansive outdoor seating a pro shop with complete professional golf services and private corporate meeting facilities

Sure to appeal to the most avid rider the planned Equestrian Center will be a 15-acre facility that will accommodate various riding disciplines

A 71-slip mega-yacht marina will accommodate vessels as large as 240 feet with a state-of-the-art concrete dock system high-tech communication systems at each slip and one-touch dialing access to resort amenities and services Albany is located just five miles from Nassaursquos international airport offering non-stop flights daily from major US and European cities

ALBANYTel (888) 909-7001 | Email infoalbanybahamascomwwwalbanybahamascom

A L B A N Y

A T L A N T I SO C E A N C L U B

L Y N D E N P I N D L I N GI N T E R N A T I O N A L A I R P O R T

O L D F O R T B A Y

O D Y S S E Y A V I A T I O N

N A S S A U

C A B L E B E A C H

A T L A N T I C O C E A N

L Y F O R D C A Y

bull 71-slip mega-yacht marina

bull Dockage for yachts as large as 240 feet

bull Complete dock services

bull State-of-the-art floating concrete docks

bull One-touch dialing at each slip for access to resort amenities amp services

bull Marina opens early 2010

Boat International USA Albany in the Bahamas- May 2009

Running YourCharter YachtSuccessfully InTodayrsquos Economy

Discovering Albany The CarribbeanrsquosFinest New Marina

COVER

Nestled among 565 oceanfront acres on the southwestern end of New Providence in the Bahamas Albany will be a new resort commu-nity for golfers yachtsmen anglers and their families Scheduled to open in 2010 Albany is being developed by Tavistock Group along with pro-golfers Tiger Woods and Ernie Els Currently under construction the (approximately) 325 homes at Albany

28

Albany in the Bahamas

PAGE 1 OF 1

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 32: Albany Media Features

ALBANYALBANY

The elegantly understated Albany Houseon New Providence Island where M debriefed you in Casino Royale is now at the heart of a new luxury development Albany is backed by Tiger Woods Ernie Els and the Tavistock group who already own two of the best country clubs in America Lake Nona and Isleworth in Florida Due for completion in 2010 the 565-acre ocean-front resort is seven minutes from Nassau international airport and will have a bou-tique hotel spa mega-yacht marina which can take 250-foot floating vodka palaces and 350 residential units ranging from beachfront apartments to Scaramanga-style five-bed villas The big sales launch is starting this Christmas but 85 properties priced between L25m and L25m have al-ready been sold With five par threes and five fives Els is designing the 7400-yard course complete with first-class practice facilities and elegant clubhouse for those post-game martinis The shops restaurants and beaches should keep the next Bond girl

happy for days Like you 007 Albany combines classic style and innovation with just a dash of adventure For details wwwknightfrankcoukinternational

Your heroics off the coast of Phuket in TheMan with the Golden Gun made quite a splash - one of the tall erect limestonerocks thrusting out of Phang Nga Bay isnow called James Bond IslandOverlooking the very same stretch of water The Yamu will have a chic 69-room hoteland two villa developments The 13

Memo from 007 to Moneypenny Take time off froma Quantam of Solace to find me a safe house to hole up in between assignments- discreet stylishand with a good course for pre-prandial playMoneypenny to 007 James after talking to Girsquosproperty man Peter Swain here are some ideas-you know some of the locations already

Phillippe Starck-designed Club Villas ready in November 2009 are very agent provoca-teur television sets rising out of bed ends the bathtub in the bedroom 24-hour but-ler service and infinity pools on large ter-races with uninterrupted views of the ocean There is a wine and cigar room for you and a chocolate room for me Imagine The L125m price tag may look steep onyour pay scale but if you only use your get-away 45 days a year you earn 45 of the gross rental on the other 320 days There are six courses on Phuket - the two best are at Blue Canyon one of the finest set-ups inAsia Heavily bunkered with water in play

THE BAHAMAS

THAILAND

Safe houses in the sunPROPERTY ABROAD ROUND-UP

100 GOLFINTERNATIONALMAGCOM JANFEB 2009

Golf International Safe Houses in the Sun- JanuaryFebruary 2009

COVER

PAGE 1 OF 2

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 33: Albany Media Features

JANFEB 2009 GOLFINTERNATIONALMAGCOM 101

help to really create the biggest challengeJames is the 450 caddies They are all womenwwwtheyamucom

When you were dicing with death on theChamonix ski slopes during the filming The World is not Enough you probably werenrsquotthinking abou the French Alps as a perfectsummer and winter sports destination As wellas world class off-piste skiing and rock climb-ing Chamonix has a 6645- yard Robert TrentJones Snr course with views of Mont Blanc Relatively flat for an alpine course well-placed bunkers and water hazards provide a challenge even for a nine-handicapper likeyou For something cheerful and relativelycheap the fully furnished apartments in LesTerrasses de Veret in nearby Flaine give you give weeks usage a year if you join their rentalscheme which hopefully pays off a chunk ofyour investment At L128000 even an M16underling could afford a one-bed apartment The next Electra King though might feelmore at home in the upmarket Les Chalets deBelvoir in Combloux just down the road from ritzy Megeve Less than an hour from Genevaaiport with a luxury spa casino and Michelin-starred cuisine close by the sixexclusive chalets have indoor pools and privatecinemas good for reviewing past assignmentsWith either four or five bedrooms the chaletsare priced from L21m For more information-wwwalpinehomesintlcom

During the war your alter ego Ian Fleming liked the Casino in Estoril but the best Portuguese courses are down in the AlgarveWith its taut angular design the innovativeKeys development at Quinta do Lago is justperfect for you The villas at Key Lago each

THE KEYS

CHAMONIX

have their own private roof garden completewith bar infinity pool to relax in after mis-sions hot tub and electric-canopy-toppedrooftop bedroom where you can siesta sleepor do whatever with whoever under the stars in perfect privacy Q has installed hidden key-hold security cameras that can be programmedto take and email pictures so you can trackintruders or staff within 20 seconds of theirentering the premises A bespoke concierge service caters for all tastes even yours Prices start at L784000 but these are the last properties being built at Quinta do Lago so M thinks theyrsquore a good in-vestment Membership of the exclusive golfclub and play on its two championship cours-es is guaranteed Pinheiros Altos as well as Valeda Lobo and Vilamoura are only a short DB5drive away For more details go to wwwthekeysatquintacom

Ian Fleming also stayed on Mahe in 1958 andfeatured the Indian Ocean island in For YourEyes Only The Four Seasons Private Residences 28 individually designed villas onthe southwest side of Mahe at Petite Anse would give a special agent secluded luxury-a quantum of solace you might almost say Perched up on the granite landscape above a sheltered bay where you can clearly eyeballan approaching Eliott Carver-style stealth ship Each property has spacious terraces and a large veranda that open onto wide decks framing infinity pools The bedroom suites should appeal to you James- for extra priva-cy they are set apart from the main living areaand from each other If you need some out-door exercise the resort hotel can arrange snorkeling sailing and deep-sea fishing excur-sions as well as fine dining

SEYCHELLES

(Above) The Four Seasons Private Residenceson the Indian Ocean Island of Mahe (featuredin the film For Your Eyes Only) offer spaciousterraces and total privacy(Left) With many of Portugalrsquos finest golfcourses in the Algarve The Keys at Quinto deLago are especially appealing The villas at Key Largo each have their own private roofterrace complete with infinity pool

(Clockwise from far left) Yoursquoll recognize this view as thesetting for Scaramangarsquos hideaway in The Man with the Golden Gun Tiger Woods and Ernie Els are among theinvestors in Albany House due to open in 2010 LesChalets de Belvoir less than an hour from Geneva airport may well be the ultimate address in the French Alps

30

PAGE 2 OF 2

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 34: Albany Media Features

ALBANYALBANY

Southern Seasons The Bahamasrsquo Newest Beauty- Early Summer 2009

PAGE 1 OF 2

homes equestrian ranchettes and exquisite marina residences designed by a collection of world-renowned architects The amenity-rich sanctuary boasts a mega-yacht marina an 18-hole championship golf course designed by Ernie Els an equestrian center beach club full-service spa and fitness cen-ter kidsrsquo clubhouse and family water park Whether yoursquore enjoying a round of golf or spending the day at Albanyrsquos family water park itrsquos easy to navigate this walkable compact town that is seamlessly linked by paths that can be accessed by foot bicycle golf cart and automobile Synonymous with some of the most spectacular locales in the world Albany has already attracted families from across the globe Albanyrsquos location will make the resort community not only a perfect island escape but an easy one too Located just seven minutes from Nassaursquos international airport Albany is easily accessible with several non-stop flights daily from ma-jor cities including Atlanta With construction well underway Albany is slated to open Fall 2010 Southern Seasons is look-ing forward to revisiting this Bahamian paradise and present-ing it in future issues

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

THE BAHAMASrsquoNEWEST BEAUTY

BY EILEEN GORDON

The Bahamas has no shortage of beachside retreats But the one Irsquove discovered is in a league of its own Reinventing the islands in a way Irsquove never seen this resort community under development is being done the way Irsquove always dreamedNestled among 565 oceanfront acres Albany is a

showcase of natural beauty architectural brilliance and exceptional amenities Located on The Bahamasrsquo capital island of New Provi-dence Albany is a resort community under development on the southwestern end of the island that will celebrate the very best in island living Well-positioned to unlock the 700 islands and atolls which make up The Bahamas Albany is the perfect setting for those who desire the epitome of luxury and a convenient gateway for the boating lifestyle Named after the historic beachside mansion that sits in the heart of the community Albany is the collective vision of its developers private investment company Tavistock Group and golf icons Tiger Woods and Ernie Els Treasured for its relaxed elegance Albany will be the newest haven for sports icons celebrities and captains of in-dustry If New Providencersquos alluring landscape international glamour and rich Bahamian heritage fail to stimulate your senses Albanyrsquos innovative architecture and unparalleled amenities will albany will feature a boutique hotel and approximately 325 residences that in-clude beachfront beach club and golf club and golf course custom

COVER

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 35: Albany Media Features

3232

PAGE 2 OF 2

IF YOU WOULD LIKE TO LEARN MORE ABOUT THE MAGNIFICENTISLAND COMMUNITY OF ALBANY PLEASE VISIT

WWWALBANYBAHAMASCOM OR CALL 1-888-909-7001

Albany Beach Club

Adult Pool amp Lounge

Albany Marina Penthouse Pool Terrace Robert AM Stern (digital rendering)

Albany Marina Streetscape (digital rendering)

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 36: Albany Media Features

ALBANY

The Tribune Albanyrsquos opening to create 500 jobs- August 2009

ALBANY

PAGE 1 OF 2

Up to 500 full-time jobs will likely be cre-ated when the $14 bil-lion Albany luxury re-sort community starts its operational phase in summer 2010 as the project developers prepare to increase the current 600-strong construction work-force by ldquocranking uprdquo Phase I vertical building

Christopher Anand Albanyrsquos manag-ing partner told Tribune Business that with the projectrsquos management team ldquolargely identified and in place from an operational standpoint it will be early next year when we start hiring the ma-jority of employeesrdquo

Some 200-300 persons are likely to be hired by Albany when Phase I has its soft opening in 2010 Mr Anand said but he explained that the direct impact for the Bahamian workforce could be up to 500 new jobs as a result of the devel-opment contracting out the provision of certain services to Bahamian businesses

ldquoWersquore going to sub-contract with local businesses on the landscaping [and other areas]rdquo Mr Anand explained ldquoThat will ramp up so probably as many as 500 jobs will come out of that as opening day approaches Itrsquos not just us but local busi-nesses whorsquove got contracts as wellrdquo

The promise of several hundred jobs being created will bring a much-needed boost to the workforce and Bahamian society at a time when the economy is struggling unemployment continues to rise and Albany remains the only major mixed-use resort development project continuing to make substantial headway

The southwestern New Providence developmentrsquos amenities such as the spa fitness centre and clubhouse plus the marina golf course and hotel cottages component are scheduled for a summer 2010 soft opening with a more formal ceremony likely to take place in Novem-berDecember 2010

Mr Anand told Tribune Business that some 600 construction workers were currently employed on the project site but this number was due ldquoto be cranked up as the vertical work starts to happen That number will start to grow Thatrsquos still not at the peak I imagine it would get close to 1000rdquo

Albanyrsquos shareholders who include Tavistock Group the vehicle by which Lyford Cay-based billionaire Joe Lewis makes his worldwide investments and golfers Tiger Woods and Ernie Els have invested more than $250 million into the project to date Mr Anand said

The TribuneAlbanyrsquos opening to

create 500 jobs

August 4 2009

By Neil HartnellTribune Business Editor

bullDevelopersinvest$250mtodatewithcurrent600-strongconstructionworkforcetorampuptoaround1000

bullAlbanytohire200-300full-timeemployeesby2010summeropeningwithotherscreatedinBahamian-ownedservicesuppliers

bullMarinabasincompletedandamenitiesandhotelcottagesgoingvertical

ANAND

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 37: Albany Media Features

34

PAGE 2 OF 2

allowing us to stand out it seems as the only ones left standing

ldquoItrsquos a testament to the way wersquove gone about financing and building Albany and getting the right people involved The Bahamas is still a great place to be and New Providence is the right place to be in the Bahamas All these factors have allowed us to buck the trendrdquo

Mr Anand added though that the Governmentrsquos decision to remove the $35000 real property tax cap had im-pacted real estate sales at Albany as with other developments as it increased costs and uncertainty for potential buyers

He explained that any increases in costs associated with buying and holding Bahamas-based property inevitably made sales harder and it was an issue Albanyrsquos developers had discussed both internally and externally

ldquoThings are goodrdquo he added ldquoWersquove seeded about one-third of the golf course Therersquos six holes done out of 18 and next month it will be nine The majority of the marina is complete The basin is done and therersquos a little bit to be done to the channel ndash a couple of weeks worth of work Now the slips and walkways and stuff like that can be put inrdquo

Some 30 hotel cottages are now under vertical construction the Albany managing partner added with drywall and windows being installed and roofs set to go on

ldquoIn every aspect of the development that wersquore delivering itrsquos going verti-calrdquo Mr Anand added And a further 20 homes likely to have an average value of $3 million were going through the design process as purchasers of Albanyrsquos custom lots moved to construct their own homes

Pointing out that this represented at least $60 million worth of work for the Bahamian construction industry when building work on these properties like-ly start next summer Mr Anand said ldquoWersquove always said the benefits of Albany are longer term Itrsquos a marathon not a sprint Here the benefits to the con-struction industry will be longer termrdquo

The construction work coming from Albanyrsquos real estate buyers is likely to provide steady construction work for some 10 years he explained the ldquospurtsrdquo coming when the projectrsquos developers are engaged in work

Despite the depressed global econ-omy Mr Anand told Tribune Business ldquoWersquove had an encouraging few months from a sales perspective and had about eight sales in the last few months which is pretty awesomerdquo

The Albany managing partner added that provided 2009 finished smoothly the developers would look to roll into Phase II - sale and construction of the marina residences ndash in early 2010 If sales went as planned construction work was likely

to start in early summer 2010 - around the time when Phase I was set to have its soft opening The first part of Phase II Mr Anand said was likely to involve an investment worth $125 million to $150 million He explained that the developers might ldquoreleaserdquo the marina residences in phases of 25 to 30 properties at a time selling some as construction was ongo-ing to enable them to move into the next phase

When asked how Albany had been able to keep going when most other Ba-hamas-based and Caribbean development projects of a similar nature had ground to a halt Mr Anand replied ldquoItrsquos really the strength of the initial buyers and most importantly our shareholders Theyrsquore serious people and theyrsquore committed to this Thatrsquos been hugely important Wersquove got a group of partners that when the going gets tough the tough get go-ingrdquo

Pointing to the numerous stalled in-vestment projects Mr Anand added ldquoWe continue to benefit from the uncertainty and unsettling developments around the Caribbean Just about every other project in the Caribbean has been shelved and thatrsquos

For more information on Albany Pleasecontact188890970014079095936orinfoalbanybahamascom

Reprint from The Tribune August 4 2009

AlbanyMarinaJuly2009

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 38: Albany Media Features

ALBANYALBANY

Links Magazine Switching Off- SeptemberOctober 2008

COVER

PAGE 1 OF 1

EVERYONE OBVIOUSLY HAS HIS OR HER PERSONAL VIEWS ON traveling and taking vacations I once read a quote from Orson Welles who Irsquom guessing wasnrsquot a fan at least of flying There are only two emotions in a planerdquo he said ldquoboredome and terrorrdquo Trouble is not flying certainly limits your travel options I couldnrsquot have a more different view I think Irsquom a born traveler which is just as well As a professional golfer my commute to work is a little longer than most other jobs I have been able to walk to work during tournaments at Wentworth but that had been only two weeks a year for the BMW PGA Championship and the HSBC World Matchplay In the other 50 weeks I will clock probably around 70000 miles Admittedly with a private jet itrsquos more doable than flying com-mercial but thatrsquos still a lot of time in the air But as much as I travel I still love to take family vacations OK there may be times when the perfect vacation is just shutting the gates to my house and switching off my cell phone for a couple of days But other times itrsquos great to travel somewhere nice with the family Like most other people we have our favorite spots We all love our house overlooking the ocean at Heroldrsquos Bay down on the Western Cape in South Africa and we always spend time there at the end of the year But being South African I think it would be a stretch to call that a holiday destination More like a home away from home really The Bahamas is probably at the time of our list of other places to go We often stay at the lovely Albany House in New Providence Island It has a list of accolades as long as my driver and you only have to spend time them to see why Irsquove stayed in some beautiful places around the world and I would say this is my top five You can get a little taste of Albany House by watching the most recent James Bond movie Casino Royale in which Daniel Craig as 007 checks into one of the resortrsquos beautiful oceanfront villas It really is a special place The best part now is that I have an added excuse to go as wersquore designing a golf course there Albany Golf amp Beach Club a joint development with Tiger Woods and Joe Lewisrsquo Tavistock Group Although Tiger is now in the design

business Enrie Els Design has sole responsi-biltiy for the golf course Itrsquos going to be incredible Just think of the best of island life with world-class resort facilities and yoursquoll not be far off Itrsquos cer-tainly one of the most exciting projects we have on our books Anyway back to the business of vaca-tions Another of my favorite locations is southern Europe Ever since we met my wife Liezl and I had wanted to spend some time island hopping in the Mediterranean I had played a bit of golf in that part of the world during my early years on the European Tour but I never had time to enjoy my time in the area In the end we wanted to wait until our children were old enough to enjoy that kind of trip with us So finally in 2005 we char-tered a boat and spent 10 days cruising with friends around the Med We visited Capri the Amalfi coast-line spent a day at Pompeii and saw all the other amazing locations in the area The scenery combined with great food family and friends made for a fantastic trip Therersquos something about being on a boat away from the crowds that is incredibly re-laxing Itrsquos just so peaceful and I donrsquot care what your job is we all need to switch off from time to time Thatrsquos what vacations are all about Even Orson Welles surely would have had to agree with that

Switching OffAs many miles as he logs to play in tournaments around the world

the author still looks forward to unplugging and getting away for family vacations

After playing in tournaments around the world Els likes to get away at

Albany House in the Bahamas

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 39: Albany Media Features

36

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y

Page 40: Albany Media Features

ALBANY

For more information on Albany please contactinfoalbanybahamascom

188890970014079095936

Tavistock Group Tiger Woods and Ernie Els have partnered to develop a luxury resort community on the island of New Providence in The Bahamas Called Albany this 565-acre oceanfront community conveniently located just seven minutes and five miles from Nassaursquos international airport will feature a luxury boutique hotel an array of residential offerings and amenities for all members of the family including a beach club state-of-the-art spa and fitness center family water park equestrian center and an 18-hole championship golf course designed by Ernie Els

For information about Albany please visit wwwalbanybahamascom

bull 2010 grand opening

bull Luxury resort community spanning 565 seaside acres

bull Located on New Providence Island in The Bahamas

bull Seven minutes and five miles from Nassaursquos international

airport

bull Albany is a partnership between Tavistock Group Tiger

Woods and Ernie Els

bull Master planned by Duany Plater-Zyberk amp Company

bull Luxury boutique hotel comprising a selection of beach-

front oceanview and beach club cottages

bull Approximately 350 residential homes will be in completed

community ranging from beachfront beachwalk and golf

course custom homes equestrian ranchettes and luxuri-

ous marina residences

bull Lots start at $15 million and finished residences start at

$4 million (US dollar)

bull Ernie Els-designed 18-hole championship golf course

measuring 7400 yards

bull First-class golf practice facilities including driving range

and short game area

bull Golf clubhouse includes bar and grill pro shop and private

corporate meeting and boardroom facilities

bull Beach Club to feature elegant dining room with seaside

views second-floor lounge and a nearby family restaurant

bull Kidsrsquo clubhouse (The Conch House) with activity centers

based on age group and appointment-based child care

bull Family water park in garden setting with pools slides

grottos and waterfalls

bull Adult pool and bar with private cabanas

bull Mega-yacht marina with 71 slips ranging from 50 to 240

feet with leading edge support services and utilities

bull Expansive fitness center with lap pool boxing ring yoga

and Pilates

bull Full-service spa with salon and exquisite individual

treatment pavilions

bull Lighted Har-Tru tennis courts and indoor padel tennis

facility

bull 15-acre equestrian center

bull 24-hour state-of-the-art security

A M E N I T I E S

A B O U T A L B A N Y