Bahamas condo developers compete with South Florida

Miami /
Mar.March 31, 2014 09:45 AM

Luxury condo developers in the Bahamas are trying to attract buyers who would normally look for vacation homes in South Florida.

One of those projects, the Honeycomb building at the Albany resort on the south coast of New Providence Island, is borrowing from some of its South Florida counterparts by hiring a starchitect to come up with a cutting-edge design and generate buzz. Danish starchitect Bjarke Ingels collaborated with HKS and Michael Diggiss & Associates to design the eight-story Honeycomb, the Miami Herald reported. Honeycomb’s 34 apartments range from 3,000 to 8,000 square feet and include individual swimming pools.

Honeycomb is 30 percent sold following a mid-January launch. Unit prices range from $1,000 per square foot to more than $2,500.

“There is an element of competition between the Bahamas and Florida for non-Floridian buyers,” Albany managing partner Christopher Anand told the Herald. [Miami Herald]Eric Kalis


Related Articles

arrow_forward_ios
Notre-Dame fire calls attention to other historic properties that could be in jeopardy
Notre-Dame fire calls attention to other historic properties that could be in jeopardy
Notre-Dame fire calls attention to other historic properties that could be in jeopardy
Meet the designers attending Future City 2019
Meet the designers attending Future City 2019
Meet the designers attending Future City 2019
Make sure it’s “well lit for ambiance and seduction”: Nouvel lawsuit against JDS highlights developer’s demands
Make sure it’s “well lit for ambiance and seduction”: Nouvel lawsuit against JDS highlights developer’s demands
Make sure it’s “well lit for ambiance and seduction”: Nouvel lawsuit against JDS highlights developer’s demands
TRD SoFla’s winter issue is coming soon!
TRD SoFla’s winter issue is coming soon!
TRD SoFla’s winter issue is coming soon!
TRD South Florida’s winter issue is coming soon!
TRD South Florida’s winter issue is coming soon!
TRD South Florida’s winter issue is coming soon!
Seven months after sexual misconduct allegations, Richard Meier steps down
Seven months after sexual misconduct allegations, Richard Meier steps down
Seven months after sexual misconduct allegations, Richard Meier steps down
Bjarke Ingels teams up with 1111 Lincoln Road developer on Allapattah complex
Bjarke Ingels teams up with 1111 Lincoln Road developer on Allapattah complex
Bjarke Ingels teams up with 1111 Lincoln Road developer on Allapattah complex
Oppenheim Architecture’s “Spirit of Place” explores new terrain for design
Oppenheim Architecture’s “Spirit of Place” explores new terrain for design
Oppenheim Architecture’s “Spirit of Place” explores new terrain for design
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...