Nassau, the Bahamian capital, is to benefit from one new marina and an upgraded facility as part of two recently announced resort projects worth $500m. Nassau is a major yachting centre in its own right, with a number of marina facilities.

Hurricane Hole marina, located on Paradise Island, will be upgraded as part of a $250m mixed-use project that will include new yachting services, office and retail space, residences, and F&B outlets. News of this development came in a Bahamian government announcement. The new resort will be named Sterling Hurricane Hole.

The development is described as part of a neighbourhood revitalisation plan that will make use of the latest technology and renewable energy. Work on the project will start early next year and will take around five to seven years to complete.

Hurricane Hole marina currently offers 90 berths of up to around 61m (200ft). Details of the upgrade have not yet been disclosed. The marina is located on the harbour-facing shore of Paradise Island within the Nassau port area, and adjacent to the Warwick Paradise Island resort and close to the Atlantis resort.

The completely new marina will be part of the construction of the $250m Margaritaville resort project located at The Pointe in Nassau. The Margaritaville brand is owned by musician Jimmy Buffett and the new mixed-use resort will be built on a six-acre site in the centre of Nassau. The new marina will offer 45 berths for yachts up to 46m (150ft).

The new resort is already in build and apart from the marina it will include a 150-room resort hotel, 150 ocean residences, F&B outlets, a water park, spa, retail shops and an entertainment centre. It is set to open in phases from mid-2019.