The Tribune

By NEIL HARTNELL

Tribune Business Editor

nhartnell@tribunemedia.net

Hurricane Hole’s developer has been hired to manage a $200m resort and marina project on Harbour Island with effect from January 2024.

4M Harbour Island, in a statement, confirmed it has engaged Sterling Global Advisors as development manager for its Briland Club Residences and Marina project. Sterling Global Advisors is a subsidiary of Sterling Global Financial, which has redeveloped the Hurricane Hole property on Paradise Island, and is undertaking another resort project on Montage Cay in Abaco.

Michael Wiener, speaking on behalf of 4M Harbour Island, the Briland Club owner, said: “We believe that this relationship will be extremely beneficial to our project and look forward to its continued success with Sterling Global Advisors’ assistance.”

Khaalis Rolle, Sterling Global Advisors president, added: “We are pleased to have been chosen to continue the successful development of one of the best development projects in The Bahamas.

“Briland Club has invested over $3m in generators and electrical service equipment, with a capacity of 3 Mega Watts (MW) of power. Moreover, it is capable of being self-sufficient for potable water with its own reverse osmosis water system.”

Briland Club Residences and Marina was said to be capable of providing 100 percent of the electricity and water services required for the development, while enjoying a marina and frontage on the Pink Sand Beach. Sterling Global Advisors’ official engagement will begin in January 2024, aligning with the strategic timeline for the Briland Club Residences and Marina.