One of the great sporting treats in the Bahamas has changed hands. The Abaco Club at Winding Bay has been sold by the Marriott Vacation Worldwide Corporation.
The all cash deal sees the property being acquired by Southworth Development, the international developer and manager of residential golf communities. Southworth did so with a consortium of members and residents of The Abaco Club.
Originally developed by English entrepreneur Peter de Savary, The Abaco Club opened in December 2004.
Marriott came into the picture in 2008 when one of their affiliate companies bought the property and then had it managed by The Ritz Carlton. This is the second community managed by Ritz Carlton that has been snapped up by Southworth. They also bought Creighton Farms in Virginia in 2009.
The Abaco Club is a comprehensive facility – it includes private residences, a white sand beach over three kilometres long, the ocean-side golf course and numerous other sports amenities.
The Right Honourable Perry Christie, Prime Minister of The Bahamas, said: “We welcome Southworth Development’s involvement in The Abaco Club on Winding Bay and look forward to working with such a renowned group. Renewed interest and long-term investment in the property will benefit Great Abaco and The Bahamas in the form of increased home building, tourism and jobs. ”
According to Southworth they will embark on a multi-million dollar facelift of the property to begin right away. That includes a more up to date golf practice facility and a new marina.
“The Abaco Club has everything money can’t buy,” said David Southworth, President and CEO of Southworth Development. “It’s a gorgeous setting, with a well thought out master plan and a passionate membership. It’s a perfect complement to our existing properties and we look forward to taking this world-class facility to an even higher level.”
While private and meant to attract home ownership, the club also offers a home rental program for temporary use.
The golf course was designed by Tom Mackenzie and Donald Steel.