Turks and Caicos Island in the Caribbean is a hotbed of luxury development with several significant projects launching in 2021 through 2023, including a US$25 million investment in the Grand Turk Cruise Center as cruise ships make their return in December 2021.
Compared to pre-pandemic statistics in 2019, the destination saw an increase of over 18% in June with 54,188 visitors; an increase of 19% in July increase with 56,022 visitors; and an increase of 15% in August with 41,734 visitors.
New accommodations will range from residential homes of up to six bedrooms, to resorts with two- three- and four- bedroom suites from the like of Ritz-Carlton, Grace Bay Resorts and Hyatt Hotel Corp.’s Andaz brand.
First out of the gate is the Ritz-Carlton, Turks & Caicos, which opened in June on Grace Bay Beach featuring 145 room with 23 suites, as well as five three-story penthouse suites. The resort has multiple culinary venues and an on-site casino.
Grace Bay Resorts will remain very active on the island, opening Rock House in the spring of 2022 on the cliffs of Providenciales’ secluded north shore with 42 private cottages. The same group is also going to start construction in June 2022 of The Bight House, which will feature boutique-style suites and amenities that include a 100-foot infinity pool and a European-style Beach Club. Grace Bay Resorts will also manage a residential resort and marina destination along the dunes of Long Bay Beach. South Bank Turks & Caicos residences will range from 1- to 6-bedrooms with ocean access and the option to own a private boat dock.
Opening in early 2023 on 5.5 oceanfront acres will be the Andaz Turks & Caicos Residences at Grace Bay with approximately 60 hotel rooms and suites, as well as 74 residences. The property is starting construction later this year and will represent the brand’s first resort and residential property in the Caribbean.
The Strand Turks & Caicos private residential resort community located along the southern shoreline of Providenciales will open in 2023. Guests and residents will be offered access to a collection of shared community amenities and unique programming including a Beach Club and marina access.
The Turks and Caicos Islands Government is investing in the improvement of the Cruise Port and infrastructure in Grand Turk through a development agreement with Carnival Corp. representing US$25 million. Funds will be used to create a vendor’s market, as well as a floating dock for the water sports operators Grants of up to US$1 million will be available for water sports and golf card operators, as well as beach vendors and wedding planners.
