The Village At Grace Bay Providenciales Financial & Shopping District
Providenciales is Turks & Caicos cosmopolitan center with Grace Bay in the heart of the bustling economy, active with investor and tourism growth. Originally launched in 2004, ahead of its time, The Village At Grace Bay was designed to be part of the heart center with retail shops, restaurants, mixed use commercial and residential offerings creating a community environment in a central location for both residents and tourists alike. With the growth of Grace Bay in the past eight years providing the much needed addition of a wonderful array of retail, dining, spas and services, The Village At Grace Bay is now primed to fill the needs of the overflow of commercial and mixed use development. Located within this development are: the ever popular Palmyra Townhomes, a Restaurant, the offices of KPMG, Meridian Rugby Field, Turks & Caicos Museum and The Regent Palms Corporate Offices & Apartment Complex. All named roadways are currently in place along with utility services for future construction planning. The development also has built-in entrances with archways, signage and landscaping which are conveniently located on two major traffic routes at the east end off of Sandcastle Road and at the north side on Grace Bay Road. The Village At Grace Bay s sub-divided land is now offered for sale in three separate listings for new developers to revitalize to their own specifications. Strata By-Laws have been registered and in effect and can be transferred as well as development planning documents should the new owner be interested in re-establishing these original plans. 1. The bulk of the development: Block 60905 Parcels 159 to 165, 168 to 174, 176,178,181 MLS#1500080-43.84 Acres - $7,672,000 - Link to Comparables 2. At the north entrance on Grace Bay Road: Block 60905 Parcel 156 MLS#1500082-1.27 Acres - $571,500 - Link to Comparables 3. At the north entrance on Grace Bay Road: Block 60905 Parcels 185.186.187 MLS#1500081-4.96 Acres - $2,232,000 - Link to Comparables The Village At Grace Bay Providenciales Financial & Shopping District
The Bulk of the Development 43.84 Acres The bulk of the development within The Village At Grace Bay consists of the highlighted parcels above which are Block 60905 Lots 159 to 165, 168 to 174, 176, 178, 181 and total 43.84 acres. The existing complexes within are: Palmyra Townhomes located on Lot 157, a Restaurant on Lot 158, KPMG on Lot 166, Meridian Field on Lot 175, T&C Museum on Lots 177 & 179, and The Regent Palms Corporate Offices on Lot 180. Link to Comparables for this Bulk Development.
North Entrance - Block 60905 Lot 156 At the north entrance on Grace Bay Road, Block 60905 Lot 156 has three access points, Celebration Drive and Beechwood Street which are both connected to Grace Bay Road as well as Walnut Road. This attractive 1.27 acre corner lot, overlooking the Grace Bay Road roundabout, in a very desirable, high traffic location is ideally suited for retail/office space.
1.27 Acres The Village At Grace Bay is a subdivision with the named roadways all interconnected and the dual entrance located at the east side of the development. Neighbouring Palmyra Townhomes is located on Lot 157 and The Sands At Grace Bay along with public beach access is only one block away to the north via paved sidewalk. Link to Comparables for Lot 156.
North Entrance - Block 60905 Lots 185 to 187 At the north entrance on Grace Bay Road, Block 60905 Lots 185, 186 & 187 comprises 4.96 acres with prime road frontage on Celebration Drive. The Grace Bay Road access point provides high traffic from the through-way vehicle and pedestrian traffic to and from the resorts and the heart center of Grace Bay.
4.96 acres - offered at $2,232,000 At the south end of Lots 185, 186 and 187 is The Regent Palms Corporate Offices and Apartment Building along with The Turks & Caicos Museum. The Meridian Field is located around the corner on Buttercup Road. Link to Comparables for Lots 185 to 187.
Turks & Caicos Sotheby s International Realty Venture House, Grace Bay, Providenciales turksandcaicossir.com Richard Sankar, Director/Sales Exec. 649.231.6211 richard@tcsothebysrealty.com Donald Astwood, Sales Associate 649.432.8465 donald@tcsothebysrealty.com THE VILLAGE AT GRACE BAY MLS 1500080, 1500081, 1500082