Concord Summit Capital, LLC (Concord Summit) and Vista Development Ltd. have joined forces to bring to life a remarkable feat of architectural and artistic brilliance – the $165 million Andaz Hotel and Residences Turks & Caicos. This opulent project stands as a testament to the combined vision and expertise of these two entities, showcasing their commitment to creating an oasis of opulence and refinement.
The realization of The Andaz Hotel and Residences Turks & Caicos was made possible through an ingenious blend of financial instruments – a meticulously crafted fusion of a senior loan and preferred equity. Spearheading this financial endeavor on behalf of the borrowers was none other than Concord Summit Capital’s Managing Director, Tyler Beauregard. His adept leadership and financial acumen played a pivotal role in sourcing the final round of construction financing, setting the stage for the grandeur that was to come.
Distinguished as the first Andaz branded resort and residential property in the Caribbean, Andaz Turks & Caicos at Grace Bay is a true gem on the Caribbean coast. Nestled on the western edge of the illustrious Grace Bay Beach, this high-end development spans over 5.5 acres of coveted real estate. The resort is comprised of two iconic towers – a harmonious blend of 59 pure hotel rooms and 73 branded residences. This distinctive design not only redefines oceanfront luxury but also creates an exclusive haven where the sea’s embrace becomes an integral part of daily life.
One of the many enchanting aspects of Andaz Turks & Caicos is its proximity to Smith’s Reef. This proximity brings a genuine, intimate charm that is unparalleled. The development’s thoughtful placement next to this natural wonder invites residents and guests to experience the unspoiled beauty of the Caribbean in a way that is both authentic and captivating.
At the heart of this visionary project is Vista Development Ltd, a premier real estate development firm based in Turks & Caicos. Specializing in luxury resort and residential opportunities, Vista Development Ltd has demonstrated an unwavering commitment to crafting extraordinary living spaces that transcend expectations. With a portfolio spanning Turks & Caicos and the United States, they continue to set new standards for elegance and innovation.
As the sun sets over the shimmering waters of Grace Bay Beach, The Andaz Hotel and Residences Turks & Caicos stands as a beacon of extraordinary living. It’s a place where refined luxury meets untouched natural beauty, where architectural brilliance dances with the rhythm of the ocean. Andaz Turks & Caicos is more than a destination; it’s an invitation to experience life at its most exceptional.
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