Marina development for luxury Caribbean resort

Altamer Resort, renowned as one of the world’s most luxurious villa resorts, held a ground breaking ceremony today at the resort to announce a joint venture partnership with Island Global Yachting (IGY).

The five star mega-yacht marina and real estate development will comprise of a luxury resort hotel, retail and residential components and will be the first marina facility on the island. The megayacht marina is scheduled to open the 4th quarter of 2009.

The Altamer Resort & Marina project expands on the vision of owners Rebecca and Michael Eggleton to develop a product that would appeal to the upper end of the tourism market.

The partnership with Island Global Yachting (IGY) will develop the island’s first luxury megayacht marina facility capable of accommodating boats and yachts up to 300 feet and will be an official port of entry to the island. The development will feature a 101-slip marina of which a significant portion of the berths will accommodate megayachts, as well as 740,000 square feet of upland space which is currently slated for a 164-unit luxury resort.

The ceremony was attended by Anguilla dignitaries and featured addresses by the island’s Chief Minister Osborne B. Fleming, Minister of Finance the Hon. Victor Banks, Andrew Farkas, CEO of IGY, and the resort’s president Rebecca Eggleton.

“When we decided we wanted a marina facility to be the focus of our new development, we researched the marina business and one name stood out as the premiere developer of megayacht facilities. Island Global Yachting (IGY) was receptive from the outset to a joint venture and this ground breaking celebration marks the end of months of planning and the beginning of construction of the Caribbean’s most exciting resort and marina developments”.

Altamer Resort is a private five star villa resort located on the exclusive Caribbean island of Anguilla and is situated on the white sands of beautiful Shoal Bay West. The four-storey luxury beachfront villas offer the perfect combination of a private museum residence within an exclusive modern resort.

Anguilla is accessible from United States via Puerto Rico and via St Maarten with sea or regional air transfers to Anguilla. Access is available from Europe via Antigua and by sea and air through St. Maarten. Wallblake Airport also offers a private jet facility to accommodate visitors travelling independently of the island’s scheduled carriers.

For more information, visit Altamer.com.