Over the last 15 years, the owners have invested and continue to invest in the growth and success of the business. Nanny Cay is now a popular and well-recognized marina attracting local, regional and international events, sailors and tourists.
The marina has been running at full capacity for the last five years and in anticipation of this, the owners of Nanny Cay commenced a plan to expand the marina and resort in 2009. In May 2014, the ‘2014 Master Plan’ was approved by the BVI Planning Authority.
The 6.5-acre Outer Marina peninsula is 190-240 feet wide at sea level (and 230-280 feet wide on the seabed). A 7-feet thick revetment comprised of large diameter armor rock on a 2:1 slope forms the southern, seaside, of the peninsula. This revetment rises 6-feet above sea level.
The basement of the residential buildings will be parking. The first floor residential unit will be 14 feet above sea.
Having additional boats in the BVI translates to more tourists, more yacht service and yacht maintenance business, more tourist related business, and more exposure to the BVI as a holiday destination and a retirement option. More than 100 marine related new jobs are forecast as a direct result of the increased marina capacity and resultant growth to BVI yacht service and maintenance businesses.
Construction jobs and local business related to home construction, maintenance and services will also increase with the planned residential expansion. All construction is expected to sourced through local contractors.