On Thursday July 9, construction started on the Nanny Cay marina expansion project. The new Outer Marina will have 120 slips suitable for yachts from 30-75 feet with T-heads and a bulkhead capable of berthing megayachts up to 160′ in length. A 6.5-acre outer marina peninsula and revetment will have 8 new condo blocks each with three 4-bed and four 3-bed condo units.
Construction of the peninsula and docks should be completed by February 2016. Nanny Cay plans to start construction on the first two outermost residential buildings on the peninsula in the Summer of 2016. The project was approved by the BVI Planning Authority in May 2014.
In addition to the marina facilities, the expansion will include: new and enhanced walk ways and recreational areas; a new restaurant, wellness center, gym, and social areas; an improved youth sailing center and facilities; improved resort areas and event facilities; new commercial retail and service space.
Nanny Cay is a full-service marina and boatyard with a hotel and residential areas. It was rescued from bankruptcy and purchased in 2000 by the current owners. 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. Currently, the marina and boatyard accommodate a total of 440 powerboats and sailing yachts – 180 in the marina, and 310 in storage including 70 catamarans. There is a boatyard with two boat lifts of 50 and 70 ton capacity. Nanny Cay has a 40-room hotel and two restaurants. It also has a chandlery, small supermarket, laundry facility, boutiques, coffee and ice cream shops, dive shop, hairdressers, gym, fresh water pool, and beach. Nanny Cay is also home to over 40 marine related businesses and other offices.
“The sun, sea, sand and wind together with its unique 60-plus islands are the BVI’s major export over which it has total control. As a country, efforts to attract additional visitors with additional amenities must be made – but with minimal environmental impact. Nanny Cay’s expansion offers the best solution to providing an accessible marina for megayachts in the BVI with the least environmental impact. This investment and development is a clear indication of our commitment to, and our faith in, the British Virgin Islands as a marine tourism destination,” said Cameron McColl, chairman of Nanny Cay.
The operations at Nanny Cay account for 400 jobs directly and indirectly. Nanny Cay employs 100 staff. Nanny Cay estimates that the completed outer marina and related amenities will create 100 new jobs.
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