Frequently
Asked Questions
About Ginn sur Mer
How
large is Ginn sur Mer?
Ginn
sur Mer will span 2,000 acres and will include six
miles of oceanfront land.
How large is Ginn sur Mer
in dollars?
The
developer, Ginn Clubs & Resorts, estimates that
it will be a $4.9 billion development.
What
was the inspiration for Ginn sur Mer?
The
design inspiration for Ginn sur Mer was the Palace
of Versailles, the magnificent estate and gardens
built by France's King Louis XIV 14 miles outside
of Paris. As a matter of fact, originally the name
of the resort was going to be Versailles sur Mer,
but the developer realized that adding the well-respected
Ginn name would give "branding power"
to the resort.
Where is Ginn sur Mer located?
It
will be on the west end of Grand Bahama island,
most of it on land that is currently undeveloped.
Why was Grand Bahama chosen
for Ginn sur Mer?
There
are a number of reasons. Briefly, it's close proximity
to the U.S., its year-round tropical weather, its
magnificent beaches, the quantity of undeveloped
land available, the access to a port through which
could easily be brought building materials and cruise
ships bearing thousands of guests, and the encouragement
of the Bahamian government all made Grand Bahama
the optimum location for Ginn sur Mer.
How far is Grand Bahama
from the United States?
It's
only a 25-minute flight from Palm Beach, Florida
or about a three-hour boat ride. It is the closest
island to the U.S.
Who
is the developer of Ginn sur Mer?
The
developer is Ginn Clubs & Resorts, owned by
the Ginn Company. The company has a reputation as
one of North America's foremost developers and operators
of vacation destinations. It currently has over
30,000 acres in development and more than 3,000
employees.
In
2005 Ginn Company sold $2 billion in real estate
and is on track to substantially surpass that number
in 2006. By 2007, it expects to double its annual
sales. The firm is backed by the Adlers Group, a
respected and well-known financial institution in
the world of international business.
What are some of the other
developments that Ginn Clubs & Resorts has built?
Ginn
Company properties include:
-
Hammock Beach in Palm Coast, FL
-
Bella Collina in Orlando, FL
-
Reunion in Orlando, FL
-
Tesoro in Port St. Lucie, FL
-
Quail West in Naples, FL
-
Laurelmor in Boone, NC
-
Cobblestone Park in Blythewood, SC
Who heads the Ginn Company?
Bobby
Ginn presides over the Ginn Company. He has spent
over 30 years buildingresort communities and says
his core philosophy is to "under-promise and
over-deliver."
Ginn
sur Mer is Bobby Ginn's dream. He says his inspiration
is the Palace of Versailles in Paris, France, and
his vision is to create a community that encompasses
every possible amenity, luxury and activity imaginable.
He
believes it will become not only the most distinguished
Ginn resort but also the resort community by which
all other vacation destinations around the world will
be judged.
What makes Ginn resorts unique?
Ginn
has a unique formula for creating resorts. The company
designs its resorts to operate
like exclusive clubs. Its strategy is to purchase
raw land, develop it into a five-star quality resort
community, and then manage it once it is up and running.
This
is the company's stated strategy for Ginn sur Mer.
Ginn Clubs & Resorts will not only command the
10-year build-out of the resort; it will remain integrally
involved in every aspect of the resort's on-going
operations.
What amenities will Ginn sur
Mer have?
This
will be a truly amazing resort. It will have every
amenity you can imagine. Briefly, here's a list, but
it really doesn't do justice to the resort as each
one of these amenities really deserves an entire write-up:
-
Arnold Palmer-designed golf course
-
Jack Nicklaus-designed golf course
-
Grand canal with water taxis and gondolas
-
55,000
sq. ft. casino
-
Mega-yacht marina
-
Private airport
-
Full-service spa
-
Fitness center
-
Championship tennis facility
-
Equestrian facility
-
Designer stores & boutiques
-
Fine-dining restaurants
-
Extensive convention & meeting space
-
Two multi-acre water parks
-
Numerous and varied pools
-
Exclusive beach clubs
-
Kids' club
-
Five-star concierge service
Can you describe the plans
for the Ginn sur Mer golf courses?
Ginn
sur Mer will have two
golf courses, one designed by Arnold Palmer and one
designed by Jack Nicklaus. They will be oceanfront
courses and will cost an estimated $75 million to
build which, when you consider that the average cost
to develop a high-end golf course is approximately
$10 million, will ensure that these courses will not
only be the best in the Caribbean but certainly among
the best in the world.
These
two courses will meet at a grand clubhouse offering
amenities and services, such as fine dining, gracious
locker rooms and spa services. In addition, there
will be driving ranges, state-of-the-art training
facilities and dedicated professionals to offer hands-on
instruction.
Does Ginn Clubs and Resorts
have experience building golf courses?
It
has extensive experience in this arena. Its Reunion
Resort in Orlando, Florida has three
signature courses respectively designed by Jack Nicklaus,
Arnold Palmer and Tom Watson. Reunion Resort is also
the site of the LPGA's largest purse tournament.
Ginn's
resort at Hammock Beach in Palm Coast, Florida has
Jack Nicklaus and Tom Watson signature courses and
recently was awarded the Champions Tour for the next
five years. The company also has experience building
golf courses on islands, as exemplified by its Mahogany
Run golf course in St. Thomas.
Will
there be any shopping venues at Ginn sur Mer?
Along
the yacht marina will be a pedestrian walkway that
will have a variety of restaurants, many with outdoor
seating, along with numerous upscale designer shops
and boutiques. Shopping and just watching the boats
come in while sipping on a glass of
white wine are likely to become favorite pastimes
at the resort.
Will Ginn sur Mer have a spa?
Apollo's
Spa will offer a full array of all the latest treatments
and therapies. Guests can be pampered and indulged
in five-star style. A part of Apollo's Spa will be
a state-of-the-art wellness and fitness center.
Will there be anything special
for children?
In
addition to the water parks and various pools, there
will be a full range of activities for children of
all ages as well as for families to enjoy together.
An island kids' camp will offer such activities as
swimming with tropical fish and dolphins along with
snorkeling scavenger hunt. Kids will also be able
to ride on horseback through the surf and learn to
scuba dive.
Describe the Grand Canal.
The
Grand Canal will serve as the main travel source throughout
the resort. Much like Italy's Venice, water taxis
and gondolas will whisk guests to the restaurants,
shops and their accommodations.
In
addition to being functional and minimizing road traffic,
it will be one of the most unique and attractive features
of the resort. A latticework of canals will wind throughout
the entire property past the major buildings, gardens,
fountains, pools and homes.
Construction
on the canal system will begin in 2006 and take approximately
two years and $100 million to complete.
What is the time frame for
Ginn sur Mer's construction?
Plans
for Versailles sur Mer have been in the works for
several years. In summer 2006 the blueprints were
officially approved by the Bahamian government and
work was initiated. Clearing of the land began in
July 2006.
Ginn
Clubs & Resorts expects the entire project to
take approximately 10 years to complete, although
owners and guests will be able to begin enjoying the
resort in approximately two to three years. The infrastructure
of Ginn sur Mer, including the Grand Canal, will take
approximately two years to be built. Among the first
amenities built will be the golf courses.
How does the Bahamian government
feel about Ginn sur Mer?
No
project of the magnitude of Versailles sur Mer can
be undertaken without the support of the host nation's
government. Ginn Clubs & Resorts worked closely
with Perry G. Christie, Prime Minister of The Bahamas
and Bahamian officials to ensure their enthusiastic
backing of the project's plans.
Over
a 20-year life, it is estimated the project will inject
over $4 billion into the Bahamian economy. It is also
projected that during construction over 3,700 persons
will be employed and upon completion of the project
over 4,000 new jobs will be created.
What about potential hurricanes
in the tropics? Is that a concern?
Ginn
sur Mer will be built to the strictest hurricane codes
in the world. In addition, as the Ginn sur Mer Grand
Canal is built, the fill generated will be used to
raise up the resort's land to 10.5 feet above sea
level.
In
the past 100 years the largest storm surge to occur
was only 10 feet. Over $80 million will be spent just
to clear and prepare the land. Much of that preparation
has to do with ensuring that the resort is built to
safely weather any potential hurricanes.
Does Grand Bahama have an
airport?
Yes.
It has an international airport which was just improved
at a cost of $50 million, making it the gold standard
of Caribbean airports and the largest privately owned
airport in the world. It is serviced by many airlines
including Air Tran, American Eagle, Bahamas Air, Gulfstream/Continental,
U.S. Airways, and Western Air.
How far is it from the airport
to Ginn sur Mer?
Currently,
it is a 45-minute drive. However, Ginn Clubs &
Resorts is building a private access road that will
cut the drive down to 20 minutes.
Can private aircraft land
at the Grand Bahama airport?
They
can. However, if you're a Ginn sur Mer homeowner,
you'll be able to land your plane at Ginn sur Mer's
private airport. With a 5,500 ft. runway, it will
be able to accommodate charter planes and private
aircraft. It will also have its own custom's office
open 24-7. Resort owners will be able to secure their
planes in one of several convenient tie-down areas
on the grounds of Ginn sur Mer.
Can boats dock at Ginn sur
Mer?
Absolutely.
Ginn sur Mer is destined to become a boater's haven.
The resort will have two marinas. One of them will
be the largest in the Caribbean, able to accommodate
everything from 23 foot boats to 250 foot super yachts.
In
addition, many of the homes at Ginn sur Mer will be
on the water and have deep water docks with 60 foot
boat slips, allowing owners to practically drive their
boats right to their own back door.
What ownership opportunities
are available at Ginn sur Mer?
Ginn
sur Mer will have approximately 1,800 single-family
home sites, some oceanfront, some ocean view, some
on golf courses and some with deep water docks and
60 foot boat slips. It is expected that most will
be purchased as vacation or second homes, not as primary
residences. Home sites can be reserved today, and
already several hundred sites have already been spoken
for.
Ginn
sur Mer will also have approximately 400 cottages.
The first phase is currently under development and
includes 190 cottages. These ultra-luxurious, single-family
homes will be located in the resort core of Ginn sur
Mer near restaurants, shopping, the casino, waterparks,
and nightclubs.
Each cottage will have a private pool and will be
delivered fully furnished. They'll offer views of
the ocean, canal and marina.
Prices
for these cottages range from $900,000 to $1.9 million
with an average price of $1.5 million. Ginn can help
arrange 70% financing for buyers. Reservations are
currently being accepted. Cottage information and
reservation forms available upon request.
Finally,
there will also be 4,400 luxurious condo hotel units.
The bulk of these units will be located in the Grand
Palace, near the "amenity core" where the
casino, large beach club, marina and restaurants will
be located. Other condo hotel buildings ranging from
four to 20 stories will be located throughout the
resort.
The
condo hotel units will be individually owned but eligible
to be placed in the hotel's nightly rental program.
Owners will receive a percentage of the revenue their
unit generates when rented.
The
Ginn sur Mer condo hotel units will be available in
2009. If you would like your name added to an
interest list, just e-mail us your full name/address/phone
and we'll contact you as soon as they become available
so that you can reserve a unit when prices are at
first-tier levels and selection is greatest.
If I am interested in exploring
the purchase of a home, cottage or condo hotel unit
at Ginn sur Mer, what's the next step?
The
next step is to contact
us. We can put you in touch with our
on-site contact at Ginn sur Mer to discuss ownership
options.
Or,
if you first want to learn more about the resort,
provide us with your name, address and phone number.
We'll immediately send you our 17-page report which
will give you more background on the elaborate plans
for Ginn sur Mer.
The
report will also put you on a list to receive updates
as soon as more information becomes known. There is
no cost for the report and no obligation to buy. Your
information will not be sold or misused in any way
(we hate spam too!).
Provide
your name/address/phone number to receive the Ginn
sur Mer Report here.
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