We have been quietly busy at The Strand getting ready for groundbreaking. The
entitlement process through COVID has been grueling but we are finally at the end
of the process and ready to start building. In that light we wanted to update you on
the progress:

~ Excavation of the Marina is underway and we will start building the road base
for paving Cooper Jack Road within the next week or two.
~ Water and Power has been brought to the site and distributed along Cooper
Jack Road and Seaview Drive. All of the transformers have been ordered.
~ Building permits for the Luxury and Grand Residences should be delivered
this week with earthwork and construction starting immediately thereafter.
~ Building permits for the Villas A and B buildings, the amenities and
infrastructure including the beach creation are expected by the end of the
year.
~ We have approximately $50 million under reservation and contract and land
sales will be starting within the next week. This is right where we wanted to be
for the start of construction, between 20% and 25% pre-sales on a dollar
value basis. Now that we are ready to start and have a strong handle on our
costs, we will be very aggressive selling through the upcoming season and
our current sales activity is the strongest it’s ever been.

Come and visit to see the progress firsthand. We always enjoy showing the property
so come on down and have a glass of wine on the sales deck or view the property
from the water on The Strand’s Boston Whaler!

Warm regards,
John Fair
Developer & Managing Director

The Strand Listing Information

Turks & Caicos Sotheby’s International Realty, Venture House, Grace Bay, Providenciales