Torch Cay Development News Today

Exumians residents were briefed last week about four major luxury developments, with many eagerly awaiting their impact, according to Exuma Chamber of Commerce President Urban Smith. The four projects, Ki’ama, Cave Cay Club and Resort, Torch Cay and Sampson Cay, are collectively valued at just under $700 million. “The general population of Exuma really supports these investments

The developers of the $175 million Torch Cay project – PMR Bahamas Realty Limited and Torch Cay Development Limited – with the signing of a heads of agreement with government yesterday, were given the green light to begin the multi-year construction of what they hope will be the residential and touristic envy of the Exumas.