H O R I Z O N S

You got to check this out! Follow our own Peter Christie (Balamena 11) as he participates in the Nassau Cup 2010. This LIVE GPS tracking is awesome – you will be addicted. With Mr. Christie, is our own Dwayne Wallas. Please feel free to share messages of encouragement for them as they participate in this exciting Miami- Nassau Race.

http://www.trackleaders.com/nassau

Nassau Cup 2010 live tracker by trackleaders.com

Image courtesy Foster + Partners

Could Hong Kong’s new development plans support my traffic musing for developing downtown Nassau?

So often I sit in traffic heading from the Eastern End of the New Providence Island for over an hour.  This slow pace is perpetuated by the business community attempting to get to their place of employment, concomitant with the start of schools, via limited arterial vehicle access to downtown Nassau.  While an argument for public transportation, car pooling, biking, etc… can be made within this subject, as someone engaged in real estate, I ponder what opportunities lay in my field of expertise when this challenge is applied.  Like Hong Kong, we are an island and the land mass ends at some point.

What if some of these folks don’t need to be near the school anymore?  Are there heavy hitters in our vibrant island city that would enjoy waking up and walking to work?  What if after work they were able to play downtown? I suddenly have visions of dining, cinema/theater, grocery stores, banking, a cultural epicenter  and more swimming in my head.  I wax nationalistic and think of the improved experience for our downtown tourist visitors.

I pause and acknowledge my environmental conscious, keeping a watchful eye on the news from Dubai

http://www.nytimes.com/2010/10/28/business/energy-environment/28dubai.html?_r=3&nl=&emc=aua22

I am ever mindful of over development or development that does not consider the intrinsic needs of the land and its people.  Yet, could this be an opportunity that is good for all?  Much of our current prime Nassau real estate remains downtown in neglected conditions.  Could commercial and residential combine to create a revitalized area whose benefits extend these areas?

Is the Capital City of Nassau a prime opportunity for the right investors to create a mirror project, on a smaller scale, such as the one being under taken in Hong Kong?  Hmmmm….. this musing is making more sense everyday  – honk, honk…