The $500-million development of Grenada’s Port Louis into a mecca for megayachts just got a shot in the arm from Camper & Nicholsons Marina Investments (CNMI). CNMI, which acquires, develops, and operates both new and existing marinas on both sides of the Atlantic Ocean, recently obtained the rights to continue developing Port Louis and manage its operation.
The plans call for 300 to 350 berths, including space for yachts up to 100 meters (328 feet), in this corner of the island nicknamed the “Spice Isle.” Part of the marina is already open and has welcomed yachts such as Maltese Falcon and Reverie. Peter de Savary, Port Louis’ chairman and founder and a yacht owner himself, has had his Savvy on location as well.
Once completed, Port Louis will also include a waterfront village containing duty-free shops, bars and cafes, a spa, hotels, and various residential dwellings. Port Louis Trading will retain responsibility for developing these aspects of the project, though it will jointly market the marina with CNMI. Both teams believe the facilities outlined above, in combination with the beauty of the mountains and rainforests and the attraction of the waterfront capital St. Georges, will draw yacht owners.
“Port Louis is a complex, comprehensive, and diversified project,” de Savary says. “We have created an opportunity which has brought, and will continue to bring, increasing benefits to Grenada.”