18 Dec 2023
Davis Family Office, Ltd. completes its first internal development project - Ivory Plaza at Yamacraw Hill Road.
Nassau, The Bahamas (18 December 2023) Davis Family Office, Ltd. (‘DFO’ or ‘the Company’) is pleased to announce that its latest real estate development project, Ivory Plaza at Yamacraw Hill Road, has achieved substantial completion and full occupancy. Having launched this project with preliminary ground work in January 2023 and later re-engaging in March 2023 for full construction, this achievement is reflective of the Company’s zealous and efficient approach to project execution.
Located on Yamacraw Hill Road, just east of Saint Andrew’s International School, Ivory Plaza at Yamacraw Hill Road establishes a 5,775 square feet commercial hub in southeastern New Providence and welcomes a distinguished group of businesses across the complex’s eight storefront units. The occupants, which include an ice cream and dessert parlor, luxury spa, health deli, chocolate manufacturer and novelty boutique, have commenced interior build-outs and are expected to open to the public in Spring 2024.
“Ivory Plaza at Yamacraw Hill Road is a milestone project for our company, representing our first in-house development,” said Thavon T. Davis, the Company’s President and CEO. “DFO was conceptualized from the belief that the Family’s spirited approach to project development would grant us an ‘unfair advantage’, enabling us to outperform market standards across all relevant measures of success. While this project posed challenges, leading to delays, our experience has confirmed the validity of this belief and has imparted valuable lessons that will inform our approach to upcoming projects.”
Davis Family Office is a leading, local real estate developer and property manager led and supported by a team of partners and professionals with 40+ years of combined experience. The Company has over 70 residential, commercial and co-working units under management and is aggressively growing its portfolio of assets with an immediate focus on commercial developments.
“We extend our gratitude to all project stakeholders, including the Family, our team, contractors and partners, and to the community, for their invaluable support throughout the development process,” Davis continued. “We offer special recognition to our development partner, Davis Heavy Metal, and to our team at Davis Family Office. Their diligence and hard work over the past nine months has materialized our lofty vision.”
For more information about the Company, its developments and listings, visit www.davisfamilyoffice.ltd.