On the final untouched stretch of Turks & Caicos’ most celebrated shoreline, Corinthia is planning a 50-suite hotel and branded residences, with a design inspired by the calm, shallow waters of the Caicos Banks…
Corinthia Group will develop an ultra-luxury hotel and branded residential project on Grace Bay in Turks & Caicos, in partnership with Carolina Partners Ltd. Announced on 23 September 2026, the project furthers the group’s international growth throcugh third-party management, strategic acquisitions, partnerships and development.
Set on the last undeveloped beachfront parcel on this stretch of Grace Bay, the project is being led by Corinthia Real Estate Ventures (C-REV), the group’s real estate investment and development arm, under Managing Partners Marcus Pisani and Alex Chazkel. The completed resort will be managed by Corinthia Hotels. The development will comprise a 50-suite Corinthia-branded hotel and a collection of fully serviced branded residences, including beachfront villas, casitas and condominiums.
Karen Cummings, a managing member of Carolina Partners Ltd, first visited Turks & Caicos more than 25 years ago and acquired the first parcel of land at that time, followed by additional parcels over the next 25 years. After speaking with many potential partners, she chose Corinthia for its culture, design standards and service, as well as its growing portfolio of five-star hotels and residences across Europe, North America and the Middle East.
Simon Naudi, CEO of Corinthia Group, said: “The Cummings family has held an extraordinary piece of Grace Bay for more than 25 years and we are delighted to be partnering with them to realise its potential. This project is another important step in Corinthia’s international growth, bringing together exceptional real estate, aligned capital partners, and our development and hotel management expertise.”
Marcus Pisani, Managing Partner of C-REV, added: “This partnership brings together the Cummings family’s deep connection to Turks & Caicos with C-REV’s development and investment capabilities. Grace Bay is a truly exceptional setting, and we look forward to creating a landmark project that reflects the quality of the site and the Corinthia brand.”
Alex Chazkel, Managing Partner of C-REV, said: “This is a rare opportunity to develop a world-class hotel and branded residential destination in one of the Caribbean’s most sought-after locations. We are excited to be working with the Cummings family and to be launching this as the first in a series of high-profile projects that C-REV is bringing forward in North America. This project will be added to our existing portfolio of hotel and residence properties in Europe, North America and the Middle East. The portfolio is growing rapidly, with recently opened or announced projects in Malta, Italy (Rome, Lake Como and Tuscany), the Maldives, North America and the Middle East.”
Amenities will include a spa and wellness centre, multiple swimming pools, a beach club, signature restaurants, retail, padel courts and curated lifestyle experiences. The resort has been planned to make the most of its beachfront position, integrating architecture, landscape and the natural coastal environment.
The architectural vision draws inspiration from the calm, shallow waters of the Caicos Banks, with an emphasis on understated design, natural ventilation and a strong connection between indoor and outdoor living. The project is proceeding towards formal planning approval, with construction expected to begin in 2027.
Main image credit: Corinthia Group
