Alice Town, Bimini: A Premier Destination for Commercial Real Estate

Introduction

Alice Town, located on the island of Bimini in the Bahamas, is emerging as a dynamic hub for commercial real estate (CRE). Known for its strategic positioning near the southeastern coast of Florida, Alice Town offers unique opportunities for investors and developers. The town's economy is predominantly driven by tourism and maritime industries, with potential growth in logistics and hospitality sectors. Its proximity to major U.S. markets and favorable tax environment make it an attractive destination for CRE investments.

Economic and Industry Overview

Alice Town's economy is heavily influenced by its tourism and maritime sectors. The booming tourism industry, characterized by luxury resorts and vibrant nightlife, drives demand for hospitality and retail real estate. The maritime industry, including fishing and boating, creates a need for industrial and commercial space to support operations. Regional economic initiatives aim to diversify the economy, potentially increasing demand for office and mixed-use properties.

• Major Industries: Tourism, Maritime, Hospitality
• Economic Development Initiatives: Bahamas Investment Authority initiatives to promote sustainable development and economic diversification.

Strategic Location and Transportation Infrastructure

Alice Town's strategic location offers significant logistical advantages:

• Proximity: Located just 50 miles east of Miami, Florida.
• Transportation Infrastructure:
  • Airports: South Bimini Airport, providing direct flights to Florida.
  • Ports: Proximity to Port of Miami and Freeport, enhancing maritime trade.

These features provide excellent distribution channels and access to a skilled labor pool, making Alice Town a favorable location for commercial endeavors.

Commercial Real Estate Inventory & Zoning

Alice Town's CRE landscape features diverse submarkets and asset classes:

• Submarkets: Central Business District (CBD), along with potential development in coastal corridors.
• Key Asset Classes: Hospitality, Retail, Industrial, Mixed-Use.
• Zoning Information: Recent zoning changes support mixed-use developments along the waterfront, fostering urban revitalization.

For detailed zoning maps and parcel information, visit the Bimini District Zoning Maps.

Major Employers and Institutions

Alice Town's economic landscape is supported by key employers and institutions, including:

• Top Employers: Luxury resorts, maritime companies, and retail chains.
• Institutions: Government offices and the Bimini Biological Field Station.

Explore the Bahamas Chamber of Commerce for more business insights.

Notable Commercial Developments & Projects

Alice Town hosts several large-scale development projects:

• Key Developments: Mixed-use waterfront projects and eco-friendly resorts.
• Public-Private Partnerships: Initiatives to enhance infrastructure and tourism facilities.
• Opportunity Zones: Areas designated to attract investment through tax incentives.

For more information, visit Bimini Planning Department.

Building Permits, Planning, and Development Tools

Alice Town provides a comprehensive suite of tools for developers:

• Building and Safety Department: Building and Safety Department
• Permitting Portals: Bahamas Permitting Portal
• Parcel Map Viewer / GIS: GIS Maps
• Development Code: Available for download here.

Market Data & Economic Reports

Access public data sets and reports for Alice Town's CRE market:

• Public Data Sets: Bahamas National Statistics
• Economic Reports: Available through Bahamian Government Reports.

Explore Brevitas-powered dashboards for Alice Town's CRE insights.

Why Use Brevitas for Alice Town, Bimini CRE?

Brevitas offers a unique platform for discovering CRE opportunities in Alice Town:

• AI-Driven Discovery: Uncover opportunities with precision.
• Real-Time Market Alerts: Stay informed with the latest market changes.
• Smart Property Pages & Dealroom Collaboration: Enhance property marketing and collaboration.

Unique Features

• Auto-Generated Listing Pages: Effortlessly create and share listings.
• Email and Landing Page Tools: Maximize exposure with integrated tools.
• Broker and Developer Integration: Seamlessly connect with industry professionals.
• Exclusive Listings and Premium Exposure: Gain access to exclusive opportunities.

For more information, visit Brevitas.