Adderleys, Long Island, Bahamas Commercial Real Estate 1 Listing

Adderleys, Long Island, Bahamas: A Premier Destination for Commercial Real Estate

Introduction

Adderleys, located on Long Island in the Bahamas, is emerging as a significant hub for commercial real estate (CRE) investors. Known for its picturesque landscapes, this city offers a unique blend of economic potential and strategic location advantages. With a growing economy centered around tourism and marine industries, Adderleys presents ample opportunities for CRE development, particularly in hospitality, retail, and industrial sectors.

Economic and Industry Overview

Adderleys' economy is primarily driven by tourism, fishing, and agriculture, creating a robust demand for various commercial property types. The tourism sector's expansion has led to increased interest in retail and hospitality spaces. Meanwhile, the fishing and marine industries bolster the demand for industrial properties, including warehouses and processing facilities. Economic development initiatives by the Bahamas Investment Authority aim to attract foreign investment and enhance infrastructure, further driving CRE growth.

Strategic Location and Transportation Infrastructure

Adderleys is strategically positioned with access to major transportation infrastructure. The city is served by several regional airports, including the Deadman's Cay Airport, providing direct connectivity to Nassau and other major Bahamian islands. The proximity to major seaports facilitates efficient shipping and logistics operations. For more on transportation infrastructure, visit the Bahamas Department of Transportation.

Commercial Real Estate Inventory & Zoning

Adderleys offers diverse CRE submarkets, including bustling retail corridors and emerging industrial zones. The city’s central business district (CBD) is a focal point for office and retail developments. Recent zoning changes promote mixed-use and sustainable developments, offering incentives for green building practices. For detailed zoning maps, refer to the City of Adderleys Planning Department.

Major Employers and Institutions

Key employers in Adderleys include tourism operators, marine export companies, and government institutions. The presence of local government offices and educational institutions like the University of the Bahamas' outreach programs contributes to the demand for office and multifamily properties. Explore more about local businesses through the Bahamas Chamber of Commerce.

Notable Commercial Developments & Projects

Significant projects in Adderleys include the development of mixed-use waterfront properties and eco-friendly resorts. Public-private partnerships are fostering growth in these areas, with initiatives to establish Opportunity Zones to attract further investment. For more information on these developments, visit the Bahamas Investment Authority.

Building Permits, Planning, and Development Tools

For developers, accessing building permits and planning tools is streamlined through the Bahamas Building and Safety Department. Utilize the Permitting Portal and Parcel Map Viewer to facilitate your development projects.

Market Data & Economic Reports

Leverage publicly available data sets from sources like Census.gov and the city's open data portal for insights into Adderleys' economic landscape. Brevitas utilizes AI-powered aggregation from these public data sources and internal insights to offer comprehensive market analyses. Explore our Brevitas City Dashboard for detailed market data specific to Adderleys.

Why Use Brevitas for Adderleys, Long Island, Bahamas CRE?

Brevitas offers an AI-driven platform for CRE discovery in Adderleys, providing real-time market alerts, smart property pages, and dealroom collaboration. Our unique features include: