Top Island Construction Projects to Watch This Year
1. The Bahamas – New Paradise Island Resort
Location: Nassau, Bahamas
Budget: $300 million
Projected Completion: Late 2023
The new Paradise Island Resort aims to redefine luxury with its extensive amenities and world-class architecture. Designed by a renowned architectural firm, the resort will feature over 500 rooms, infinity pools, and a private beach. The project emphasizes sustainability, incorporating solar panels and water reclamation systems. The construction will provide a significant boost to local employment, anticipating the creation of 1,500 jobs during its development and thereafter.
2. Fiji – Taveuni Island Eco-Resort
Location: Taveuni, Fiji
Budget: $50 million
Projected Completion: Mid-2023
This eco-resort is set to showcase Fiji’s natural beauty while offering high-end accommodations. Built using sustainable materials, the project will include over 100 bungalows, a spa, and guided eco-tours focusing on local culture and nature conservation. Importantly, it aims to minimize ecological footprints, with a robust plan for waste management and renewable energy sources.
3. Malta – Smart Island Initiative
Location: Valletta, Malta
Budget: €200 million ($220 million)
Projected Completion: End of 2023
The Smart Island Initiative is aimed at enhancing urban infrastructure through advanced technology and sustainability practices. This multi-phase project includes developing smart transportation systems, innovative waste management, and renewable energy stations. By integrating IoT capabilities, Malta aims to streamline communication and improve the quality of life for its residents and tourists.
4. Indonesia – Bali Mixed-Use Development
Location: Bali, Indonesia
Budget: $150 million
Projected Completion: Late 2023
Set in the heart of Bali, this mixed-use development will consist of luxury residences, commercial spaces, and facilities for international events. Emphasizing local architecture, the project intends to blend seamlessly with its surroundings while providing recreational areas. Environmental regulations will guide the construction, ensuring minimal disruption to the local ecosystem.
5. Hawaii – Oahu Rail Transit Project
Location: Oahu, Hawaii
Budget: $12 billion
Projected Completion: Year-end 2023
The Oahu Rail Transit Project is one of the most ambitious transportation projects in the state. Spanning 20 miles, the rail system aims to alleviate traffic congestion and reduce greenhouse gas emissions. With a network of trains connecting residential areas to commercial hubs, the project is pivotal for sustainable growth in one of the world’s most tourist-driven economies.
6. Seychelles – Anse Major Resort
Location: Seychelles
Budget: $90 million
Projected Completion: Early 2024
This luxury resort aims to enhance the eco-tourism sector in Seychelles. With eco-friendly designs and locally sourced materials, the resort will feature over 150 unique villas, a wellness center, and a marine conservation program. Educational programs for guests about the biodiversity of Seychelles will foster a deeper appreciation for local environments.
7. Greece – Santorini Multi-Use Development
Location: Santorini, Greece
Budget: €80 million ($88 million)
Projected Completion: Late 2023
This ambitious multi-use development will combine residential and commercial spaces while respecting Santorini’s iconic architecture. The project will consist of luxury villas, restaurants, and shops, designed to accommodate the high volume of tourists without diluting the local charm. Incorporating local materials and traditional designs, this project seeks a harmonious integration into the breathtaking island landscape.
8. Caribbean – Grand Bahama Island Marina Expansion
Location: Grand Bahama, Bahamas
Budget: $75 million
Projected Completion: Mid-2023
This marina expansion will accommodate larger vessels and promote marine tourism on the island. Incorporating sustainable practices, the project aims to support local fishermen and increase job opportunities in the tourism sector. Additional amenities will include rental businesses and recreational facilities, enhancing both local and visitor experiences in the area.
9. French Polynesia – Moorea Luxury Resort Project
Location: Moorea, French Polynesia
Budget: $100 million
Projected Completion: Early 2024
Planned as an all-inclusive luxury resort, this project will highlight Moorea’s idyllic landscapes. The design will include overwater bungalows that provide unparalleled views, integrating local aesthetics into modern comforts. The construction will emphasize minimal environmental impact, using eco-friendly techniques and sourcing materials locally, contributing to the economy and preserving the unique island culture.
10. Tonga – Island Infrastructure Development
Location: Tongatapu, Tonga
Budget: $65 million
Projected Completion: Late 2023
This infrastructure development project focuses on improving transportation and essential services across the island. Upgrades will include roads, public facilities, and airports to enhance connectivity and safety for both residents and visitors. This initiative is expected to stimulate economic growth and foster stronger community ties throughout Tonga.
11. British Virgin Islands – Commercial Hub Redevelopment
Location: Tortola, British Virgin Islands
Budget: $50 million
Projected Completion: Late 2023
This redevelopment project aims to rejuvenate the central business district of Tortola, including commercial spaces, recreational facilities, and cultural venues. The design seeks to foster community engagement and tourism while creating a vibrant atmosphere consistent with local aesthetics. Sustainable building practices will be prioritized throughout the development.
12. Indonesia – Gili Islands Dra.Wat Sustainable Village
Location: Gili Islands, Indonesia
Budget: $25 million
Projected Completion: Mid-2024
This sustainable village is poised to be a model for eco-friendly living. With a focus on renewable energy, community engagement, and preserving local cultures, the project aims to provide a supportive environment for both residents and visiting tourists. The design features communal spaces, eco-bungalows, and facilities dedicated to workshops on sustainability.
13. Maldives – Floating Villas Development
Location: Maldives
Budget: $150 million
Projected Completion: Late 2023
This innovative floating villa project aims to enhance Maldives’ luxury tourism without occupying valuable land. The villas will offer water sports activities, spas, and restaurants while focusing on sustainable practices to protect marine ecosystems. The project showcases cutting-edge technology in construction and environmental management, an essential aspect of preserving the Maldives as a premier tourist destination.
14. Australia – Great Barrier Reef Marine Infrastructure
Location: Queensland, Australia
Budget: $100 million
Projected Completion: Year-end 2023
This project focuses on developing marine infrastructure to support ecological tourism while ensuring the protection of the Great Barrier Reef. Planned enhancements include the establishment of eco-friendly tourism facilities, enhancing access to marine-specific experiences while promoting conservation efforts. This initiative is aimed at balancing tourism growth with environmental stewardship.
15. Portugal – Madeira Sustainable Tourism Village
Location: Madeira, Portugal
Budget: €40 million ($44 million)
Projected Completion: Late 2023
The Sustainable Tourism Village development in Madeira aims to marry modern amenities with traditional cultural experiences. It will feature local architecture, organic gardens, and farm-to-table dining experiences to enhance the island’s gastronomic scene. Sustainability will be a central tenet of the construction as projects aim to reduce carbon footprints and promote local craftspeople.
16. Canada – Vancouver Island Urban Development
Location: Vancouver Island, Canada
Budget: $500 million
Projected Completion: Late 2023
The Vancouver Island Urban Development is poised to address housing shortages while incorporating green spaces into the urban landscape. The project will encompass residential units, commercial properties, and public parks, fostering a community-friendly atmosphere. Furthermore, the development will advance sustainable architecture practices in its construction methodologies.
17. Mauritius – Belle Mare Eco-Resort
Location: Belle Mare, Mauritius
Budget: $70 million
Projected Completion: Early 2024
This eco-resort promises to elevate Mauritius’s position as a premium location for responsible tourism. With an emphasis on conservation and culture, the resort will offer educational programs, organic gardens, and local artisans’ markets. Accessibility for local communities is a significant emerging focus, ensuring the project extends its benefits to the surrounding region.
18. The Cook Islands – Rarotonga Hotel Development
Location: Rarotonga, Cook Islands
Budget: $60 million
Projected Completion: Mid-2023
This new hotel development aims to invigorate tourism in Rarotonga, focusing on luxury accommodations while adhering to sustainable practices. With a design that reflects local culture, the project will create job opportunities and stimulate the economy while providing guests with memorable experiences in the beautiful and culturally rich setting of the Cook Islands.
19. Puerto Rico – San Juan Waterfront Revitalization
Location: San Juan, Puerto Rico
Budget: $100 million
Projected Completion: Late 2023
The San Juan Waterfront Revitalization aims to enhance accessibility and recreation along the coastline. Planned areas include parks, walkways, and commercial spaces, serving both locals and visitors while promoting outdoor activities. Environmental sustainability will be a focus, with initiatives in place to protect marine life and habitats.
20. Micronesia – Palau Conservation and Infrastructure Project
Location: Palau
Budget: $40 million
Projected Completion: Mid-2024
Focused on conservation and sustainability, this project will introduce infrastructure improvements while preserving the natural beauty and biodiversity of Palau. Enhancements will include eco-friendly transportation options and community spaces to bolster local engagement in conservation efforts, thus creating a connected and responsible community.
Through these varied projects across enchanting island destinations, the construction industry is expected to flourish this year. By emphasizing sustainability, supporting local economies, and fostering community enhancement, these endeavors will not only shape the future of tourism but also serve as benchmarks for environmental responsibility.
