BANYANCAY.COM | 561.557.5854 | WEST PALM BEACH
Banyan Cay The creation of an iconic development is well underway in the heart of the Greater Palm Beaches. Every aspect of this 250-acre wonder is designed for a casual luxury experience that no other resort can offer. The centerpieces include a 150-room boutique hotel and a 130-acre Jack Nicklaus Signature Course, which are highlighted by a Clubhouse and Resort Dining, a 5,000 square-foot Signature Spa and Fitness Center, Tennis Pavilion, pool and meeting facilities.
An Unconventional Take It’s not every day you can relax in the casual elegance of a new luxury resort and residential community with a hotel, private golf club, spa, restaurants, unique pool including a Tiki Hut and a Jack Nicklaus Signature golf course, located on over 250 acres in Palm Beach. Wind down with a relaxed vibe in an authentic and memorable environment, as it is the perfect social setting for the active independent professional, couples and families.
Extraordinary? Absolutely. Stuffy? Never.
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The Importance of Location Everything Palm Beach, from the sparkling waters of the Atlantic to decadent dining and shopping. Big city amenities paired with the beach town vibe make the Greater Palm Beaches a tropical paradise for visitors and residents. Golf, shopping, art, dining, sporting events, water activities, spa—it’s all here for you to enjoy, Fly or drive, Banyan Cay offers easy access from three major airports and is just off the main thoroughfare of South Florida.
LAKE MANGONIA
PA L M BEACH ISLAND
DOWNTOWN W E S T PA L M BEACH
PA L M B E A C H I N T E R N AT I O N A L AIRPORT
PA L M B E A C H OUTDOOR MALL
South Florida Living Enjoy a day in the spa, a challenging round of golf, expert lessons on the tennis court then a plunge in the tropical pool. Or, head to the beach and paddle board on the turquoise waters of the Atlantic Ocean, Jet Ski, captain a boat, scuba diving, go deep-sea fishing or lounge on the pristine beach. The Palm Beaches’ lifestyle is famous for luxury shopping, indulgent dining, and rare art galleries. It is all here for you to enjoy.
The Competition
RESORT Banyan Cay Resort & Golf
LOCA
West Palm
The hotel competitive set consists of non-beach-front resorts that offer golf and resort amenities. Each resort is similar in club amenities as well as resort offerings, and also has a mix of business for leisure travelers,
The Colony Hotel
Palm Be
Brazilian Court Hotel & Beach Club
Palm Be
The Seagate Hotel & Spa
Delray B
Streamsong Resort
Streams
groups and club members. A few of the resorts do not have golf on the property and use various local private courses for their guests. Banyan Cay is the only new resort and club in Palm Beach County that offers all the amenities and a championship golf course. Only 6 miles from the beach and a world away from the crowds.
Residential Comparison There is no comparison‌ Countywide, Banyan Cay
La Playa Beach & Golf Resort
Naple
Autograph Collection Tumberry Isle Miami
Aventu
Hilton West Palm Beach PGA National Resort
remains unique as the antithesis of the luxury golf development with BRAND NEW HOME INVENTORY.
TOTA L :
West Palm Palm Beach
TION
ROOMS
% OF MIX
CLASS
m Beach, FL
150
7.4
LUXURY
each, FL
89
4.4
LUXURY
each, FL
80
3.9
LUXURY
Beach, FL
154
7.6
LUXURY
song, FL
228
11.2
LUXURY
es, FL
189
9.3
LUXURY
ura, FL
398
19.6
UPPER UPSCALE
400
19.7
UPPER UPSCALE
339
16.7
UPPER UPSCALE
2,027
100
m Beach, FL Gardens, FL
Places To Explore O N P R O P E R T Y:
• 300th Jack Nicklaus Signature Golf Course • SpaTerre & the Banyan Cay Fitness Center • Baleen, featuring seafood & farm fresh produce • Banyan Cay Tropical Pool • Banyan Cay Tiki Hut • Banyan Cay Café Grab ‘n’ Go
N E A R B Y:
• .2 miles to the Palm Beach Outdoor Shopping
• 6 miles to Atlantic Ocean
• 2.5 miles to Brightline Luxury Train Service
• 6 miles to boating, beach & snorkeling
• 4.7 miles to the Manatee Lagoon
• 7 miles to the Palm Beach Zoo
• 5 miles to Ball Park of Palm Beaches, the spring home to the Washington Nationals and Houston Astros
• 8 miles to Palm Beach Island & Worth Avenue
• 5.5 miles to Flagler Financial District • 5.7 miles to the Kravis Performing Arts Center • 5.8 miles to the downtown Convention Center • 5.9 miles to CityPlace Shopping Mall • 6 miles to the Palm Beach International Airport
• 8 miles to Scuba Diving Adventures • 11 miles to the Honda Classic Golf Tournament • 19.9 miles to International Polo Club Palm Beach • 22 miles to the National Wildlife Refuge
Palm Beach County Nearly 1.5 million people make Palm Beach County their permanent home with a seasonal influx of approximately 150,000 more long-term vacationers in the fall and winter months. Approximately 6 million annual visitors to Palm Beach County generate a $6.8 billion impact in the county.
Desired Target Between 35-59 years old with children Extended Family Can afford the best in the world Active, young at heart Ethnically Diverse High net worth individuals Self-made and trust fund wealth From the East coast with majority from the New York Tri-State area, Florida, and Eastern Canada Foreign visitors—majority Canadian
Getting Here Is Easy Miami, Fort Lauderdale and Palm Beach International Airports account for 83 million passengers or 47% of all passengers in the State. PBI has enjoyed many awards over the last 25 years, including third best airport in the U.S. and sixth best in the world by the readers of the prestigious Conde Nast Traveler magazine.
By The Numbers 250 Acre Resort 179 Unit Condominium Tower 150 Room Luxury Hotel 130 Acre Jack Nicklaus Signature Golf Course 94 Executive Homes by SobelCo 52 Estate Home Lots 22 Luxury Resort Villas 18 Signature Golf Holes 8 Outdoor Venues 6 Hotel Suites 6 Conference Rooms 3 Restaurants 2 Private Dining Rooms 2 Ballrooms 1 Banyan Cay Resort
RESORT LOBBY
You Get It All Welcome to a newly created luxury resort in West Palm Beach. Part hotel. Part lifestyle. Completely refined. • Boutique luxury hotel consisting of 150 rooms and suites • Members only clubhouse featuring terrace indoor and outdoor dining • Multi Level Pool with Zero entry, waterfall and an adult area retreat • Residential collection of resort villas, custom estate homes, executive homes and deluxe condominiums • SpaTerre, a world-class spa and Wellness Center • Resort Dining including alfresco seating • Poolside Tiki Bar • Banyan Café offering Grab ‘n’ Go Meals • Conference Center with executive board rooms • Outdoor Wedding Venue and Gazebo • Great Lawn for events and celebrations
Celebration Whether you are here for business, hosting a corporate event, a wedding, or life celebration, Banyan Cay offers a selection of services to make your event unique. Indoor and outdoor venues with incredible views, creative chef prepared menus and a full-service catering team will take care of every detail.
Lifestyle Meets Location The ultimate resort living: a Jack Nicklaus Signature Golf Course, contemporary dining, pools, spa, tennis and open outdoor space. Each home, resort villa, or condominium represents the luxury and unique characteristics of this active community. Resort living offers endless entertainment right out the front door.
You have a choice of options with: 22 Luxury Resort Villas 52 Custom Estate Homes 94 Executive Homes 179 Condominiums
The best part of Banyan Cay is where the ideal location meets the ideal lifestyle. Welcoming, not stuffy, all in the center of the Greater Palm Beaches.
Always On Vacation Resort Villas Thoughtfully designed towards families, “la Familia,� or golf groups who want the luxuries of multi-bedrooms while sharing the space together to create memories. These Villas are located close to the resort and its offerings for ease and convenience. Each Villa possesses a creative open floor plan with vibrant modern touches throughout.
Resort Living Executive Homes The Residences at Banyan Cay will offer 5 Spacious, 1 and 2-story executive home models with 15 different architectural styles to choose from. Each of the 94 homes, range from 3 to 4 bedrooms, 3 to 4.5 baths and 1,863 to 3,101 square feet of living space, there is a home to fit every family lifestyle. Built by SobelCo, a prestigious family owned and operated home builder since 1958.
Desirable Luxury Estate Homes 52 Custom Estate Homes ranging from 3,800 sf to over 5,000 sf. The Estate Homes are the best in dwellings and feature open floor plans and spacious outdoor living areas with a pool and summer kitchen. Some are designed for a separate “in law� or guest house. All are on gracious lots with ample space and exclusive in every detail. Each Estate Home is eligible for a unique Membership Level.
Luxury & Simplified Lifestyle Luxury Condominiums with open floor plans and opulent interiors offering coastal or landscape views through perfectly placed panes. Seamless living with resort amenities and a signature golf course, all located in the epicenter of Palm Beach. Rest assured all is taken care of with its dedicated concierge and the hotel services.
Vacation Rental Program Homeownership Made Easy The exclusive Banyan Cay Vacation Rental Program is only available for homes located within the resort and offer a host of owner benefits including: • Access Program for Homeowners and Rental Guests • Professional Website Presentation • Dedicated Reservations Team • Housekeeping and Maintenance Team • Monthly Home Inspections • On-Site Management • Long-Term Rental Management Our team will meet every guest, maintain each home as if it were our own and take care of all the details. It’s that easy.
As A Member, You Get It All Banyan Cay has reinvented the traditional idea of the golf club with a relaxed dress-code and family friendly events. The Club features a Jack Nicklaus Signature Course, social events, golf tournaments and a West Indies-inspired clubhouse with dining and full-service locker rooms. The only tradition for this private club is to relax and enjoy. A limited, selected number of Golf Memberships, Corporate Memberships and Resort Memberships are available.
Our Backyard The Greater Palm Beaches have always been recognized as one of the most exclusive premier areas in the world. The playground for the ultra rich. But The Palm Beaches are not just for playing anymore. Palm Beach is growing and the business environment is thriving. It boasts the third fastest technology growth in the US and the finance sector is also in a growth phase. The recent addition of the Flagler Financial District is home to hundreds of hedge funds, equity firms, and private family offices. Forbes named West Palm Beach the 19th in the country for Best Places For Business Careers. Based on the targeted member profile and current area business environment, Banyan Cay Resort & Golf Club’s number one target market is it’s own backyard.
Extraordinary Golf Experience The centerpiece at Banyan Cay is the 18-hole Jack Nicklaus Signature Golf Course—the highest tier of offering from Nicklaus Design, the world’s leading design firm. The Banyan Cay course showcases a character highlighted by subtle changes of elevation—with as much as 25 feet in changes within the golf course. Also, as a unique feature, a handful of revetted bunkers—reminiscent of the stacked-sod bunkers seen on links layouts in Scotland and Ireland—have been scattered strategically throughout the course. The course layout provides members and their guests with a challenging, yet playable golf experience. The new par-72 design features five sets of tees to accommodate players of all skill levels, and the course yardage ranges from 4,800 yards to a championship-length 7,200 yards from the tips. The practice facility, as well as the course’s opening hole, is located in front of the clubhouse.
Fun, Private, but never pretentious.
The Golden Touch Nicklaus Design, the global golf course design firm founded by golf legend Jack Nicklaus, is widely regarded as the world’s leading design firm. With a philosophy of working closely with clients, enhancing the natural environment, and creating courses that are both challenging and enjoyable for players of all levels, the company has more than 410 courses open for play in 41 countries and 39 states. Of those golf courses, Jack Nicklaus has been involved in the design of over 300.
Let’s Play Banyan Cay offers an exclusive Tennis Program just for our private Club Members and Guests of the Banyan Cay Hotel. With six Har-Tru Courts and a Tennis Pro on-site, every level of player will enjoy this program. Lessons, clinics and racquet fittings are all part of the Tennis program and offer insight and instruction for any level of player.
What’s To Come
GOLF COURSE S TA R T
Q1 2017
S TA R T EXECUTIVE HOMES
GOLF COURSE COMPLETE
Q2 2017
Q3 2017
Q4 2017
S TA R T CLUBHOUSE
Q1 2018
Q2 2018
Q 20
HOT S TA
Q3 18
TEL ART
S TA R T E S TAT E HOMES
Q4 2018
Q1 2019
GOLF CLUBHOUSE & COMPLETE
S TA R T RESORT VILLAS
Q2 2019
Q3 2019
Q4 2019
Q1 2020
HOTEL COMPLETE
Progress • Site plan approval March 27, 2015 • Banyan Cay Development Expand Hotel to 150 keys • Private Members Club opens November 2017 • Jack Nicklaus Signature golf course and players area is complete and open for play November 2017 • Hotel has broken ground and is going vertical. Anticipated to open late 2019. • Over 3 million cubic yards of dirt is moved • SobelCo Model Home Row is complete and open to public Sept 2018 • Estate Custom Home lots are plotted and marked • New Main Entrance from Congress Avenue is open. Beautification along median is progressing. • Water Feature welcoming guests is up and running
Master Development Team
JACOB C O M PA N
General Contra
Distinctive, unique, luxury with out the pretense. It takes a special team of visionaries to design a resort and residential community as rare as Banyan Cay. Each element was carefully crafted to create a sense of community steeped in resort living with a casual, yet elegant backdrop. From every blade of Latitude 36 grass, to the placement of the hotel lobby décor, the development team is creating a masterpiece for all to enjoy.
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Other Consultants & Resources Corporate Attorney – Alston Bird, LLP (New York, NY) • Real Estate Attorneys – Cherry, Edgar & Smith (Palm Beach Gardens, FL) • Real Estate Attorneys – Klett, Mesches & Johnson, P.L. • Environmental - Universal Engineering (West Palm Beach, FL) • Landscape Architects – Carter & Associates (Delray Beach, FL) • Appraiser – HVS (Miami, FL) • Feasibility – Real Estate Economics, LLC (San Clemente, CA) • Community Association Management – Noble House Hotels & Resorts (West Palm Beach, FL) • CDD Bonds-Special District Services, LLC (Palm Beach Gardens, FL) • Consultant – Metro Study (Palm Beach Gardens, FL) • EB5 Regional Center - American Immigration Group (New York, NY) • Senior Construction Loan – Calmwater Capital (Los Angeles, CA)
JACK NICKLA S I G N AT U DESIGN
Golf Course D
B NIES
ractor
URBAN DESIGN K I L D AY STUDIOS
NOBLE HOUSE HOTELS Resort Development & Management
Land Planning & Development
HARDRIVES, INC.
B A N YA N C AY D E V E L O P M E N T, LLC
RANDALL STOFFT ARCHITECTS
Earthwork
Acquistion & Equity Capital
Architectural
US URE N
Design
ADACHE GROUP ARCHITECTS Architectural & Interior Design
SCHAEFER FA G A N & A S S O C I AT E S , INC. Civil Engineer
Confidentiality Agreement Your receipt of this Memorandum constitutes your acknowledgment that (i) it is a confidential Memorandum solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property, (ii) you will hold it in the strictest confidence, (iii) you will not disclose it or its contents to any third party without the prior written authorization of the owner of the Property (“Owner�), and (iv) you will not use any part of this Memorandum in any manner detrimental to the Owner, Inc. If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return it to Owner, Inc.
Disclaimer This Memorandum contains select information pertaining to the Property and the Owner, and does not purport to be all-inclusive or contain all or part of the information which prospective investors may require to evaluate a purchase of the Property. The information contained in this Memorandum has been obtained from sources believed to be reliable, but has not been verified for accuracy, completeness, or fitness for any particular purpose. All information is presented “as is� without representation or warranty of any kind. Such information includes estimates based on forward-looking assumptions relating to the general economy, market conditions, competition and other factors which are subject to uncertainty and may not represent the current or future performance of the Property. All references to acreages, square footages, and other measurements are approximations. This Memorandum describes certain documents, including leases and other materials, in summary form. These summaries may not be complete nor accurate descriptions of the full agreements referenced. Additional information and an opportunity to inspect the Property may be made available to qualified prospective purchasers. You are advised to independently verify the accuracy and completeness of all summaries and information contained herein, to consult with independent legal and financial advisors, and carefully investigate the economics of this transaction and Property’s suitability for your needs. ANY RELIANCE ON THE CONTENT OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions at any time with or without notice to you. All offers, counteroffers, and negotiations shall be non-binding and Noble House Hotels and Resorts nor the Owner shall have any legal commitment or obligation except as set forth in a fully executed, definitive purchase and sale agreement delivered by the Owner.
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