Building for
the island’s
next chapter.

FREEPORT, GRAND BAHAMA — 22 October 2026 — As Grand Bahama enters a new period of infrastructure investment and proposed governance reform, Bahamas Homes Development is presenting a residential collection spanning 18 offerings, from USD 499,000 studios to USD 10.99 million waterfront homes. Founder Hanno Strack says eight houses and villas are scheduled for completion this year, with further homes already under construction and additional projects in planning.

The portfolio brings together beachfront studios, garden villas, canalfront duplex homes and substantial private residences. It includes Royal Palm Beach, Beach Residences, the Coral Road collection, Sunny Beach Residences and its Garden and Ocean Villas, Princess Isle, and Fortune Cay. Own developments sit alongside selected client and partner properties marketed under the Bahamas Homes brand.

For Strack, Grand Bahama is both a place to build and a place to live. The German developer moved to the island with his family following a career developing homes on Mallorca. His earlier track record of approximately 100 Mallorca homes is described in published interviews; contemporary villas, pool terraces and Mediterranean architecture from that period form part of his photographic archive.

His commitment predates the latest announcement. The Tribune reported on Beach Residences and the Coral Villas in August 2026, describing new waterfront housing entering the Grand Bahama market. A video tour by Victoria and Rico of NautiStyles / NautiGuys offers another view of the waterfront-home experience, while Strack has discussed Freeport’s development with Grand Bahama Port Authority Chief Investment Officer Derek Newbold in a Willi-pedia interview.

On 21 October, Prime Minister Philip Davis set out a proposed new governance framework for Grand Bahama and outlined airport, harbour and resort priorities. His address described a new airport terminal in design, an approved USD 400 million MSC cruise-terminal investment and redevelopment at the Grand Lucayan. These programmes are at different stages; the proposed governance reforms remain subject to the legislative and consultation process.

The wider economic story extends beyond tourism. Grand Bahama Shipyard reported the first successful docking at its newly commissioned East End dock in February 2026, a milestone in its USD 600 million redevelopment programme. Concord Wilshire separately lists a USD 827 million development budget for the Grand Lucayan resort programme. These are third-party programmes, not Bahamas Homes investments; the figures should not be added together without checking their scope and potential overlap.

Against this backdrop, Strack sees an opportunity to connect European residential design experience with the realities of island construction and waterfront living. His approach emphasises collaboration with local businesses. For journalists, the story can be explored through interviews, project visits, construction photographs, completed-home viewings where available and the contrast between his Mallorca work and current Grand Bahama projects.

ABOUT BAHAMAS HOMES Bahamas Homes Development is a Freeport-based residential development and marketing business led by Hanno Strack. Its public collection includes its own developments and selected client properties, with ready-to-move-in, under-construction and off-plan offerings. Prices are advertised asking prices as of 22 October 2026, not transaction values. The 18 offerings include different home types within shared developments; they are not 18 separate construction sites. The eight-home completion schedule is company-supplied and subject to delivery progress.

MEDIA CONTACT Hanno Strack · Bahamas Homes Development hanno@strack-group.com · +1 242 826 6465 www.bahamas-homes.com/press