Luxury Bahamas resort complex Baha Mar will add a fourth hotel property in the coming years, expanding its presence on the island.

The new resort, which is expected to open in 2029, will sit on 12 acres of beachfront property, Baha Mar shared with Travel + Leisure. The hotel will consist of about 350 rooms that each start at more than 550 square feet along with 50 residences and four new restaurants, including a rooftop omakase option and a beachfront eatery with a yet-to-be-announced celebrity chef.

“Baha Mar is committed to creating spectacular experiences, and this $350 million capital investment in our world-class resort collection underscores Baha Mar’s role as a catalyst for continued economic growth and job creation in the Bahamas,” Graeme Davis, the president of Baha Mar, said in a statement shared with T+L. “We are grateful to the government of The Bahamas for their continued support and our collaborative partnership in bringing this new development to life.”

In addition, the new property will feature a 14,000-square-foot spa and fitness center, pools, an outdoor bar, luxury shops, and family-friendly amenities. The hotel will also include 25,000 square feet of dedicated indoor and outdoor event space.

It was not immediately clear which brand would be tapped for the new resort.

Prime Minister of The Bahamas Philip Davis said in a statement the new development “will be highly significant for our country, creating local jobs, supporting tourism growth, and offering new experiences for both residents and visitors.”

Beyond the new resort, Baha Mar is currently made up of three resorts: the Grand Hyatt, the SLS, and the Rosewood. The complex features more than 45 restaurants and lounges, a casino, an 18-hole Jack Nicklaus signature golf course, an expansive 15-acre beachfront water park, and more. 

The companies said the new property will be built on the site of the recently-demolished Melia Nassau Beach, which itself closed in 2021.