Residential Community

Homes built for stronger communities

Purposeful residential development for families, neighborhoods, and long-term value.

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Quality you can trust
Built for long-term value
Partners in your journey
Sustainable communities
01 — Who we are

The largest housing development in the nation's history.

The Turks and Caicos Islands Cabinet has approved the US$76 million Prime Cove Residential Community, the largest housing development in the nation's history. Planned for a 60-acre site along Leeward Highway near Crackpot Kitchen, construction is set to begin in June 2026 and will take approximately three years. The project is a partnership between local developer Doug Parnell, Waterloo Investment Holdings Limited, and British Caribbean Bank.

Created in response to the country's growing housing shortage, Prime Cove aims to make homeownership more attainable for Turks and Caicos Islanders — expanding affordable housing options and reshaping the residential landscape of the islands.

Doug ParnellWaterloo Investment HoldingsBritish Caribbean Bank
Aerial masterplan rendering of the 60-acre Prime Cove site
02 — Residences

480 homes across 24 buildings.

One, two and three-bedroom layouts, designed for island living and everyday practicality.

01

One Bedroom

An efficient, light-filled home for first-time buyers and young professionals working across Providenciales.

  • Open living & kitchen
  • Private balcony
  • Dedicated parking
02

Two Bedroom

Room to grow, with a second bedroom that works just as well as a nursery, office or guest suite.

  • Two full bathrooms
  • In-unit laundry
  • Storage throughout
03

Three Bedroom

The family plan — generous shared space at the centre, bedrooms tucked away on either side.

  • Family living area
  • Two bathrooms plus
  • Extended balcony
Interior rendering of a Prime Cove apartment living and kitchen area
03 — Amenities

A community, not just a complex.

Pool House

A resort-style pool and shaded pool house at the heart of the community.

Sports Courts

Multi-use courts for basketball, tennis and evening pick-up games.

Gazebos

Shaded gathering spots woven through the landscaped walkways.

Recreation Green

Open recreational space for children, gatherings and island weekends.

Resident Parking

Dedicated on-site parking for every home, with visitor bays.

Central Location

Minutes from Providenciales' main employment and commercial districts.

Rendering of the Prime Cove pool and pool house
04 — Ownership

Homeownership, within reach.

Buyers will have access to mortgage financing through British Caribbean Bank, with reservation deposits starting at US$10,000.

  1. January 2026

    Cabinet approval

    Approved by the Turks and Caicos Islands Cabinet as the largest housing development in the nation's history.

  2. June 2026

    Construction begins

    Site works commence on the 60-acre parcel along Leeward Highway, near Crackpot Kitchen.

  3. 2026 – 2029

    Three-year build

    24 buildings delivered in phases, alongside amenities and landscaped common areas.

  4. Reservations open

    From US$10,000

    Reservation deposits secure a home, with mortgage financing available through British Caribbean Bank.

05. Get in Touch

Let's plan your next home

Contact our team and we will walk you through available homes, timelines, and community plans.