Providenciales, Turks and Caicos Islands — Luxury resort community South Bank celebrated the topping out of its newest neighborhood, Arc, earlier this week while announcing it has surpassed $300 million in residential sales across the development's neighborhoods.
Arc is a six-story luxury residential development designed by world-renowned Italian architect Piero Lissoni, founder and design principal of Lissoni & Partners. It is one of approximately six new Turks and Caicos resort developments scheduled for completion in 2026.
“Reaching the topping out of Arc at South Bank is a proud moment for our team and partners,” said Ingo Reckhorn, co-founder of Windward, the developer of South Bank. “The overwhelming response from buyers, reflected in over $300 million in sales across South Bank, reinforces the vision we had to create a world-class waterfront community that blends design and lifestyle in an unparalleled fashion in the Turks and Caicos.”
South Bank Resort is an oceanfront residential resort and marina with four distinct neighborhoods: the Ocean Estates, The Lagoon, The Boathouses, and lastly, Arc at South Bank. Prices at Arc range from $3.2 million to $18 million among the only five units that remain, which include a 12,630-square-foot (1,173 m²) penthouse spanning the entire top floor.
Arc represents Lissoni’s first completed project in the Caribbean. It will feature only 17 residences, each focused on indoor-outdoor living and featuring elevated 360-degree water views. Its Sky Villas will have expansive outdoor terraces on every level, complete with kitchens, pools, showers, gardens, and alfresco living and dining spaces.
“South Bank has captured the attention of discerning buyers locally and globally,” said Joe Zahm of TCI Sotheby’s Realty, the sales team behind South Bank. “Its design-forward residences, curated amenities, and direct access to the water have been a key driver of sales momentum. Crossing the $300 million sales threshold ahead of schedule is a testament to the quality of the product, the strength of TCI’s luxury market, and the lifestyle buyers see in South Bank.”
The Turks and Caicos Islands real estate market has seen tremendous growth in recent years, and particularly since the COVID-19 pandemic. A July 2025 analysis of nearly 1,000 real estate listings revealed that the median price for a two-bedroom waterfront condo on Providenciales is now $2,388,000.
About Visit Turks and Caicos Islands
Visit Turks and Caicos Islands (VisitTCI.com) is the largest media and information website in the Turks and Caicos and the leading source of authoritative information for residents and visitors of the country. With over 1,000 pages of original content and 6,000 professional photographs, VisitTCI.com is the trusted brand for the more than 2 million unique users it serves per year.