Developer and operator Kerzner International Holdings and Dolphin Capital Partners have broken ground on the One&Only Kéa Island in Greece. The total investment of the project is €150 million and is a joint venture between Dolphin Capital Investors, Dolphin Capital Partners, Heah&Co. and Kerzner International.
The One&Only Kéa Island will be the second One&Only resort in Europe following the opening of One&Only Portonovi in Montenegro in 2020. Kerzner has plans to continue to develop the One&Only brand globally.
The resort is on a 60-hectare beachfront site on the west side of the island. When complete, the project will have 75 resort villas as well as a limited number of One&Only Private Homes for purchase. Dolphin will oversee the sales of the homes.
The ground-breaking ceremony was attended by Mohammed Al Shaibani, executive director/CEO of Investment Corporation of Dubai and chairman of Kerzner International; Michael Wale, CEO of Kerzner International; Miltos Kambourides, founder/CEO of Dolphin Capital Partners; John Heah, architect and owner of Heah&Co.; Konstantinos Terzitanos, managing director Redex; George Hatzimarkos, the governor of the South Aegean region; Ioannis Evaggelou, the mayor of Kéa and other representatives of the local authorities.
Kéa is the closest of the Cycladic Islands to Athens and is accessible by ferry, speed boat or yacht from Lavrio Harbour.