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Caribbean World™ redefines the tropical vacation experience with a new, elevated and exciting destination that combines the best elements of the Hawaiian and Caribbean Islands’ best elements with South Florida luxury lifestyle. Caribbean World™(CW) delivers an elevated guest experience with an overall sense of generous hospitality, relaxed luxury, and seemingly effortless attention to every detail.
CW is a 3 square mile tropical paradise with world-class resorts, an entertainment district, a Vegas-style casino, theme parks, and a mega-size multi-use sports complex. You will experience hundreds of fun tours and activities, legendary sunset ceremonies, island-inspired cuisine, exotic tropical drinks, and award-winning shows nightly.
CW has set the benchmark in providing an experience of a lifetime – all with the distinctively genuine spirit of Florida’s hospitality.
Caribbean World is a 50,000-acre ecological and sustainable mega complex designed to become one of the largest and most visited recreational resort geopark in the world.
CW masterplan includes:
1. Caribbean Village
2. Prep School & University, Research Park, Medical Complex
3. Sports Arena
4. Resort District: Hotels, Exhibition & Convention Center, Casino & Golf (25,000 rooms for all segment of travel market)
5. Entertainment & Business District (290 stores, over 100 restaurants, bars, lounges, nightclubs) Theme, Amusement & Water Parks, Aquarium & Zoo, Yacht Marina, Interactive Museum, Theater
6. Rainforest Reserve & Agricultural Farmland
7. Residential Community: Luxury Villas & Affordable Apartment Complex, Retirement Community
8. Economic Park: Industrial, Logistic & Warehouses & Specialized Retail Store Complex
9. Pollution Preventing Park: Power Plant, Sewage Treatment Plant, Recycle Complex
10. Speedway/ Airport /Carnival Space
The Caribbean World experience embraces luxury travel while creating a genuine connection between people and place. We offer a wholly sensory experience, a union of sights, sounds, scents, and tastes that immerse guests in their surroundings. Our geo-park concept is a tropical paradise that accommodates guests of all ages and perfectly complements the environment.
Hotels, Convention Center, Casino & Golf
More than a place, Caribbean World is a way of life. Quiet, private, and inspiringly beautiful, the pace of daily living, making it both richer and less complicated. With our Balanced Life Concept– (Sustainable – Local – Organic – Wellness – Learning – Inspiring – Fun – Experience), everyone will experience an overall sense of generous hospitality, relaxed luxury, and seemingly effortless attention to every detail.
All the Caribbean Islands in one location
Travel through all the Caribbean Islands in a single day without passports.
Authentically recreated pre-European Caribbean Villages representing the islands and promoting regional integration.
Caribbean Village is a great opportunity to encounter authentic people, food, music, trade, and other traditional aspects of all the Caribbean cultures within one unified experience.
All the Caribbean Islands in one location
Travel through all the Caribbean Islands in a single day without passports.
Authentically recreated pre-European Caribbean Villages representing the islands and promoting regional integration.
Caribbean Village is a great opportunity to encounter authentic people, food, music, trade, and other traditional aspects of all the Caribbean cultures within one unified experience.
Business Park, Entertainment Complex, Residential Complex, Yacht Marina, Theme & Water Park, Zoo & Aquarium, Carnival Space, Speedway & Airport
Entertainment District (290 stores, over 100 restaurants, bars, lounges, nightclubs)
Luxury Villas, Retired Community Affordable Apartment Complex
The minute you step outside your door at the Residence Park at Caribbean World, you’re greeted with beautifully modern tropical-inspired architecture. Pass the familiar faces of neighbors and friends as you make your way through this vibrant, walkable community in the heart of CW with direct access to CW Entertainment District.
The CW Sports Complex’s (9) separate venues (and cross-country course) will play host to multiple amateur and professional sporting events and concerts. This complex will open in the third stage of construction with inaugural major league exhibition games.
Rainforest Preserve, Agricultural Farm Lands
We embrace the ancient Hawaii concept of malama ika aina, or protecting the land because we feel it’s our responsibility to protect and care for our planet and all life that depends on it. We support companies and non-profit organizations that aim to protect the environment and strive to help people live without fear of racism, discrimination, and lack of opportunity. Our philosophy is Tikkun Olam: doing our part to help heal the world.
CW’s sustainable development actions are effective in soliciting community consensus toward a future of green thinking. We particularly focus on responsible consumption management as a way of implementing sustainable practices in the most efficient manner. From solar power plants powering our facilities, to zero-emission electric vehicles getting people from one place to another, we take responsibility of our consumption and production to best reduce our impact on our environment.
Industrial, Logistic & Warehouses Complex & Distribution and Hypermarket
A successfully integrated sustainable multi-use community will have a large complex for Distribution Facilities for the Florida, the Caribbean and Latin America.
This will also be a hub for many small to mid-sized Florida companies to produce products for local and international exports.
The 5,000 acres facility will prepare 30,000 students. United Caribbean University’s (UCU) mission is to prepare students with a world-class education and installed character and integrity to be the future leaders of their community and chosen fields.
The Caribbean Vocational Schools(CVS) prepares young adults to clear pathways to sustainable careers. CVS offers on-the-job-training at CW, qualifying students for skilled, well-paying careers immediately after graduation.
Caribbean United University’s (UCU) main campus, the centerpiece of Caribbean Word. This will become a global health-care facility, attracting patients from around the world.
The facility will include the main hospital with 350,000 sq. ft. with 300 beds and employ 500 staff members. The Clinic 115,000 sq.ft. medical office buildings are designed to be a one-of-a-kind medical center.
As part of Cares Global Investor Network includes over 175 institutional investors, managing more than $29 trillion in assets, advancing leading investment practices, corporate engagement strategies, and key policy and regulatory solutions.
CW aligns with SDGs’ sustainable, ecological, and social practices to build a sustainable economy and promoting regional integration. CW’s network of influential investors from leading assets management firms, public pension funds, labor, investment funds, foundations, and endowment.
The challenges Florida and the world face have never been greater. We have less than a decade to keep the global average temperature from rising more than 1.5 degrees Celsius and avoid climate change’s worst impacts.
It is a small world, after all Caribbean World will have an impact in millions of youth the lack the opportunity to first-class education, health facilities, and social mobility.
CW’s Eco-District offers a roadmap to a sustainable economy with social and ecological tourism to bring growth to Hollywood, South Florida and the Caribbean region in response to these challenges.
CW’s greatest impacts will be realized through our collaborations — with investors, companies, nonprofit organizations, policymakers, and countless others who share CW’s commitment to turning Hollywood Beach into the leading tropical destination as we do our part for more sustainable world.
Today, over 400 of the largest publicly traded companies are committed to SDGs. CW will partnership with many of these powerful networks of investors, companies, nonprofits, and working capital market influencers is important for the project’s funding.
We are in uncharted waters, and it is truly an all-hands-on-deck moment. We need the entire world to join us because we cannot tackle these problems alone.
We are on this journey together—every one of us needs to scale up our ambitions and actions to shape and secure our future of Hollywood. We’re confident that with Caribbean World, we can get there.
TECONOMIC IMPACT MODEL
As part of the overall strategy, Angelou Economics conducted an economic impact study. The purpose of this analysis is to provide Osceola County with a preliminary assessment of the value that CW will generate for the County over 50 years – through full build-out of the development. The economic impact study measures the economic contribution of CW to Osceola County. The findings can be interpreted to be the increase to the County’s GDP as a result of CW being established in this particular market. Economic impacts are derived through multipliers that are specific to Osceola County as well as the industries that will be created within CW. However, CW is bringing a new industry base to the County. By way of example,
CW will bring on-line Osceola County’s first semiconductor facility. With that point in mind, the multipliers will have limited effect in Osceola County, and industry impacts will instead be “leaked” to other areas of the region, the state, or even the country. Yet as Osceola County’s new industry base grows, the chain of suppliers and vendors will grow to accommodate and capitalize on the economies of agglomeration that will be created in CWAs this occurs, Osceola County will capture a larger share of the total economic impact and reduce the levels of “leakage” that will occur in early years of the development.
To put it another way, over time, the total economic benefit of CW to Osceola County will grow exponentially. Interpreting the Findings The findings are broken down into direct, indirect, and induced impacts, which are defined as follows:
DIRECT / includes the capital investment, jobs created, and labor incomes paid within CW.
INDIRECT / encompasses the impact for downstream companies that support or supply CW.
NDUCED / measures the spending patterns of those with jobs that have benefited from CW Furthermore, the impact figures are expressed in terms of jobs, labor income, and total economic output. This provides a comprehensive view of CW and its ability to create jobs, additional labor income, and additional economic benefit within Osceola County. As a way to provide additional context for the impact figures, the top 5 sectors have been identified.
All findings are presented as cumulative over the 50-year life of the development. Additionally, all dollar amounts are presented as net present values and represent 2016 dollars. This allows for a quick and easy evaluation of the findings.
TECONOMIC IMPACT MODEL
As part of the overall strategy, Angelou Economics conducted an economic impact study. The purpose of this analysis is to provide Osceola County with a preliminary assessment of the value that CW will generate for the County over 50 years – through full build-out of the development. The economic impact study measures the economic contribution of CW to Osceola County. The findings can be interpreted to be the increase to the County’s GDP as a result of CW being established in this particular market. Economic impacts are derived through multipliers that are specific to Osceola County as well as the industries that will be created within CW. However, CW is bringing a new industry base to the County. By way of example,
CW will bring on-line Osceola County’s first semiconductor facility. With that point in mind, the multipliers will have limited effect in Osceola County, and industry impacts will instead be “leaked” to other areas of the region, the state, or even the country. Yet as Osceola County’s new industry base grows, the chain of suppliers and vendors will grow to accommodate and capitalize on the economies of agglomeration that will be created in CWAs this occurs, Osceola County will capture a larger share of the total economic impact and reduce the levels of “leakage” that will occur in early years of the development.
To put it another way, over time, the total economic benefit of CW to Osceola County will grow exponentially. Interpreting the Findings The findings are broken down into direct, indirect, and induced impacts, which are defined as follows:
DIRECT / includes the capital investment, jobs created, and labor incomes paid within CW.
INDIRECT / encompasses the impact for downstream companies that support or supply CW.
NDUCED / measures the spending patterns of those with jobs that have benefited from CW Furthermore, the impact figures are expressed in terms of jobs, labor income, and total economic output. This provides a comprehensive view of CW and its ability to create jobs, additional labor income, and additional economic benefit within Osceola County. As a way to provide additional context for the impact figures, the top 5 sectors have been identified.
All findings are presented as cumulative over the 50-year life of the development. Additionally, all dollar amounts are presented as net present values and represent 2016 dollars. This allows for a quick and easy evaluation of the findings.
TAX REVENUE MODEL
The economic impact model conveys the high-level economic benefit to Osceola County. In contrast, the tax revenue model is designed to show the detailed tax revenues that can be expected to be generated for the various taxing entities within the County, including:
• Osceola County General Fund
• CRA
• School Board
• South Florida Water Management Board
To provide Osceola County with better direction, the tax revues are considered at three key time intervals: after 10 years, 25 years, and 50 years. This provides a clearer picture of how the tax revenues will grow over time as the development grows, and ultimately reaches full build-out at the 50-year mark. Furthermore, the tax revenues are detailed for commercial uses, industrial uses, and residential uses. For this reason, the tax revenue model considers the same scenario assumptions as the economic impact study, i.e. the office weighted scenario and the industrial weighted scenario. Within the analysis, both real and tangible property tax collections are considered. Similar to the economic impact study, all findings for the tax revenue model are presented as cumulative for each given time period: 10-years, 25-years, or 50-years.
The tax revenues are net present values and have been discounted to represent 2016 dollars. It is important to note that these projects are based on the development scenarios as currently envisioned. As the different phases of the development come on-line, the actual impact and tax revenues will adjust alongside the “on-the-ground” development fluctuations that occur as part of any large scale development. To accommodate the actual development over time, the economic impact study and tax revenue projections should be updated every couple of years to capture the actual impact, rather than the impact based on pre-development estimates
. TAXABLE VALUE OF PROPERTY AT FULL BUILD-OUT: $1.5 BILLION TO $2.1 BILLION 50-YEAR TOTAL CUMULATIVE TAX REVENUE: $781.2 MILLION TO $831.2 MILLION BKL has the potential to become Osceola County’s largest tax payer based on total taxable value of property. 169
Positioning DR as a prime global tourist destination accelerates its economic growth while promoting education and regional integration with ecotourism leading the SDGs to transition to a sustainable world. We believe that tourism can protect Pedernales’ natural and cultural riches and create economic opportunities for the Dominican Republic and the entire region. Caribbean World is dedicated to minimizing the negative impacts of tourism and maximizing its positive benefits for people, cultures, nature, and wildlife.
Pedernales, Dominican Republic. It is located on an unspoiled peninsula within Jaragua National Park, a UNESCO Biosphere Reserve and the largest, most biologically diverse protected areas in the Caribbean. The area is a crucial refuge for many endemic animals, plants, and insects, some of which are still unknown to science and native Taino cultural sites. This enchanting tropical paradise is blessed with some of the world’s best beaches that will offer an unparalleled blend of luxury and eco-sustainable experiences.
Caribbean World is a 50,000-acre ecological and sustainable mega complex designed to become one of the largest and most visited recreational resort geoparks in the world.
CW masterplan includes:
Caribbean World is a group of over 500 leading global private and public companies and institutions. Our member companies come from all business sectors and all major economies, including international hotels, airlines, cruise ships, and retail groups representing a combined revenue of more than US 4.5 trillion and 25 million employees. They come together with an idea and a burning desire to develop a tourist Eco-District that will benefit the Dominican Republic and the Caribbean region.
