Who is the developer? This same line was pitched to me nearly ten years ago. That development is still unfinished. Beware!
2009 to be exactly, you are talking about a different development, close to the airstrip:
//ambergriscaye.com/forum/ubbthreads.php/topics/330657/Re_New_Building_Project_Raises.html
Although the names are similar, they are not related, this one is:
Developer: Sandy Point Resorts -
http://www.sandypointresorts.comResort: Venezia del Caribe -
https://www.veneziadelcaribe.com