"We look forward to putting the Auberge imprint of exceptional cuisine and wine on the restaurant and bringing our signature Auberge experiences to this spectacular destination spa," says Mark Harmon, CEO of Auberge Resorts, in a release. "Pond Bay will offer an exciting new Caribbean destination for buyers and an ideal exchange option for members at the other private residence clubs in our collection."

The club is located on 15 acres along Chocolate Hole Bay. It was designed to combine contemporary and Caribbean flare in a village-type setting. When complete there will be 50 three- and four-bedroom residences as well as a swimming pool, beach club, 75-seat restaurant and a fitness center. The residences have a pre-opening price of $315,000.

Auberge Resorts manages other luxury resorts such as the Auberge du Soleil in Napa Valley, CA and the Inn at Palmetto Bluff in South Carolina.

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