Robert De Niro is expanding his real estate portfolio. The famous Tribeca native is setting his sights on the Caribbean and building a $250 million hotel complex on the island of Barbuda on a beach nicknamed Lady Diana , named after the late princess who often frequented the now-defunct K-Club.

De Niro has amassed an impressive real estate career along with his storied film career. The two-time Oscar winner is also a co-owner of the Nobu brand, which includes about 60 Nobu restaurants and 19 hotels and is approximately worth $1 billion . With his new venture, dubbed The Beach Club Barbuda, De Niro seeks to add another resort to his portfolio.

The secluded spot on Princess Diana beach has captivated De Niro ever since he first visited the island, located approximately 30 miles nor

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