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Tourism Development In The Bahamas: The Big Picture
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Page 1 of 1Total of 4 messages
Posted by:Sep 13th 2006, 02:42:52 pm
sgcrPlease check out this web site, www.savethebahamas.org
We need to help ourselves to save our heritage!
Posted by:Sep 5th 2006, 11:35:17 am
ColinIf I were a Brilander and had standing I'd be looking at the suit filed against Discovery Land Co. of Scottsdale, Ariz for their development on Great Guana Cay, The Abacos. If the Privy Council sided with the residents that is, I believe, the end of the case. And that seems to raise all sorts of hopeful signs, at least to me!

Developer:
Posted by:Sep 2nd 2006, 12:08:35 am
greenebudOver all, is this considered a good thing or a bad thing for the Bahamas economically AND environmentally?
Posted by:Sep 1st 2006, 09:01:56 pm
Fig Tree News TeamMajor projects under development

By Amy Martinez
aemartinez@MiamiHerald.com

Here are major resort developments now being built or expanded in the Bahamas. Collectively, they represent a potential investment of more than $12 billion, amounting to one of the Bahamas' biggest building booms.

(1) Bimini Bay Resort

and Casino

Location: Bimini

Developer: RAV Bahamas, a subsidiary of Miami-based Capo Group

Acres: 700

Projected investment: $850 million

Features: 2,100 housing units, a 250-room hotel managed by the Conrad Hilton, a 20,000-square-foot casino, small convention center, and 18-hole golf course

Status: The first phase already is open, and the entire project is expected to be complete by 2008 or 2009.

(2) Ginn sur Mer

Location: West End, Grand Bahama

Developer: The Ginn Co. of Celebration

Acres: 1,957

Projected investment: $4.9 billion

Features: 4,000 condominium and hotel units, 1,800 single-family home sites, two golf courses, marinas, a casino and airplane runway with customs and immigration

Status: The government is expected to give its final approval for construction to begin within the next month. Ginn will start with the marinas and golf courses, but full build-out will take 20 years.

(3) Baker's Bay Golf

and Ocean Club

Location: Great Guana Cay, The Abacos

Developer: Discovery Land Co. of Scottsdale, Ariz.

Acres: 600

Projected investment: $500 million

Features: Tennis courts, a golf course designed by Tom Fazio, a 185-slip marina, beach cottages and mangrove bungalows

Status: Local residents have filed a lawsuit against the project on the grounds that it will harm the environment. The Privy Council in London, which hears legal appeals for the Bahamas, last month sided with the residents and ordered a halt to construction. Discovery Land Co. hopes to go ahead with the project. It's waiting for a ruling from the Supreme Court in Freeport.

(4) Chub Cay Marina

and Resort

Location: Chub Cay

Developer: Chub Cay Club Associates, partly owned by Kaye Pearson, Bob Moss and Walt McCrory, all of Fort Lauderdale

Acres: 870

Projected investment: $300 million

Features: 5,000-foot runway with customs and immigration, 210-slip marina, restaurants, dive shop and five-bedroom villas

Status: The marina opened in June with about half of the planned slips. Build-out is 18 months away.

(5) Atlantis

Location: Paradise Island

Developer: Kerzner International of Paradise Island

Acres: 171

Projected investment: $1 billion

Features: 2,317-room resort, 7-acre lagoon within a 78-acre ''waterscape,'' a large casino and 63-slip marina

Status: First two phases opened in 1994 and 1998. More additions are planned for next year, including 600 hotel rooms, 495 condo units, a dolphin interaction and education center, 30,000-square-foot Mandara spa, and a restaurant by celebrity chef Bobby Flay.

(6) Ritz-Carlton

Rose Island

Location: Rose Island

Developer: Ritz-Carlton Hotel Co. of Chevy Chase, Md.

Acres: 230

Projected investment: $900 million

Features: Hotel, 300-slip marina, condominiums, townhouses and estate homes

Status: Developers received government approval in 2005. Opening is set for 2009.

(7) Baha Mar

Location: Cable Beach, New Providence

Developer: Baha Mar Resorts, a joint venture between Harrah's Entertainment and Starwood Hotels & Resorts Worldwide

Acres: 1,000

Projected investment: more than $1 billion

Features: 1,000-room Caesars Resort, Westin and Sheraton hotels, 95,000-square-foot casino, Jack Nicklaus golf course, eco-water park attraction and chef-branded restaurants

Status: Developers received government approval in 2005. Construction is expected to begin in 2007.

(8) French Leave

and Savannah Hill

Location: Governor's Harbour, Eleuthera

Developer: EIC Resorts of State College, Pa.

Acres: 356

Projected investment: $120 million

Features: Park Hyatt boutique hotel, two marinas, condominiums and oceanfront lots selling for up to $3 million

Status: Developers received government approval in 2004. Construction has been delayed.

(9) Cotton Bay

Location: South Eleuthera

Developer: Eleuthera Properties Ltd.

Acres: 1,500

Projected investment: more than $300 million

Features: 114 home lots, two- and three-bedroom villas, 32-slip marina, and 73-room Starwood Luxury Collection hotel.

Status: Approved by the government in 2004, the hotel will open next year.

(10) Emerald Bay Resort

Location: Great Exuma

Developer: EBR Holding Ltd. of Great Exuma

Acres: 470

Projected investment: more than $150 million

Features: 183-room Four Seasons hotel, crescent-shaped beach, golf course designed by Greg Norman, and 150-slip marina able to handle boats up to 200 feet long

Status: Opening was 2003, with more condos and single-family homes planned.

(11) Rum Cay Resort Marina

Location: Rum Cay

Developer: Montana Holdings of Nassau

Acres: 900

Projected investment: $700 million

Features: New airport terminal and hangar, 80-slip marina, hotel and marina village

Status: Approved by the government in 2004, the marina and marina village are scheduled to open next year. Build-out is set for 2011.

(12) Mayaguana

Location: Mayaguana

Developer: Mayaguana Development Co., a joint venture between I-Group of Hingham, Mass., and Hotel Corp. of the Bahamas, a government-owned entity.

Acres: 9,999

Projected investment: $1.8 billion

Features: 7,000-foot runway, two hotels, 100 home lots, theater, marina, library, three golf courses and nature preserves

Status: The first phase, which includes the marina and a golf course, received government approval this year and is slated to open in three years.

-- AMY MARTINEZ

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