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Investor To Save South Ocean
The $867 million South Ocean redevelopment’s new managing partner yesterday pledged to “end the impasse in this project” for the benefit of the Bahamian people, after an International Arbitration Tribunal ruling blasted its predecessor for leaving the development in a “shambles”, ordering it to repay almost $3 million.
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Wyndham Has Future As Boutique Hotel
The true scale of the physical transformation that the $2.6 billion Baha Mar will bring to the Cable Beach area has been unveiled by its top brass.
And one familiar sight on West Bay street will definitely change, with the Wyndham to become a smaller hotel after two towers are ripped down to make way for the mega-resort.
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Baha Mar Pledges $200M Construction To Bahamian Contractors
Baha Mar yesterday pledged to award all contracts for the $200 million first phase construction of its $2.6 billion Cable Beach redevelopment to Bahamian contractors, providing more than 250 jobs during the first 12 months of work, with some 3,300 locals set to gain work over the three-and-a-half year building phase.
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