Bahamas News

Grand Bahama will be home to the largest mixed-used resort development ever undertaken in The Bahamas, and perhaps the region, at an estimated $3.1 billion, that according to proposed developer Bobby Ginn, president and CEO of Ginn Resorts.

He made the statement Tuesday during a meeting with Cabinet Ministers at the Conference Centre at the Royal Bahamas Police Force Headquarters on East Street.

Prime Minister the Rt Hon Hubert Ingraham and his entire Cabinet, accompanied by permanent secretaries, directors, and other high level government officials and of the police force were given a comprehensive outline of the development at West End.

Mr. Ginn also addressed concerns raised by the government ranging from land development, waste management, job security, business opportunities, to other issues.

On Friday, December 9, 2005, a Heads of Agreement was signed between the government and Ginn Company to acquire the extensive Sammons Holdings at West End, comprising 1,957 acres of land.

But according to Prime Minister Ingraham, additional land purchase is in question, therefore, his government needed to have the particulars of the project further explained by Ginn.

The prime minister noted that the meeting was a “public information exercise” during

which specifics related to the heights of the building and other matters were discussed.

Mr. Ginn is known for his Reunion Village Resort and residential community in

Orlando, Florida. And, western Grand Bahama will be transformed into a resort mecca of

world-class calibre, resulting in a major economic boost for that area, the

government was told.

Housing and other community infrastructure for Bahamians would be provided on

260 acres of land at Bootle Bay in the first instance.

The development will include:

- 4,400 Condominium/Hotel units

- 870 single family residential home sites

- 2 Championship Golf Courses and Clubhouses

- 2 Large Marinas

- Private airport

- Casino

- Swimming pools and water park facilities

- Tennis complexes

- Beach clubs and spas

Various commercial undertakings and retail businesses, which will be operated by Bahamians.

The Ginn Company has also agreed with the Grand Bahama Development Company to

undertake a massive development with golf courses, hotels and second homes on the eastern end of Freeport.

Source: Bahama Journal