NASSAU, Bahamas – The Bahamas government says it expects to sign on Tuesday, a heads of agreement with Baha Mar for the construction of a new 400-room hotel in the country.
SLS and Rosewood hotelsBaha Mar, which is located in the Cable Beach area of New Providence, opened the Grand Hyatt in 2017 with the openings of SLS and Rosewood following months after.
Prime Minister Phillip Davis said his administration hopes the agreement will be signed on Tuesday “or very shortly, we are going to be signing a heads of agreement with Baha Mar where they are going to be developing next door, another 400 rooms, where they have taken down Melia.
“That will be replaced with a 400-room hotel plus 70 luxury condos with amenities,” said Prime Minister Davis, who appeared on the ZNS TV show “The Rundown” on Monday night.
He told television viewers that he met with the owner last Christmas “because I was attempting to get them to open Melia.
‘I’ll do something better Mr. Davis. I’m going to break it down and build something new for you. He kept the promise,” Davis said, as he responded to criticism that his administration’s on going battle with the Grand Bahama Port Authority (GBPA) is harming investor confidence in the Caribbean country.
Davis has argued that the GBPA is not living up to the Hawksbill Creek Agreement and is failing the residents of Freeport. The government also claims that the Port owes it US$357 million, a claim the GBPA has rejected.
