Comments on: Southlands Land Swap Agreement Signed

By: Fire Fighters Respond To Morgan’s Point | Bernews.com

Fire Fighters Respond To Morgan’s Point | Bernews.com — Sun, 23 Mar 2014 14:38:07 +0000

[...] public outcry. After prolonged discussions, the principals of Southlands and the Bermuda Government signed a formal agreement which will see a luxury resort built at Morgan’s Point, while Southlands will remain a [...]

By: MP Scott: “Overt Politicizing” Of Southlands Event | Bernews.com

Wed, 25 Sep 2013 16:14:04 +0000

[...] the Progressive Labour Party agreed to swap that property for Morgan’s Point many months ago, they said it was going to become a public park. [...]

By: Dunkley: Best We Can At Morgan’s Point | Bernews.com

Dunkley: Best We Can At Morgan’s Point | Bernews.com — Tue, 14 Sep 2010 20:47:53 +0000

[...] Southlands Land Swap Agreement Signed [...]

By: Truth

Truth — Tue, 14 Sep 2010 01:16:02 +0000

I hate that I’m suspicious of the timing of this transaction and the cast of Government characters involved. I can’t help but think that both he and Mr. Burgess forced some juicy tidbits in this transaction for themselves in exchange for getting the deal done before he leaves office. Its a really strong bargaining chip given all the money that the investors have sunk in this deal to date. Not only that but the uncertainty surrounding the fact that we don’t know who the next Premier will be and whether or not they will go for this deal or not makes it even more risky for the investors to not do the deal on his terms vs not doing the deal at all and losing a significant investment.

The real shame is that I am not the only person who thought this…