BEST Welcomes Pink Beach Redevelopment
The Bermuda Environmental Sustainability Taskforce [BEST] has welcomed the Pink Beach redevelopment project, saying their “preliminary comments are mostly favourable. ”
A spokesperson said, “The redevelopment of the Pink Beach Hotel site brings welcome features that will benefit future development in Bermuda. The Bermuda Environmental Sustainability Taskforce is pleased to welcome the resurrection of the hotel component of the proposed rebuild on this brownfield site.
“Our preliminary comments are mostly favourable. We particularly appreciate the inclusion of an Environmental Impact Assessment and Statement [EIS] as part of the application. This process augurs well for the future as our island becomes more densely built-up.
“We also applaud revisions to the original plans that indicate the new owner’s intent to protect and reactivate the agricultural land at the site. We will be thoroughly reviewing the EIS before making final comments.”
“One point of caution: having experienced previous tourism developments where hotel rooms were promised but never constructed, we trust there will be an irrevocable agreement to build the hotel and have it operating before any private residences are built.
“This development will no doubt be welcome news to the construction and hospitality sectors, and we look forward to resolution of the few issues identified.”
The Bank of N.T. Butterfield & Son Limited announced earlier this month that it had concluded the sale and transferred ownership of the former Pink Beach Club hotel to Sardis Developments Ltd. The beach-front Tucker’s Town cottage colony was placed in receivership in 2010.
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no tax breaks until the hotel portion of the project is started
This is why the economy shrunk under the PLP.
@ frank
What a wonderfull “ARAGGANT ATTITUDE” as we are the only place in the world and of course they need us we don’t need them.
Is that maybe why we have all these “EMPTY” Hotel properties ???