Minister Updates On Morgan’s Point Progress
The remediation of parcels A and B at Morgan’s Point has been completed and that those areas of the site are ready to be handed over to the developers, Minister of Public Works Patricia Gordon-Pamplin said this afternoon [July 29].
The Minister said, “You will be aware that the Government, in 2011, passed the Morgan’s Point Act, which was as a result of a land swap for Southlands, and along with subsequent amendments to that Act permitted some 86 acres of freehold property and 97 acres of leasehold to be transferred to MPL.”
Minister Gordon-Pamplin and Mr. Craig Christensen of Morgan’s Point.
The Minister continued, “The government undertook, by way of the Freehold Agreement which was dated 8 April, 2011, inter alia, the responsibility to complete all such Remediation of the Morgan’s Point Property in order to achieve an internationally accepted health, safety and environmental standard for residential use . The remediation was to be done in stages, with Parcels A & B being first.
“Since that undertaking, The Ministry of Works has worked diligently in partnership with MPL, to ensure that the standards of remediation have been completed in accordance with contractual arrangements.
“Today marks the end of that first stage, which has involved the expenditure of $8.2M, for the services of 6 Asbestos Abatement companies working in conjunction with each other, 8 Pre-qualified excavation companies and some 50 smaller companies and subcontractors on this project, with a total of over 100 employees working on the site.
“The contracts that were given include crane work, vegetation clearance, provision of DSL lines, trenching, demolition, trucking and many other functions.
“The next phase will continue and will involve the completion of all abatement on the MPL property and is expected to be done by the end of the year, with a view to ensuring the handover by January of 2015.
“This site at Morgans Point is an ideal venue for the principals to engage in further discussions regarding their financing to complete the construction phases which are intended to ultimately construct two hotels, a boutique hotel in phase 1 consisting of 235 units and a luxury hotel with 416 keys in a later phase.
Minister Gordon-Pamplin’s full statement follows below:
We are really pleased to be here today to announce that the remediation of parcels A and B at Morgan’s Point has been completed and that those areas of the site are ready to be handed over to the developers.
You will be aware that the Government, in 2011, passed the Morgan’s Point Act, which was as a result of a land swap for Southlands, and along with subsequent amendments to that Act permitted some 86 acres of freehold property and 97 acres of leasehold to be transferred to MPL
The government undertook, by way of the Freehold Agreement which was dated 8 April, 2011, inter alia, the responsibility to complete all such Remediation of the Morgan’s Point Property in order to achieve an internationally accepted health, safety and environmental standard for residential use . The remediation was to be done in stages, with Parcels A & B being first.
Since that undertaking, The Ministry of Works has worked diligently in partnership with MPL, to ensure that the standards of remediation have been completed in accordance with contractual arrangements.
Today marks the end of that first stage, which has involved the expenditure of $8.2M, for the services of 6 Asbestos Abatement companies working in conjunction with each other, 8 Pre-qualified excavation companies and some 50 smaller companies and subcontractors on this project, with a total of over 100 employees working on the site.
The contracts that were given include crane work, vegetation clearance, provision of DSL lines, trenching, demolition, trucking and many other functions.
The principals of MPL are pleased that this stage of the work has been completed.
The next phase will continue and will involve the completion of all abatement on the MPL property and is expected to be done by the end of the year, with a view to ensuring the handover by January of 2015.
There will be the need to clean up some steel remnants from the demolition which are currently on the point, and which will be removed as soon as possible. In addition, for the government retained parcel of the property, remediation will continue after the obligation to MPL has been satisfied.
This site at Morgans Point is an ideal venue for the principals to engage in further discussions regarding their financing to complete the construction phases which are intended to ultimately construct two hotels, a boutique hotel in phase 1 consisting of 235 units and a luxury hotel with 416 keys in a later phase.
This is good news for the construction industry, and will also give MPL the opportunity to showcase their property as a venue for consideration should Bermuda be successful in its final bid for the Americas Cup.
I am sure that the principals will be more than pleased to allow the media to have an onsite visit in order to see the tremendous potential for this remediated property.
The Ministry is pleased to play its part in this remediation process, and to keep the public informed of the progress thus far.Thank you.
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Assuming the DSL lines is a reference to internet capability, why the hell is government paying for that?
Thanks for the progress report.
Are there any illustrations of the resort?
That is good news. Even better news is that the developers will be able to take over in the beginning of the New Year. Sounds like there were a fair amount of workers employed here. I hope the financing arrangements go smoothly so that hotel construction can start soon.
Another ray of hope in a dark sky
Perfect! An area can be cleaned off & ready for whatever the Americas Cup people need in the way of temporary buildings for housing, workshops, cafeterias etc. that they will need.
Absolutely fantastic news…”The rubber will soon meet the road” and the ducks, they’ll be lining up.