Senator Answers Questions On Grand Atlantic
The 78 Grand Atlantic condos are vacant, the approximate annual operating and staffing costs are $168,400, and the plans with the property are advancing.
This was stated as Junior Minister for Public Works Vance Campbell responded to questions in the Senate from Opposition Senator Marcus Jones relating to the Grand Atlantic development on South Shore Road in Warwick.
Senator Campbell said, “I am in receipt of questions from Senator Marcus J. A. Jones, JP, relating to the Grand Atlantic condominium complex on South Shore Road in Warwick. Accordingly, the responses are as follows:
“Question 1. Would the Junior Minister please inform the Senate of the number of units which are occupied and vacant at the Grand Atlantic condominium complex on South Shore Road in Warwick?
“Answer 1. Nil units are occupied and 78 units are vacant at the Grand Atlantic condominium complex on South Shore Road in Warwick.
“Question 2. Would the Junior Minister please inform the Senate as to the annual operating and staffing costs for the maintenance of the facilities and grounds?
“Answer 2. The approximate annual operating and staffing costs are $168,400.
“Question 3. Would the Junior Minister please inform the Senate of any prospects of future buyers of the property and whether the plan is to maintain its marketability as a tourism product?
“Answer 3. A press statement was made on March 28th, 2018 by the Minister of Public Works fully explaining the plans for the site – those plans are advancing.”
In March, it was announced that the property, which was originally planned as a housing development and went on the market in 2012, will become a “new mid market boutique resort to to be re-named the Bermudiana Beach Resort.”
The Government said the work will involve 71 condos being refurbished, while the remaining seven condos will be made into areas for operations and amenities such as a reception area, meeting room, restaurant, spa, as well as ‘trams’ to provide access the beach, and the “anticipated opening date” is April 2020.
Video of the planned design:
The Response to the Parliamentary Questions follows below [PDF here]:
Let’s rename it Ewarts Folly.
those plans are advancing…….
since meanwhile 8 month ?
nothing will happen at this place, just wasted tax
soooooooo another $100,000,000 ?? renovate places that have hardly been used and are unoccupied?? throw good money after bad? thats a well tested time proven model smh
We could have had two more sail boat races and sold the property to a developer who knew what they were doing.
Thought the great Zane offered 0nce to buy it.
Why on Earth was this not made into a nice normal rental apartment complex?? It would be full by now…instead of more pie in the sky multi-million condos like we need anymore
I was thinking the same. Low cost rentals to young singles and families would be a lot more impactful.
Bermuda is a joke with too much money. How about we go independent.
Bermuda is a joke with too much money. How about we go independent nest see what happens.
Just go to the edge of the cliff and toss several million dollars off into the sea – that should do the trick…