Plan To Complete Construction by April 2022
“Work will soon start at the site known as the Bermudiana Beach,” Premier David Burt said, adding that “the plan is to complete construction by April 2022 and be open shortly thereafter.”
Speaking in the House of Assembly on Friday [July 2], Premier Burt said, “I am pleased to advise this Honourable House of that work will soon start at the site known as the Bermudiana Beach.
“Following the announcement of a tranche of $10m, supported by a sovereign guarantee, pledged to proceed with necessary development at this property, due diligence has now been completed, the development loan approved and work on the additional elements of the project will soon commence.
“These works include additional rooms and a series of guest amenities which when completed will make it suitable for paying guests, representing the newest addition to the tourism stock of guest accommodation. The plan is to complete construction by April 2022 and be open shortly thereafter.
“This is an exciting development as the site presents a boost to the local Warwick community, jobs in construction, and also provides an additional family-style choice for visitors.”
The property — which is located in Warwick and previously called Grand Atlantic — was initially planned as a housing development, with the original construction finished about ten years ago.
After the housing units did not sell, plans were changed to make the property into the Bermudiana Beach Resort, which is described as “90 fully furnished hotel residences across nine buildings with five property configurations ranging from studios to three-bedroom properties.”
The doctor’s legacy of waste continues. The taxpayer will never shake the debt or escape future waste.
This government just goes from bad to worse. Another tax payer guaranteed construction project. I’ll be waiting for the excuses when this one goes south. The tax payer should not be in the business of guaranteeing the private sector.
Another $10 million being thrown at this white elephant! SMH
Who is managing the work??
Because you know, we all know, if it’s government, it will be over budget, late, and done badly.
Standing empty since 2011. Including interest on the money borrowed to fund this, the overall cost must be well over $100m by now. And yet we pour even more borrowed money into it.
10 years later, millions of dollars wasted, millions more to waste.