Column: MP Simmons-Wade On Hotel SDO
[Opinion column written by MP Ianthia Simmons-Wade]
In recent times, the approval of the Fairmont Southampton SDO has taken center stage in the public’s collective consciousness. While it’s true that any development project of such magnitude often carries a fair share of criticism, we must look beyond immediate apprehension to envision the long-term benefits to Bermuda.
1. Job Creation and Economic Impact
The undeniable boon of this project is the immense potential for job creation. At the very start of its development, it promises to create 100 construction related jobs. Once operational, this number will rise with over 500 jobs in the hospitality sector. And that’s not even considering the jobs born out of supporting local services.
Moreover, with the project expected to add of $1.4 billion of additional economy activity, this is no small step towards Bermuda’s economic recovery. Approximately $300 million of this is tied directly to job creation in the ongoing construction of the additional tourism and residential accommodation. The ripple effects of this project will be felt across multiple sectors – from food to financial services. It will also directly benefit other visitor properties throughout the island. This will make job opportunities on the sector more sustainable and attractive for locals especially.
2. Boost to Tourism
The hotel’s revival is a clarion call to the world that Bermuda is open for business and ready to offer its unique blend of hospitality. With the addition of more rooms, not only do we increase our island’s hotel inventory but we also ensure increased airlift to Bermuda. Post pandemic Bermudians have lamented the lack of flight options servicing Bermuda. Bermuda will confidently pursue more airlines to create arrival options to the island. More flights mean more tourists, more revenue, but also more options for Bermudians, Bermuda resident, and the international business community who travel to and from Bermuda regularly. It’s a win-win!
3. Ensuring Environment Protection
A prominent concern for many is the environmental impact of the project, yet it’s evident that the government is not taking this lightly. The stipulated conditions in the SDO, ranging from defining protected conservation areas to installing protective measures for local wildlife, show a commitment to safeguarding Bermuda’s unique environmental legacy.
Furthermore, the mandatory Conservation Management Plan seeks not just to protect but also to enhance the property’s ecological value. Rather than viewing this as a mere development project, it should be seen as an opportunity to rectify years of environmental neglect the property has suffered. The property is in serious need of environmental rejuvenation. The SDO is just one tool to accomplish this. The emphasis on sustainable measures such as Strategic Energy Statement, Water and Wastewater Management Plan, and sustainable Drainage Strategy further enforce the project’s green credentials.
Change often brings with it uncertainty and apprehension. Yet, it’s the harbinger of growth and progress. The Fairmont Southampton Hotel project is not just another construction project, it is a testament to Bermuda’s resilient spirit, forward thinking and commitment to as sustainable future. It is a project of national interest which brings so much to the table for all of our people.
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