$17 Million Renovation Plans For Tucker’s Point

May 10, 2024 | 4 Comments

Gencom plans a $17 million renovation to the Tucker’s Point resort, which the company said will include improvements to golf course & clubhouse as well as adding new amenities and food & beverage options.

A spokesperson said, “Gencom’s planned $17 million renovation of Tucker’s Point will include improvements to the 18-hole, par-70 Golf Course & Clubhouse; and Beach Club, which features Bermuda’s longest stretch of private beach and is home to two pools, a restaurant, and a watersports center; as well as adding new amenities and food & beverage options. The community also features a Tennis Club with four Har-Tru clay courts, 48,000 square feet of waterfront land, as well as Rosewood Residences, Harbor Court Residences and single-family homes.

Rosewood Bermuda May 2024

“Alongside the redevelopment of the Fairmont Southampton that is currently underway, Gencom looks forward to continuing its investment in Bermuda’s vital tourism and hospitality industry.”

“The successful refinancing of the Rosewood Bermuda reaffirms Gencom’s long-term commitment to the country’s economic growth. Along with the Fairmont Southampton, Bermuda property, we look forward to elevating the local hospitality and tourism landscape, while opening the doors for other institutional lenders and developers to explore investment opportunities in Bermuda,” said Karim Alibhai, Founder & Principal of Gencom. “We are grateful for the continued support from the Government of Bermuda, the Bermuda Industrial Union and the local community as we further advance our development plans, generating jobs and economic benefits for the country for years to come.”

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Comments (4)

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  1. watching says:

    More evidence of confidence in the Bermuda product. I would like to see tangible progress at South P but i will take this!

    • What says:

      It is a way to ensure they do not have to pay taxes, PLP created a loophole that all hotels are now taking advantage of. It means less money coming in to pay for government services, which means less service. Just look at the roads, trash gets picked up once a week, ongoing bus cancellations. Not long after Burt claimed an average of one a week there was 34 on one day.

    • Jus' Wonderin' says:

      You think people have confidence in Bermuda lmfaooo not with these guys running it. You’ll eat it up though….says a lot

  2. Triangle Drifter says:

    Believe it when you see it. Talk is cheap.

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