Hashtag: #GrandAtlanticDevelopment
Video: Bermudiana Beach Ribbon Cutting
[Updated] A ribbon cutting ceremony is being held this afternoon [July 17] for the Bermudiana Beach Resort in Warwick. Last year it was announced that the property — which was originally planned to be the Grand Atlantic housing development – will become a “new mid market boutique resort to to be re-named the Bermudiana Beach Resort.” Update:... Read more of this article
Column: 100 Homes, Grand Atlantic, Housing
[Opinion column written by Trevor Moniz] On Friday in the House of Assembly the story of the 100 Homes project in Ireland Island South continued. In the morning I was allowed by the Speaker to give a ‘personal explanation’ to record on the Hansard the correction of untrue statements made by the Minister of Public Works Lt/Col David Burch. The Minister... Read more of this article
Bill For Tax Relief For Bermudiana Beach Resort
A Bill tabled in Parliament seeks to offer relief from customs duty, hotel occupancy tax and exemption from the employer’s share of the payroll tax for a period of ten years for the Bermudiana Beach Resort. Titled the “Tourism Investment [Bermudiana Beach Resort] Order 2018,” the Bill is in relation to the Grand Atlantic property on the... Read more of this article
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... Read more of this article
Column: Project Will Create Opportunities
[Opinion column written by Junior Minister for Tourism Senator Crystal Caesar] Recently, the Government began a legislative process that will see the Grand Atlantic transformed into Bermuda’s next hotel property. This project, which will be known as the Bermudiana Beach Resort, creates a tremendous set of opportunities for Bermudians and Bermuda... Read more of this article
Audio: BHC/Grand Atlantic Discussion In Senate
The Bermuda Housing Amendment Act 2018 — which relates to the Grand Atlantic development — passed in the Senate this week, with the Bill having already passed in the House. The Bill seeks to amend the Bermuda Housing Act 1980 in relation to the powers of the Bermuda Housing Corporation to “provide statutory exemptions from stamp duty... Read more of this article
Videos: Update On Plans For Grand Atlantic
[Updated] Minister of Public Works Lt/Col David Burch, joined by Minister of Tourism & Economic Development Jamahl Simmons and Robert MacLellan, held a press briefing this afternoon [March 28] to provide an update on the plans for the Grand Atlantic property in Warwick. It was announced the property will become a “new mid market boutique resort... Read more of this article
Grand Atlantic RFP Selection Process Complete
The Ministry of Public Works, on behalf of the Bermuda Housing Corporation [BHC], announced that the “selection process as it relates to the Grand Atlantic Condominium - Request for Proposal [RFP] has been completed.” Grand Atlantic was planned as a housing development, however only one unit sold in the first six months, and in 2014 the... Read more of this article
RFP Issued For Grand Atlantic Development
The Government has today issued a Request For Proposal [RFP] for the Grand Atlantic Development in Warwick and is inviting responses from investors and potential buyers. Grand Atlantic was planned as a housing development, however only one unit sold in the first six months, and in 2014 the Government announced it will be taken over by Caribbean-based... Read more of this article
Minister Confirms: Grand Atlantic MOU Expired
The MOU in relation to the Grand Atlantic property has expired, Public Works Minister Craig Cannonier said this morning [Feb 26] in the House of Assembly. Grand Atlantic was planned by the previous administration as a housing development, however only one unit sold in the first six months, and the Government announced it will be taken over by Caribbean-based... Read more of this article
America’s Cup Team Moving Into Grand Atlantic
Team Oracle — which is due to be housed in the Dockyard area which is presently under construction — will move into the Grand Atlantic development starting in April for approximately three months, the Government announced today [Mar 27]. A spokesperson said, “The Bermuda Housing Corporation [BHC], in conjunction with the Bermudiana... Read more of this article
Parliamentarians Discuss $9M Grand Atlantic Fee
[Updated] Public Works Minister Craig Cannonier told the House of Assembly the developer will be paying $9 million over four years for the Grand Atlantic Development. “The Grand Atlantic loan balance currently stands at $36.7 million,” Minister Cannonier said. “It is anticipated that the agreement with the new developers for Grand... Read more of this article
