Hashtag: #MorgansPoint
Finance Minister On Caroline Bay Development
“We do not do justice to the people of Bermuda by continuing to shore up a vision that no longer matches reality and which cannot be sustained on any applicable metrics,” and it is “well past time to approach this development differently” Minister of Finance Curtis Dickinson said. Speaking in the House of Assembly the Minister... Read more of this article
Caroline Bay: We Have Agreement For Financing
Caroline Bay Limited “has entered into an agreement which will provide the financing to continue construction of the Caroline Bay development,” the company said. Back in March of last year the company said they were “temporarily reducing” construction due to “costs outpacing the existing financing of the project,” and the... Read more of this article
Video: Finance Minister On Morgan’s Point
[Updated] Minister of Finance Curtis Dickinson is holding a press conference this afternoon [June 13] about the development at Morgan’s Point, and we will have additional coverage later on and in the meantime the live video is below. Update: The live broadcast has concluded and the 15-minute replay is below Update 4.15pm: Minister Dickinson said,... Read more of this article
‘Seek Financing Options For Continuing Work’
George’s Bay — the developer of Caroline Bay at Morgan’s Point — has confirmed they are “temporarily reducing” construction due to “costs outpacing the existing financing of the project,” while the Government confirms they are “in discussions with the Board of George’s Bay Ltd. as they seek financing... Read more of this article
BEST Loses Court Appeal About Caroline Bay
The Bermuda Environmental Sustainability Taskforce [BEST] was not successful in their court appeal regarding the Caroline Bay development, with the organisation attempting to object to a roadway on what they said was a “precious agricultural plot.” A BEST spokesperson said, “BEST has, for the first time, not been successful in an appeal... Read more of this article
Construction Progressing At Caroline Bay
Caroline Bay’s construction progress is “well on its way” with over 200 construction workers “hard at work on the site,” Craig Christensen said, with the Caroline Bay Director adding that the first phase of the Ritz-Carlton Reserve Residences are “projected to be delivered on time.” Artist rendering #1 of Caroline... Read more of this article
Premier: ‘Visible, Significant Signs Of Progress’
“There are real, visible and significant signs of progress happening in Bermuda,” said Premier Michael Dunkley, following his recent visit to Caroline Bay to get an update on the site’s construction works. Premier Michael Dunkley, Ministers Craig Cannonier and Nandi Outerbridge and Sen. Vic Ball receive a progress update on the Caroline Bay site... Read more of this article
Video: Caroline Bay Marina Holds ‘Dock Wetting’
Caroline Bay Marina held a ‘dock wetting’ yesterday to celebrate the completion of phase one of Bermuda’s newest superyacht marina. Caroline Bay Marina started actual construction in November 2016, and the company said that the ”completion of phase one included the structural completion of the 110 berths and mooring spaces which... Read more of this article
Caroline Bay Residences For Sale From $2.5M
Coldwell Banker Caroline Bay officially launched their local marketing strategy on 4th April 2017 and have introduce the first phase of the Caroline Bay, Bermuda development – The Cove, a Ritz Carlton Reserve Residence. “The initial phase is well under construction, situated directly on the beach and offering buyers the choice of 2 and 3... Read more of this article
Caroline Bay Development Still “On Schedule”
The team at Caroline Bay Marina at Morgan’s Point said that development of the new marina remains on schedule, and provided some updates on the work being done at the site. A spokesperson said, “The marina development team is working to provide a pleasant atmosphere at the marina and surrounding area. To achieve this, a beautification plan... Read more of this article
Caroline Bay Marina Seeking Dock Manager
Caroline Bay Marina recently posted a job announcement seeking a Marina Dock Manager, with the Marina’s CEO saying that they are seeking “the best of the best.” A spokesperson said, “Caroline Bay Marina has set its sights on becoming the largest superyacht marina in Bermuda and with its ability to cater to 30 superyachts from... Read more of this article
Cove Named One Of “10 Exceptional Condos”
The Cove — the planned development at Morgan’s Point — was featured by Keith Flamer of Forbes lifestyle as one of the “10 Exceptional Condos To Watch In 2017″. The report said, “The Cove, a Ritz-Carlton Reserve Residence in Southampton, Bermuda is the first phase of the island’s largest mixed-use development ever—Caroline... Read more of this article
