NASSAU, Bahamas –The long dormant site of the Ginn Sur Mer development could have shovels in the ground some time soon as international developer Skyline Investments, through Grand Palm Beach Acquisitions Limited, is currently in negotiations with the government to purchase the development’s 2,012 acres in western Grand Bahama, the Nassau Guardian reported on June 11.
Skyline Investments is trying to finalize a heads of agreement with the government for the development that will now be known as Bahama Bay. The $2 billion development is expected to take 10 years to complete and will start with a 120-room hotel and the reopening of the West End airport.
The formal announcement was made at a town hall meeting in West End on Friday, where Skyline Investments executives presented their plans to Grand Bahamians. https://thenassauguardian.com/2018/06/11/developer-seeking-to-invest-2-bil-at-former-ginn-sur-mer-site/
