November 12, 2020
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Investment deal's anatomy exposed
A south Abaco developer says "the numbers have changed quite materially" after documents emerged showing he and his family were investing just $10m, or less than 2 percent, of the required $718m.
$580m developer urged to reassess cost projections
Environmental activists yesterday urged the developer behind the proposed $580m south Abaco resort project to "re-evaluate his costs" due to labour and material price spikes cause by Hurricane Dorian.
$580m developer 'stretches to max' for environment
The economic viability of a $580m South Abaco project has been "stretched to the maximum" to produce "the lowest density project in The Bahamas" and satisfy environmental concerns.
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