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Campaign opposes $100m Goodman's Bay penthouses
OPPONENTS of a proposed $100m, 14-storey Goodman's Bay penthouse complex have launched the ‘Say No to Wynn’ campaign in a bid to rally public support against approving the project.
Wynn's 300 building jobs to 'far outweigh' environment impacts
A $100m, 14-storey Goodman's Bay penthouse complex will create 300 construction jobs and generate benefits "that far outweigh" the touted limited environmental impact, it has been pledged.
Central Bank takes $9m hit over abandoned HQ project
The Central Bank yesterday revealed it has been forced to write-off almost $9m after the project to construct its new Royal Victoria Gardens headquarters was abandoned, with further impairment charges likely in 2023.
Fisheries warning on Royal Caribbean's Xanadu deal
Bonefish conservationists last night voiced concerns about potential negative impacts for a key fisheries spawning ground if Royal Caribbean's proposed Xanadu Beach Hotel acquisition proceeds.
Time to clean up Bay Street
Bay Street...once a ‘Royale street’ that long time gone and from successive governments plenty talk and nothing…
Half of Royal Caribbean's PI investment on site clean-up
A senior Royal Caribbean executive yesterday disclosed around half the investment in its Paradise Island project will be spent on cleaning and restoring much of the 17-acre prior to construction starting.
Injured Strachan: I could have won first NCAA title
IT was a painful experience over the weekend as Bahamian national javelin record holder Keyshawn Strachan sat and watched the National Collegiate Athletic Assocation's National Track and Field Championships rather than competing in it.
Ex-US embassy property targeted for 48-slip marina
A prominent Bahamian contractor is seeking approvals to dredge more than 40,000 cubic yards of fill to make way for a 48-slip marina located at the rear of a former US embassy property opposite Arawak Cay.
Gov't ready to guarantee Nassau's $290m hospital
The Government is prepared to guarantee the $290m financing for New Providence's new hospital, a Cabinet minister revealed yesterday, adding: "This is a worthwhile investment for the Bahamian people."
Wendy's serving food on Paradise Island – from a mobile kitchen
AFTER a very public debate over plans to open a Wendy’s restaurant on Paradise Island, the company is now serving food at the site – but from a mobile kitchen.
NAD returns to $322m debt terms compliance
The Nassau Development Company (NAD) no longer requires a government "commitment" or waiver from its lenders after returning to full compliance with conditions governing its outstanding $322.313m debt at end-September 2022.
Town Planning rejected Lyford Cay condo advice
Lyford Cay residents will today bid to block a controversial condo project, which speculation previously linked to FTX, after planning authorities approved the doubling of its height beyond that recommended by their technical advisers.
Ex-PM: 'Grave mistake' on $86m hospital funds
A former prime minister is charging that the Government made "a grave mistake" by returning more than $86m in low-cost financing for Princess Margaret Hospital's (PMH) expansion to the original lender.
BISX fund 'back expanding' with $9m warehouse move
A BISX-listed real estate fund yesterday revealed it plans to invest up to $9m in developing its first New Providence warehouse and storage facility as it "gets back into expansion" again.
Atlantis and Wendy’s in covenants dispute
Atlantis is at odds with the Wendy's franchise holder over whether restrictive covenants exist to block the latter's plans to convert Paradise Island's former Scotiabank branch into a fast food restaurant destination.
'Residents' views' delay for ex Olympian's Rose Island move project
A former Olympic swimmer's bid to obtain approvals for the expansion of his beach day excursion has been held up by the planning authorities so they can obtain the views of "nearby residents" - on sparsely populated Rose Island.
Cruise giant slashes PI buildings by 24k sq ft
Royal Caribbean has pledged to reduce the size of building structures for its $100m Paradise Island project by a combined 24,000 square feet while "building the least amount of infrastructure as possible".
Man shot dead in Yellow Elder Gardens
A 31-year-old man is dead after a shooting incident on Monday night.
‘Public protest’ not enough to overturn planning approvals
PLANNING authorities yesterday modified the approvals granted to Wynn Development’s 14-storey Goodman’s Bay penthouse while ruling that “public protest” is not sufficient to overturn prior decisions.
Balmoral residents threaten exit if $25m hotel go-ahead
Several residents are threatening to sell their properties if the Balmoral Club’s proposed $25m condo hotel expansion receives the go-ahead from the planning authorities.