0

Miami-based developer ‘to buy Grand Lucayan’

GRAND LUCYAN HOTEL.

GRAND LUCYAN HOTEL.

By NEIL HARTNELL

Tribune Business Editor

nhartnell@tribunemedia.net

A Miami-headquartered developer boasting $10bn in resort and real estate assets is the potential Grand Lucayan purchaser locked in negotiations with the Davis administration, Tribune Business can confirm.

Multiple well-placed sources identified Concord Wilshire, which has acquired or undertaken several Florida-based resort renovation projects worth hundreds of millions of dollars during its 33-year history, as the prospective “master developer” for Grand Bahama’s ‘anchor’ resort property if it can close the purchase from the Bahamian government.

Comments

birdiestrachan 1 week, 2 days ago

NEIL you must know what you are writing. MR Davis said he will speak when the deal is signed and delivered. Until then we wait

Sign in to comment