The Tribune

OVER the weekend at a Progressive Liberal Party youth conclave on Grand Bahama, Prime Minister Philip Brave Davis stated that the his government is in the final stage of closing a deal with a prospective buyer. In the February 4 edition of The Tribune, it was published that a developer from Miami, Concord Wilshire, with $10 billion in real estate and resort assets, is in talks with the Davis administration to purchase the property on the Lucayan strip.                       

I recall the minister of tourism stating to the press that no further announcements will be made until a deal is finalised. Both the Free National Movement and the PLP have been trying to off-load the Grand Lucayan since 2018.                       

For what it’s worth, one can understand why the PM is hesitant to needlessly raise the hopes of Grand Bahamians, especially with a looming general election. It would now appear that the PM was preempted by The Tribune in divulging the name of the potential buyer.

KEVIN EVANS

Freeport, Grand Bahama February 4, 2025.