The Premier was filling space on late night BBC World radio broadcasts tonight, sounding tired and very “off-message”. Pondering Bermuda’s economic uncertainties in the face of declining international business and tourism revenues, the announcer Roger Hearing asked the Premier what Bermuda intended to do. His answer: “We haven’t been able to come up with another [...]
Entries Tagged as 'Development'
Cement
October 21st, 2008 · Comments Off · Development
Coming into town this morning I realised the size of the new HSBC headquarters building looming over Front Street. It’s only half built yet it dwarfs the city block. It has changed the face of Hamilton. What were they thinking? An annual music festival doesn’t add lasting Pop & Sizzle to our town – a [...]
Tags:
Thank You Vesey Much
October 6th, 2008 · Comments Off · Development
As we all know, Bermuda’s open space is disappearing quickly, putting pressure on our wildlife as well as limiting recreation alternatives for our people. The Bermuda National Trust and the Audubon Society have a programme called Buy Back Bermuda [pdf] that seeks to acquire land and preserve open space from development. That programme has purchased [...]
Tags:
Park Hyatt Act Approved, Lease Unseen
September 17th, 2008 · Comments Off · Development, Tourism
In the Senate this morning, the Club Med Act was approved. However it was agreed that the lease could be tabled in the House of Assembly and the Senate — not for debate as the UBP had requested, but for public information. The timeframe when that will happen is unknown. It’s clear that a compromise [...]
Tags:
Park Hyatt Lease
September 17th, 2008 · Comments Off · Development, Tourism
As expected, the Act to enable the real estate development at the old Club Med site thundered through Parliament on Friday. Needless to say, a UBP amendment to require that the eventual lease go before Parliament was also rejected by the PLP block. They get another try today in the Senate – which has a [...]
Tags:
The Cost of Power
September 15th, 2008 · Comments Off · Development
No, this isn’t another item about the PLP. Belco has issued a solicitation for companies interested in developing renewable energy generation facilities in Bermuda that will generate power for sale to Belco over the long term, with options ranging from biomass to solar, and wave to wind. At the same time, the Greenrock group is [...]
Tags:
Not Getting It
September 13th, 2008 · Comments Off · Bermuda Politics, Development
I don’t get it: With the disastrous terms limits policy, the PLP says there’s not enough room and forces out hundreds of expat workers who are active contributors to our economy and community thus rocking the sector that provides upward professional mobility for Bermudians and generates the most tax income for Bermuda. With its rapid [...]
Tags:
Club Med Act – Cheap Sales Tactics
September 12th, 2008 · Comments Off · Development
A Toyota is a Toyota, no matter where no buy it. The base cost is the same. That’s why when you enter a car sales lot in the US, the last thing the salesman wants to talk about is the price of that Toyota. He will take you for a test drive so you can [...]
Tags:
Club Med Act – Focus on What’s Important
September 11th, 2008 · Comments Off · Development, Tourism
As I commented earlier, the Government is putting the cart before the horse on the Club Med redevelopment by asking to Bermuda to debate what were are giving away without knowing what we will get for it. It is irresponsible to conduct the debate without clarity on the economic benefits to Bermuda derived from the [...]
Tags:
Club Med Act – Putting the Cart Before the Horse
September 8th, 2008 · Comments Off · Development
FreshieBlog points out that Parliament will reconvene this Friday to debate a special bill to permit the conversion of the Club Med property and St George’s public golf club into a new real estate development. There are a lot of unanswered questions about this deal, which will turn public-owned land into a private development for [...]
Tags: