As part of the Club Med demolition, over the next two months more than 28,000 tonnes of construction debris will be trucked away and dumped in Castle Harbour at the Airport. That is approximately 3-4000 loads of the big 6 yard trucks going into the inland water. No environmental review or long term plan. Even [...]
Entries Tagged as 'Development'
Dirty ole Town
July 30th, 2008 · Comments Off · Bermuda Politics, Development, Tourism
There’s plenty of blame to go around for the demise of Bermuda’s retail district. There’s the Government that would not listen to the warnings on the need to reform tourism approaches, tax structures, hiring laws, etc. There’s the Corporation of Hamilton that is just … incompetent. There’s the economic incentive for landlords to convert their [...]
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Government by Short Cut
July 22nd, 2008 · Comments Off · Development, Tourism
The following is a telling slip of the tongue from the developer of the Sonesta/Wyndham site. Scout Real Estate Capital CEO Alan Worden announced today that work on its new 5-star resort hotel on the site of the old Wyndham Beach Resort in Southampton Parish is progressing on schedule. Scout intends to present its proposed [...]
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Business News
July 16th, 2008 · Comments Off · Development
The Bermuda Cement Company fiasco has faded from the public consciousness. But from the pocketbook? Another factor which has contributed to the rising cost of construction, according to Mr. DeCouto, has been the increase in the price of cement by MaxCem since it took over the Bermuda Cement Company in December last year, with prices [...]
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Pensive
July 3rd, 2008 · Comments Off · Development, Media
Yesterday’s paper had a chirpy and cheery update from a local real estate agent. The article claims that the average cost of a single family home is now just under a million. Meanwhile a January 2007 article from the same agency put the price at 1.325 million. That implies the average sales price of Bermuda [...]
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Selling Out
April 25th, 2008 · Comments Off · Bermuda Politics, Development
It does not make sense to me that our Government invests huge sums every year in projects like the African Diaspora Trail, that are so remote from lives of Bermudians and unlikely to contribute to our community or economy, but will not make any effort to preserve elements of our own local black history. Like [...]
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Alexandrina Hall
April 11th, 2008 · Comments Off · Development
Alexandrina Hall on Court Street is in danger of falling to the wrecking ball. It must be preserved. We may not wish to extend the practise of “listing” historic buildings to Hamilton, but we have to put our foot down sometimes. Not only is this building a unique part of Hamilton’s architectural heritage, it has [...]
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Incentive
April 3rd, 2008 · Comments Off · Development
Buried under the hoopla of the big resort announcements was a little gift to the developers from the Bermuda Government. In last week’s Official Gazette was a notice of a change in the tax that non-Bermudians must pay when they acquire land in Bermuda. The acquisition tax on “normal” houses goes up from 22% to [...]
Tags:Bermuda·Ewart Brown·SDO
Club Med, Double Zoinks!
April 2nd, 2008 · Comments Off · Development, Tourism
Dr. Brown is blowing out all the windows with big announcements today. Possibly looking to deflect the criticism that Government carelessly exposed hustletruck workers to asbestos, Dr. Brown shed some more light on the redevelopment of the Club Med as a Park Hyatt destination. The new $290 million development will have 100 hotel rooms, 140 [...]
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Southlands, Zoinks!
April 2nd, 2008 · Comments Off · Development, Tourism
Government has just announced that a sweetheart land swap has been completed with the owners of the Southlands resort. They will get just over two acres of land at Morgan’s Point for each acre of land at the Southlands location on South Shore, which will likely be turned into a park. However, the new development [...]
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