The Ginn Development Company reportedly has decided to go ahead with plans for its multi-million-dollar development project in West End, Grand Bahama.<\/p>\n
This decision followed a meeting with Prime Minister Perry Christie last Wednesday, which went “very well,” a well placed source close to the project told The Freeport News yesterday.<\/p>\n
Based on that meeting, the Ginn Company is definitely moving forward to purchase the property, the source said.<\/p>\n
This decision comes weeks after it was believed that the Ginn Company had abandoned the project, supposedly because of Government’s inaction.<\/p>\n
Sources revealed that Ginn was about to sign a Heads of Agreement for the West End project the day Prime Minister Perry Christie suffered a stroke.<\/p>\n
Founded by Bobby Ginn, the private real estate development and management firm is recognised as one of the leading real estate companies in the U. S. and has a reputation for creating leisure lifestyle and resort communities. <\/p>\n
The company’s massive proposal for Grand Bahama is expected to be no less.<\/p>\n
The project will result in a major economic boost for West End, with plans to develop 2,500 acres of land. When fully completed, the Ginn development will comprise a capital investment of some $1 billion.<\/p>\n
The first phase will include a golf course, 1,000 single-family lots, a 400-unit condo-style hotel, swimming pool, beach club marina, tennis courts and more.<\/p>\n
The Ginn Company has also agreed with the Grand Bahama Development Company to have a massive development with golf courses, hotels, second homes, etc. on the eastern end of Freeport.<\/p>\n
Prime Minister Christie in an earlier interview said, “the development, which will take place over a 10-year period, will bring certainty in the construction industry in Grand Bahama.”<\/p>\n
Hundreds of millions of dollars are expected to be pumped into the Grand Bahama economy, creating more jobs and opportunities.<\/p>\n
According to the company’s website, Ginn is currently under contract or actively developing nearly 18,000 acres in Florida, with additional projects in South Carolina.<\/p>\n
The Ginn Company is headquartered in Celebration, Florida, and has more than three decades of experience creating master-planned resort\/residential leisure lifestyle and recreation-oriented communities primarily in Florida and Southeastern United States.<\/p>\n
It’s core business focus is on real estate development and sales; hospitality development and management; club management and operation; and the development and operation of the private resort golf courses within its communities, the company states.<\/p>\n
By BARBARA WALKIN, Senior Freeport News Reporter <\/small><\/p>\n","protected":false},"excerpt":{"rendered":"
Decision to go ahead with West End project made after meeting with PM.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[12],"tags":[],"class_list":["post-247394","post","type-post","status-publish","format-standard","hentry","category-headlines"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/247394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=247394"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/247394\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=247394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=247394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=247394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}