Bids in
Neal & Massy chief executive officer Gervase Warner. (FP)
By Kaymar Jordan, Editor-In-Chief | Sun, May 06, 2012 - 12:10 AM
The final three bids are in.
It is now for top officials of the Trinidadian-based Neal & Massy to decide over the next two weeks whether Barbados will have a Sandals, a Ritz Carlton or a brand new luxury Crane resort in the north of the island.
When contacted yesterday, Neal & Massy chief executive officer Gervase Warner confirmed that there was a shortlist of buyers for the Almond Beach Village in St Peter. He also said Neal & Massy was likely to make its choice of “a preferred buyer” within the next week or two, but he would not go into details on the formal bids.
However, the SUNDAY SUN has otherwise been reliably informed that local developer Paul Doyle, who is owner of the Crane Resort in St Philip, has put in the highest offer for the purchase of the 31-acre beachfront property, which has been valued at $100 million.
Doyle is said to be followed by Bjorn Bjerkhamn, who is proposing to build a 200-room Ritz Carlton hotel, plus residences, while the lowest bid has come from Jamaican businessman Gordon “Butch” Stewart.
Read the full story in today's SUNDAY SUN.
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for the ruin of the old Caribbee Hotel, along the South Coast Boardwalk
so it can be LEVELLED,
adjoined to the Ocean View property to its West
and the whole thing annexed to the existing Hastings Rocks area, under covenant!
This vision would serve to enlarge total recreational South Coast space for Barbadians and visitors alike
-not to mention providing a much-needed, pleasant "window to the sea"
for travellers along the Hastings Main Road!
Don't let the street facade fool you: the place is an absolute WRECK
and no-one is going to buy it for the current (ridiculous) asking price!
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