Monthly Archives: May 2012

Six months has passed since the transfer of the development to the lenders group. While the new management company, Replay Resorts, has provided some information to lot owners, we are still anxiously waiting for an announcement regarding the direction of the development. Hopefully we will hear some news later this spring.

At the time of the transfer, the Prime Minister of the Bahamas stated that the lenders group told the government “that during the first six months following the Lenders becoming the absolute owners of the mortgaged lands, they propose to focus on: master planning; re-engaging the marketplace; commencing a builders’ program; construction of model homes; and preparing for sales launch.”

Other updates: The latest I have heard the airport is still closed. I will have some updated pictures of the houses under construction next week.