New $45 million deal expected to invigorate Harbour Island, surrounding Eleuthera economies

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Prime Minister, Dr. the Hon. Hubert A. Minnis (second right) looks on as Mr. Michael Wiener, Principal, 4M Harbour Island Limited, signs the Heads of Agreement for the redevelopment of the Harbour Island Marina into a world-class tourism facility. Secretary to the Cabinet, Ms. Camille Johnson (third from right) signed the Heads of Agreement on behalf of the Government of The Bahamas. The signing took place at the Cabinet Office, Churchill Building. Also pictured (at far left) are: Minister of Public Works, the Hon. Desmond T. Bannister and Attorney General and Minister of Legal Affairs, Senator the Hon. Carl W. Bethel, QC. (BIS Photo/Peter Ramsay)

Officials of the Government of The Bahamas Wednesday (March 14) signed a Heads of Agreement with 4M Harbour Island Limited for the redevelopment of the Harbour Island Marina into a world-class tourism facility. The Minnis Administration says the project has received “the overwhelming support of the residents of Harbour Island. “The residents are enthusiastically receptive to the development and eagerly await the potential economic benefits,” Prime Minister, Dr. the Hon. Hubert A. Minnis said. The $45 million Harbour Island Resort and Marina Development, scheduled to be completed in two-and-a-half years, is expected to enhance the natural attributes of Harbour Island while invigorating and stimulating the economies of Harbour Island and the surrounding Eleuthera communities.

Secretary to the Cabinet, Ms. Camille Johnson, signed on behalf of the Government of The Bahamas while Mr. Michael Wiener, Principal, signed on behalf of 4M Harbour Island Limited. Prime Minister Minnis said Wednesday’s signing confirmed his government’s continuing commitment to accelerate the growth of the Bahamian economy and in so doing, “uplift the living standards of the people of The Bahamas, particularly those living in our Family Islands.” “This is part of our desire to provide greater opportunities in the Family Islands. It will serve to encourage Family Islanders to remain on the islands of their birth, enjoy a sustainable future, and provide for the needs of their families,” Prime Minister Minnis added.

Prime Minister Minnis said Mr. Wiener’s vision for the transformation and revitalization of the “vintage marina property,” will bring a unique appeal to the southwest coast of Harbour Island. The Marina property, will be redesigned into a world-class, state-of-the-art, luxury mega yacht-based resort community with a wide array of amenities consisting of a marina, clubhouse, restaurants, a retail and a resort residential community to include single and two-storey Town Homes with a total of 28 Guest Rooms, 10 Villas and a swimming pool. The 55-slip marina and resort will be “distinctively different” with a “Loyalist design style” reflecting the historic roots of the settlement of Dunmore Town that will enhance the product offering on Harbour Island. “I am pleased to say that the residents of Harbour Island have voiced their overwhelming support for the 4M project at a Public Consultation Meeting held in Harbour Island on November 16, 2017,” Prime Minister Minnis said. “The residents are enthusiastically receptive to the development and eagerly await the potential economic benefits,” Prime Minister Minnis said.

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