The Atlantis Resort is taking issue with the possibility of fast food franchises Wendy’s and Marco’s Pizza opening outlets on Paradise Island.
Atlantis Senior Vice President of Government Affairs and Special Projects Vaughn Roberts voiced the company’s concerns to members of the media. He said, “so we oppose it on the basis of the potential to create traffic and congestion. We don’t think it fits in with the ethos and the aesthetics of what we aspire for Paradise Island. We don’t really see it as competition. Our food and beverage business is about $200 million a year so a single fast food outlet is not really a threat to us.”
Roberts continued, “we are aware as Atlantis other number of significant luxury projects that are underway here on Paradise Island. Some that we’re proposing as Atlantis and then other developers are proposing, Sterling Hurricane Hole, the Four Seasons owners are developing a luxury residential Four Seasons and there are other projects as well. So collectively we just feel like whether its today or whether its our aspirations for Paradise Island, we really don’t see how a Wendy’s and a Marco’s Pizza fits at that location on PI.”
Aetos Holdings, the parent company of Wendy’s and Marco’s Pizza in The Bahamas plan to expand their restaurant chain to the former Scotiabank location on Paradise Island.
