CTL Maritime, a subsidiary of the MSC Group, following last week’s announcement outlining its agreement to acquire and develop a portion of the Grand Lucayan resort, today confirmed that it is commencing preparations of the demolitions works at the Grand Lucayan property, marking the transition from agreement to execution as part of the site’s phased redevelopment. The initial works will focus on site preparation, safety measures, and the controlled removal of selected structures within the designated development footprint.
All required approvals and permits for the commencement of works have been secured in
accordance with applicable regulatory processes. The project team continues to work closely with
relevant authorities to ensure that all activities are conducted safely, responsibly, and in line with
national and local requirements.
CTL Maritime has engaged Island Site Development (ISD), a reputable Bahamian contractor, to
carry out the initial demolition preparation works. The firm brings extensive national and regional
experience and is familiar with MSC projects, having previously supported works at Ocean Cay
MSC Marine Reserve and currently contributing to ongoing development activity on the Cay. Their
appointment reflects a commitment to engaging qualified Bahamian companies with proven
capability and experience.
The demolition strategy has been designed to prioritize safety, environmental responsibility, and
economic sustainability. Wherever feasible, the project will identify materials suitable for salvage,
recycling, or repurposing. This approach is intended to reduce waste, support responsible disposal
practices, and maximize the value of recoverable materials while preparing the site for future
development.
Demolition will occur in phases, beginning with Building 1, which will be removed to create
additional staging and laydown space to support the efficient demolition of Breaker’s Cay over the
coming months. This approach allows for controlled sequencing of works, improved site logistics,
and enhanced safety throughout the overall demolition programme.
Prior to active demolition, Breaker’s Cay will be assessed to determine whether salvageable
elements can be recovered first, with recyclable elements separated and reused where possible,
and the remaining materials disposed of in accordance with approved environmental and waste
management practices.
As this initial work begins, local contractors, suppliers, and service providers can anticipate
opportunities to participate in the project. Engagement with Bahamian vendors will form a key
component of the demolition and subsequent redevelopment phases, including hauling, material
handling, equipment support, logistics, and related services.
This next step represents tangible progress following last week’s announcement and reflects MSC
Group’s continued commitment to advancing its long-term investment in Grand Bahama. The
demolition of the site is expected to support economic activity, create employment opportunities,
and contribute to the immediate revitalization of the Lucaya corridor.
