A proposed $250 million resort project long earmarked for Grand Bahama has been revived, Tribune Business has been informed, with the developers in the throes of concluding their Environmental Impact Assessment (EIA) and working through the various government and Grand Bahama Port Authority (GBPA) approvals processes.
Tribune Business's contacts have revealed that the high-end hotel and residential development proposed by London-based property developer, the Raven Group, is back on track and moving forward, having been delayed by both the recession/credit crunch and uncertainty created by the GBPA ownership dispute.
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