Contact: Deidre Rahming
Tel: 954 524 3007
Fax:
954 524 3009
Email: d.rahming@oldbahamabay.com
Contact:Trica Jean-Baptiste
Tel: 212 941-3988
Fax:
212 941-3989
Email: trica@tricapr.com

OLD BAHAMA BAY RECEIVES BAHAMIAN NATIONAL ECONOMIC COUNCIL
APPROVAL TO EXPAND ITS RESORT AND RESIDENTIAL COMMUNITY

West End, Grand Bahama Island - Old Bahama Bay Resort & Yacht Harbour has received Bahamian government approval to expand the size and scope of its development program at West End, Grand Bahama Island to include an additional 78 acres of land and a host of new amenities and facilities. Highlights of its updated Master Plan include:

A beachfront site for a new 150 - 200 room full service hotel with lobby and reception area, meeting rooms, restaurants and private pool.

A marina village area to include the Customs House Restaurant, beach-side pool and retail shops along a brick paved promenade adjacent to the main marina.

Expanding the main marina to approximately 180 slips including new mega-yacht slips, new Customs & Immigration Center , dive shop, charter fishing center and related facilities.

A full service Spa equipped with over-water treatment rooms that feature clear acrylic floors to view underwater reefs and sea life.

Two beautiful parks - one at Settlement Point which will include a lighthouse and wedding chapel and stairways to the Settlement Point snorkeling reefs. The second on the north jetty featuring a jogging trail, exercise stations, fishing platforms and an all-weather Pavilion for group functions.

Additional amenities including a lighted, fully landscaped 18-hole putting course, and a bicycle, electric car, and golf cart rental transportation center.

Approximately 45 - 50 additional single family home-sites at Settlement Point and along a new waterway to the east of the existing waterways.

A variety of multi-family condominiums totaling an estimated 450 to 500 units adjacent to the main marina, along the new waterway and facing both the north and south beachfront areas.

"We are pleased to receive government approval for this $585 million expansion plan at Old Bahama Bay and we look forward to implementing it over the next several years" said Allen G. Ten Broek, President of West End Resort, Ltd., the developer of Old Bahama Bay. "This project, which began in 1998 and is separate and distinct from the planned Ginn Company project at West End , has already provided almost 150 new jobs at the property and will add many more as it is developed."

Old Bahama Bay currently features a 55 room hotel (with 24 additional rooms beginning construction in September), a 72 slip marina with fuel dock and Customs and Immigration facilities, the Straw Bar, Bonefish Folley's, and Aqua fine dining restaurant, and a beautiful beach-side infinity pool. The resort has developed and sold 85 residential waterfront and oceanfront home-sites. Old Bahama Bay is a proud member of Small Luxury Hotels of the World and has received wide ranging travel industry acclaim as one of the finest new upscale resorts in the Bahamas and the Caribbean . The property recently was the first in the Bahamas to receive the prestigious Blue Flag environmental award from the Foundation for Environmental Education for its exceptional environmental awareness and conservation programs.

"The Bahamian government is pleased to provide continued support to the Old Bahama Bay project" said Obie Wilchcombe, West End 's member of parliament and the government's Minister of Tourism. "They have already revitalized the economy of West End and were exceptionally supportive of the community and its citizens after last year's hurricanes. We look forward to our strong public and private relationship continuing into the future."

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For information and reservations contact us at 1-800-572-5711


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Old Bahama Bay was founded by the principals of Holding Capital Group, Main Street Resources (formerly Colt Capital Group), Allen & Company and Cavalier Construction, (the leading Bahamian construction firm). Old Bahama Bay’s management and advisory team has been involved in the development and operation of such world-class resort communities as South Seas Plantation, Parrot Cay, The Guanahani Hotel, The K Club, Little Palm Island, and many others.

Today Old Bahama Bay is one of the most naturally spectacular and elegant oceanfront residential,
Resort and Marina communities in the Caribbean.

For more information on Old Bahama Bay
contact us at 1-800-444-9469



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