Heads Up

Monday, April 14, 2008

Merricks "scheduled to start soon?"

In an article yesterday in the Nation newspaper dealing with the issue of development along the east and southeast coasts and its impact on beach access and on "windows to the sea," it was disclosed that the Merricks project is "scheduled to start soon." Before any investors start getting their hopes up please Keep in mind that the same newspaper on February 1, 2007 also reported that construction was "anticipated to start soon." You would think that with a project as important as Merricks after more than a year someone at The Nation would have pursued some serious investigative journalism on this issue.

Click here to read article.

Meanwhile, it looks like if Merricks ever gets built it will be run by the Spanish hotel chain - "Oasis" - according to a news release saying that contracts have already been signed for the management of resorts in St. Vincent and the Dominican Republic under construction by the same company behind Merricks.

Click here to read news release.
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