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Friday, September 25, 2009

What Happened To The Lakes?


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It is amazing what a change of government and a recession can do to some of the "big" tourism related developments around the island.  Ever wondered what happened to "The Lakes?"  Remember those huge billboards along the highways and byways a few years ago advertising what was to become a huge 500-villa health and wellness community in Mt. Brevitor, St. Peter?  Well, it seems they sold a lot fewer than 77 villas and apartments so they have downsized and changed the name from The Lakes to "VueMont."  "The Lakes" probably was too confusing to potential buyers who wouldn't know the development was supposed to sit on 180 acres of two former sugar plantations - Mt. Brevitor and Lakes.  They have also dropped the health and wellness/retirement theme and are going after anybody with at least US$400K who cannot find and/or afford beachfront property and don't mind a view from a hill mount.  Get it - VueMont?  
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Saturday, September 19, 2009

End Of The World: Lessons for those who would "Dubaify" Barbados


Proposed island north of Bridgetown Port


"England is deserted, Australia and New Zealand have merged, and the man who bought Ireland has killed himself.
They were designed to make Dubai the envy of the world: a series of paradise islands inhabited by celebrities and the super-rich reclaimed from the azure waters of the Arabian Gulf and shaped like a map of the Earth. It was called The World.
As millions of tonnes of rock were dumped into the sea for the foundations, timely leaks suggested that Brad Pitt and Angelina Jolie were to buy Ethiopia, Sir Richard Branson was tipped to occupy England, while Rod Stewart would border him in Scotland.
Instead it has become the world’s most expensive shipping hazard, guarded by private security in fast boats and ringed by warning buoys to keep the curious away. A development that was meant to send Dubai’s star into the firmament of First World cities has been left to the mercy of the waves and the baking winds..."

Click here for entire Times Online article.

Meanwhile, we learned this week from The Nation:

"PRIME MINISTER DAVID THOMPSON is expected to take a four-nation trip shortly to meet with investors on several projects here that have been stalled.
Speaking at a Press conference at his Ilaro Court residence yesterday, Thompson said he would visit the Britain, Canada, United States and China.
He said there were more than 12 projects that had to be discussed, and he intended to sit down and see what concerns the investors had and what issues could be resolved.
Among those to be discussed are Four Seasons, Sam Lord's Castle, "some on the West Coast and one at Merricks in St Philips, some of which have groundwork to be done and some of which are almost ready and can proceed at a moments notice..."
- NationNews.com 9/16/09
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