Daily Archives: October 23, 2011

Another half-billion dollar Barbados resort announced with standard fanfare, concept paintings etc.

Memories of Four Seasons – but this time it’s different. Really.

Announcing a Canadian – Barbados joint venture for a new mega condo resort and residential development, this time at Foul Bay.

That’s good, I guess. If it is finished. If it doesn’t blight the coast.

If it doesn’t run out of money. If the developers have put up real hard cash and are not relying upon hype, investors and deposits from potential buyers to use as leverage for yet to be found finances.

I wonder who the “Barbados partners” are. I wonder if any government officials have a piece of the action. I wonder if any government resources will be diverted “unofficially” to construction. I wonder if the environmental concerns were really addressed and if they will be enforced in our headlong rush and desperation for new foreign investment.

I wonder about a lot of things as I read the news. Bajans are getting very jaded about such projects and that is no wonder.

Good luck to Ecoterra International Corporation

Good luck to the Ecoterra International Corporation in the development of their new five-star Pure Beach Resort & Spa. I pray they succeed, and I desperately hope this isn’t the start of yet another set of concrete bones bleaching in the sun.

One final, important message to the developers and our all-too-eager government: Bajans must have easy access to the beach and there must be nearby parking – because without the parking that’s the end of local access, isn’t it? That’s usually the end result of these projects and we’ve had enough of that.

New Luxury Resort for St. Philip

Barbados’ economic stewards have received some welcomed news amid the protracted financial gloom.

As efforts continue to attain finance to jump-start the stalled Four Seasons Project, a Canadian company and its Barbados partners will next week break ground to signal the start of a massive $541 million residential development in St. Philip.

The people behind it say it will be a five-star beach-front residential and brand name hotel development constructed on land valued at a whopping $119 million.

Barbados TODAY learnt that the Pure Beach Resort & Spa, which will be located on the coast at the picturesque Foul Bay, received approval from the Town and Country Planning Department in April this year, after Canadian company Ecoterra International Corporation submitted the necessary master plan application in May 2008.

“The Master Plan consists of a total of 300 plus units of luxury residential villas, condo, penthouse suites, boutique hotel suites, luxury spa. The amenity rich Pure Beach Resort & Spa boasts boutique shops, fine dining restaurants, and bars where stunning panoramic view of the ocean awaits you,” the developers stated in an outline of the project.

… continue reading the Barbados Today story New luxury resort for St. Philip


Filed under Barbados, Barbados Tourism, Environment, Offshore Investments