The massive $3.5 billion Baha Mar project covers 1,000 acres fronting 3,000 feet of Cable Beach, located 15 minutes from the airport. This is a sight to behold. The 1,000-room Baha Mar Casino & Hotel held its topping off ceremony in February, and the entire project looks like a whole new city. It’s surrounded by a chic collection of varied sister resorts, including the 200-room Rosewood at Baha Mar, 300-room Mondrian at Baha Mar and 700-room Grand Hyatt at Baha Mar. Undoubtedly we’ll be returning to Nassau for a future Marketplace because the complex will encompass a 200,000-sf conference center.
Baha Mar just announced that ESPA will operate the 30,000-sf destination spa. And the Jack Nicklaus Signature golf course is undergoing a comprehensive renovation for reopening in February 2014. The Baha Mar hotels are targeted to open December 2014.
Chairman/CEO Sarkis Izmirlian announced during the ceremony the creation of BELIEVE. It is an initiative of the Baha Mar Foundation to instill philanthropic values in all of the employees and partners, revolving around “Community, Culture and Conservation.” Izmirlian committed to raising $1 million for the foundation in time for the hotel openings. The CEO also explained that the Baha Mar project will be good for the entire nation, not just because of the employment/tax benefits. The added rooms will also deliver a significant bump in airlift into Nassau, which makes life better for U.S. planners organizing national events. Furthermore, the Nassau Airport looks incredible. The facility is wrapping up a $409 million expansion this year.