News Archive:

  • June 2007 News From Government:

    • The lawyers dealing with the application for the development of Port St. George received notification from the Office of The Prime Minister of The Bahamas that the National Economic Council had considered the proposal and had approved in principle the proposed development. There are several conditions which must be complied with, but on first reading these seem to be only what we had been told to expect. This news, which comes exactly seven weeks after the new Government were elected and just four weeks after the new Parliament sat for the first time, arrived by e-mail overnight last night. It was accompanied by a message of congratulations from our lawyers and quickly followed by similar messages from our Nassau based consultants Islands By Design and from the present landowners. Further information will follow as soon as it is available.

  • May 2007 General Election:

    • We have always been advised that in the event of a change of Government our application would not be any less likely to succeed. Now that the change of Government has occurred the advice we are receiving remains the same. Our application will be processed on its merits, irrespective of which party is in power. Although the change of Government is likely to lead to a short term delay while the new people get to grips with pending applications, we are told to expect that, thereafter, the approvals process is likely to be dealt with more rapidly. In the run up to the election the issue of giving away Crown Land in order to secure foreign investment into anchor projects came in for strong criticsim and that practice is now likely to end, or at the very least be severely curtailed. The Port St. George application does not involve any request for Crown Land and so should be unaffected by this issue. The opinion of both our lawyers and consultants remains unchanged and both advise that Port St. George should receive approval in due course.

  • April 2007 Site Reports:

    • The first reports, following the site inspection, were presented to government. Additional information has been provided where required.

  • March 2007 Site Inspection Tour

    • In early March meetings were held between the developer and government officials, resulting in draft Heads of Agreement being presented to the government.
      There was also a site inspection of the proposed Port St George site by representatves of utility providers and other interested parties so that they could report back to the government about practical considerations and applications.

  • November 2006 Fort Lauderdale Boat Show:

    • The marine industry of South Florida generates $13.6billion of Florida′s $18.4billion economic impact, with $10.8billion coming from Broward County alone. This show is big news for lots of people on a global scale. Port St. George Investments Limited were in attendance, set up by existing PSG investors with a view to selling on the Right to Buy documents. Their stand attracted its fair share of interest. Practically  everyone who had visited Stella Maris said what a wonderful place it is, and what a fabulous time they had there. A few people did remark they had been disappointed as the existing marina entrance was too shallow for their boat, but said they would happily return once the channel has been dredged. The response to the idea of being able to buy into the development at an early stage, especially for the dockage, was enormous and the Port St. George Investments team came back with over a hundred contacts. Surprise was shown at the speed with which this project is moving forward. Whilst there our PSG rep, Lynda, met up with Kaye Pearson from International Marinas www.internationalmarinas.com and also Bob Moss from Moss Construction Managers www.mosscm.com . These companies showed a keen interest in the development. Lynda also met with the Chief Operating Officer of International Marinas, Fred Barboni, at his suggestion. This company manage and maintain substantial marina operations and they see PSG as a welcome addition and a perfect stop off point for people travelling from Florida, through Chubb Cay and farther onto Cap Cana in the Dominican Republic. The show proved very productive for both PSGI Ltd and the PSG development. The north American market is actively looking for this type of marine project.

  • October 28th 2006 TV & Radio News:

    • In a TV and Radio broadcast the Right Honourable Perry Christie, Prime Minister of the Bahamas said, "Long Island will be impacted by development very soon."

  • October 28th 2006 Flights To Stella Maris:
    • SOUTHERN AIR CHARTER COMPANY announces scheduled flight services into Stella Maris International Airport, commencing on the 30th October with one flight on Sundays, and two daily flights on Mondays, Wednesdays and Fridays.
    • Round trip fares are Adults $200. Kids $140.
    • Email flight reservations at GHLTravel@coralwave.com Or call Long Island, Gail Rolle on 1 242 338 8424 or 551 2017 Nassau, GHL Travel on 1 242 323 6833 or 323 7217 or 377 2014
    •  Alternatively, why not charter your own, and fly direct to Stella Maris International. 6 and 9 seater planes are available from the Stella Maris Resort Air Service Email them direct at smresort@batelnet.bs
  • Octover 20th 2006 Prime Minister's Letter:

    • The Prime Minister of the Commonwealth of The Bahamas, the Right Honourable Perry Christie, has written to Mr. Bradley Callender, the lawyer who has presented the applications for the purchase and development of Port St. George, expressing his interest in the applications. The Prime Minister has requested that arrangements be made for him and his Minister of Financial Services and Investments, the Honourable Vincent Peet, to meet with us.

  • September 27th 2006 Airport Update:
    • In June 2006 the Stella Maris airport re-opened for small charter aircraft after closing in February for runway repairs.  Ongoing improvements and upgrading will happen in 3 phases
    • 1. Temporary measures as quickly as possible to allow 19 seater commuter aircraft to serve the airport. 
      Removing and adjusting existing buildings to meet the minimum distances of building-free space and to allow ongoing function of passenger check-ins/bathrooms/police/security/Customs/Immigration.
    • 2.  To set up a 4Oft x 6Oft modular building, temporarily, next to the remaining building to improve all operative procedures in terms of comfort etc.
    • 3.  To set up new, final, long-term, growth-oriented facilities onto the new site, such as earlier proposed, located between runway and main road.
  • September 25th 2006 Application Update:

    • The Secretary to the Minister of Financial Services and Investments for the Government of the Commonwealth of the Bahamas has confirmed to Mr. Bradley
       Callender of Sean B Callender & Co. that all applications for Port St. George and Caribbean Heights have been received.

  • September 16th 2006 Caribbean Heights:

    • An application for a luxury 188 unit Condo Hotel and Spa in Phase 3 Section 2 of the existing Stella Maris Subdivision has been submitted to the Government of the Commonwealth of the Bahamas. It has been expressed to the Government that the application is conditional upon approvals being granted for the Port St. George development. This exciting proposal will give Port St. George immediate vertical development and is designed to set the standard in terms of quality and luxury for condo hotel accommodation and amenities. The 18.8 acre site sits high overlooking both the Atlantic Ocean and the Caribbean Sea and the top team of European Architects brought in to create the initial design have made the most of the topography giving views of either the Ocean or the Sea to every one of the luxury units and some will actually have views of both the sunrise over the Atlantic and the sunset below the Caribbean.

  • August 31st 2006 Application Submission Update:

    • Confirmation has been received that the applications have been delivered to the Government.

  • August 30th 2006 Government Submission:

    • Application has been submitted to the Government of the Commonwealth of The Bahamas for the development of Port St George based on the Land Use Master Plan which may be downloaded from the Port St George page.