• Plans for new $1.6bn casino in the Bahamas

Nov. 9, 2005 - iBaha Mar Resorts Ltd. is planning to build a casino complex worth $1.6bn. According to the Sun-Sentinel.com Baha Mar Resorts Ltd. is planning to build a casino complex worth $1.6bn in the Bahamas. "Now, the Bahamas is gearing up for a new mega-resort: a $1.6 billion venture in Nassau to feature more than 3,500 hotel rooms, a Harrah's casino, an 18-hole Jack Nicklaus golf course, a retail village, luxury spas and a slew of other amenities on 1,000 acres." "Harrah's will operate a new 1,000-room Caesars Resort Hotel and 95,000-square-foot casino at Baha Mar. Starwood will offer four of its top brands: a 300-room W, including 100 condo units; a 300-room St. Regis, including 100 condo units; a 700-room Westin; and a 700-room Sheraton. The group also will renovate the existing 550-room Wyndham Nassau Resort property and add other residential units, offering 3,550 guest rooms, "making it the largest in the Caribbean," developers said." "Plans also call for an eco-water park with a "show-lake" for live events, 175,000 square feet of meeting space and a 50,000-square-foot village with upscale retail, chef-branded restaurants, and entertainment venues. Construction is to begin in 2007, with an opening set for 2010."

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