NASSAU, BAHAMAS – Baha Mar has officially commenced construction on a transformative $700 million beachfront resort development following a groundbreaking ceremony attended by government officials and industry leaders. The ambitious project, situated on the former Meliá Nassau Beach site along Cable Beach, represents one of the Caribbean’s most significant hospitality investments.
Designed by the globally acclaimed architectural firm Foster + Partners, the 12-acre luxury development will feature 345 premium guest rooms and 77 exclusive branded residences. This expansion will substantially increase Baha Mar’s room inventory while reinforcing its status as a premier global luxury destination.
During the ceremonial event, Baha Mar President Graeme Davis emphasized the project’s significance as a model of public-private partnership. “This investment exceeding $700 million demonstrates what becomes possible when government and private sector align with a shared vision for sustainable tourism growth and belief in The Bahamas’ future,” Davis stated.
Prime Minister Philip “Brave” Davis reflected on the resort’s contentious history, acknowledging former Prime Minister Perry Christie’s perseverance through initial skepticism and political criticism. The Prime Minister revealed that the construction phase alone is projected to support over 1,000 jobs, with majority positions reserved for Bahamian workers. Upon completion in 2029, the resort expects to employ approximately 1,400 associates across various departments.
However, Baha Mar officials provided slightly more conservative employment figures, projecting over 400 construction positions and 500 operational roles that will complement the existing workforce of 5,300 associates. These positions will span hotel operations, culinary services, wellness programming, event management, guest services, and information technology.
The new property will boast extensive amenities including a 16,000 square foot spa and fitness center, four signature dining venues featuring locally sourced seafood, and over 35,000 square feet of flexible event space including grand and junior ballrooms capable of hosting international conferences and local celebrations.
Deputy Prime Minister and Minister of Tourism Chester Cooper highlighted the development’s strategic importance, noting that Baha Mar has significantly strengthened the nation’s tourism offering. Early indicators show visitor arrivals for early 2026 are projected to exceed previous year figures by at least eight percent.
The project represents a substantial revision from initial estimates, having doubled from the original $350 million projection following comprehensive review and planning enhancements. The development will be positioned between the existing SLS Baha Mar and Rosewood Baha Mar properties, creating an integrated luxury resort corridor along Cable Beach.