Another Gravesnor Landing lease approved
A development - turned down under a different name by the previous UPP government as lacking evidence of the necessary capital - has now had a lease approved by the ABLP council. The US $450 million project to be built over beautiful natural salt ponds, campsites and areas of National Park is said to include two five star hotels, an 18-hole golf course, a 126 mega yacht marina, a polo field, 145 villa residences, 40 commercial units, 74 residential apartments and a donkey sanctuary... was rejected in 2012.
Mackenzie Frank - Chair of BPM - said the CEO of Stanhope Shepherd International Limited, Adam Barrett, was unable to fulfil most of the requirements outlined in the country’s Land Act at that time. Barrett then teamed up with Peter Virdee to establish a joint venture – Gravenor Virdee Developments Ltd. The latest lease document names the developer as Gravesnor Virdee Developments Ltd and not Stanhope Shepherd International Limited, as was previously brought before the Council. Mr Frank pointed out ' That organisation has never presented an application to the Barbuda Council. They have never presented anything under the name that the Governor General is now being asked to sign a lease for and in our opinion this is illegal'. The BPM Chairman is also querying the low price at which the 987 acres of land is being leased.