The historic Lighthouse Club and Marina in Fresh Creek, Andros, has been sold to a consortium of Bahamian developers and investors.
The Hotel Corporation of The Bahamas announced that the property was sold to the Bahamian-owned and controlled Lighthouse Yacht Club and Marina Ltd, which intends to begin restoring the property before the end of this year.
“Scheduled to begin restoration in late 2021 and operations in 2022 – some 70 years after its original opening – the reimagined Lighthouse Yacht Club and Marina will employ some 70 to 100 employees during construction and 60 to 80 full-time employees when fully operational,” the Hotel Corporation said in a press statement.
“The area will be transformed into a full-service marina and mixed-use luxury resort and residential development.”
Chairman of the Hotel Corporation Michael R. Scott, Q.C. said the corporation went through a long and arduous approvals process to finalize the deal, which is the vision of Brian Hew, Chairman of Coconut Bay Ltd, which owns and operates Kamalame Cay.
“With his impeccable reputation as an internationally recognized resort developer and as a Bahamian, Mr. Hew is uniquely qualified to restore the Lighthouse to its former glory and see the development plan through to its completion,” he said.
The historical significance of the property stems from a lighthouse that stood at the entrance of the Fresh Creek Channel in the 1800s.
Although a small hotel was built on the property, it was left abandoned for many decades before Hurricane Matthew destroyed what was left of it in 2016, the Hotel Corporation said.
Having lived on Andros for more than 30 years, Hew said he is pleased to reinvest in the island and its people.
“With the relaunch of this historic Yacht Club and Marina, my hope is that Fresh Creek, Andros will once again be celebrated with a stylish hotel and marina; one that builds on the history of the lighthouse and one that will revitalize this long-overlooked area of Andros, expanding tourism, creating jobs and providing economic prosperity for the people of Andros,” he said.