THURSDAY, MAR. 24, 2011: Tucker’s Point, which has sought a Special Development Order (SDO) from the Government to continue the development of its Hotel & Resort, is in discussions with Government Ministers to amend the SDO.

The House of Assembly passed the Tucker’s Point Order 2011 on 28th February 2011 by a vote of 21 to 10 and the Order is currently before the Senate for consideration. 

During the Senate debate on Friday 18th March 2011, a number of Senators expressed concerns regarding environmental and planning issues. Since the Senate debate, Tucker’s Point has worked with Minister Walter Roban, Minister of the Environment, Planning and Infrastructure Strategy and Minister Patrice Minors, Minister of Business Development and Tourism to address these issues.

Throughout the week, consultations and presentations have been made to Cabinet Ministers, Department of Planning officers and representatives of the Independent Senators, the Opposition Senators and the Government Senators. 

The focus of these meetings has been to explore compromises which balance the needs of Tucker’s Point to develop the Resort while seeking protections to the natural environment of its land holdings.

Tucker’s Point has also been in discussion with HSBC Bank of Bermuda which is the lead lender to the company and they have indicated their support of the amendments which they believe will contribute to the financial security of Bermuda’s ultra-luxury resort.

The proposed manager of the Resort, Rosewood Hotels & Resorts, has also indicated its support for the compromises which allow it to operate successfully and introduce Bermuda to its many dedicated clients. Rosewood’s entry into the Bermuda tourism market is dependent on a successful outcome to the SDO debate.

Tucker’s Point looks forward to an expeditious resolution of the issues raised in the recent debate of the SDO. The major tourism season for Bermuda is about to get underway and Tucker’s Point looks forward to focusing its energy on providing world class service to its guests who come to enjoy this beautiful island of Bermuda.