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Founder interest four times higher than Jack s Bay goal

Founder interest four times higher than Jack s Bay goal
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Ex-minister: Bahamians must invest in our nation

Ex-minister: Bahamians must invest in our nation
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Historic first : Dionisio teams with Sir Franklyn

Historic first : Dionisio teams with Sir Franklyn
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DPM: Jack s Bay a model for more Bahamians to enter tourism industry

Calling it a model for other Bahamians, Deputy Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper has lauded the business acumen of Eleuthera Properties Ltd., for having kept its dream alive for thirty years to reach the level of success that it has today. He was addressing the groundbreaking ceremony on Wednesday for the

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Sir Franklyn defends $49m Jack s Bay goal

Near-$120m real estate sales to fund build-out Argues that projections very conservative By NEIL HARTNELL nhartnell@tribunemedia.net Sir Franklyn Wilson is defending as very conservative projections that the Jack s Bay project will hit up to $48.9m in annual real estate sales by 2023, adding: We re not selling this like Fried Fish. The Eleuthera mixed-use resort community s chairman voiced confidence it will shrug off the COVID-19 pandemic and strike its targets because it is seeking price points lower than what exists at rival developments such as Albany and Baker s Bay. Speaking out after Tribune Business obtained forecasts showing Jack s Bay is targeting some $119.652m in real estate sales over its next three financial years to 2023, Sir Franklyn said this would largely be generated from seven-figure purchases by the 40 so-called founder investors the project is seeking to give it critical mass.

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