Get the Apps
Home / Top Featured Article / Industry expert predicts Barbados set to benefit from holiday and investor traffic Industry expert predicts Barbados set to benefit from holiday and investor traffic
Article by May 29, 2021
One of this country’s leading real estate moguls is predicting a major boom in high-end visitors, as soon as British tourists get the “green light” to travel.
Managing Director of Altman Real Estate Sir Paul Altman told
Barbados TODAY that although many tourism players are currently “tinkering on the brink of insolvency”, market indicators are suggesting that projects like the Barbados Welcome Stamp Initiative have opened the door for a major increase in high net worth long-stay visitors.
Spruce-up for Limegrove coming, says Sir Paul
barbadostoday.bb - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barbadostoday.bb Daily Mail and Mail on Sunday newspapers.
High powered group ready to assist with vaccine financing
Article by March 3, 2021
A year-old, locally-owned private company made up of high-powered businessmen is anxiously standing by to invest in Government’s proposed national vaccination fund to purchase additional doses.
Chairman of the COVID-19 Relief and Recovery (Barbados) Inc, Andrew Mallalieu revealed that the company is only awaiting word from Prime Minister Mottley – who last week suggested calling on the organisation.
“We have people who have contributed for the purchase of the vaccination and that sum has been raised and as soon as the Prime Minister and her team are able to source and call on us to help with the funding, we will disburse the funds – but we have not had that call as yet. We are anxiously awaiting the call to say that she has managed to source it because I think she said last week until she knows for sure she will get it, she isn’t saying anything,” Mallalieu told
Article by Social Share
The ball was dropped too often on vital projects over the years and realtor Sir Paul Altman is encouraging officials to ensure they follow through on several City projects.
He listed to the the redevelopment of Roebuck Street, the historic Marshall Hall on Hincks Street and the proposed Pierhead Cruise Passenger facility as starting points.
During the Barbados Town Planning Society’s lunchtime webinar,
Bridgetown Revitalisation: Heritage, A Doorway To Regeneration yesterday, Sir Paul explained that different circumstances led to the shelving of the developments.
He said that if it all went well, the now weathered Marshall Hall building, others surrounding it and the car park would be used to construct a conference facility, a hotel, townhouses, a Caribbean food market and a design centre where the best of regional artwork could be purchased.
Back to work on revitalising Bridgetown
Article by February 27, 2021
One of Barbados’ leading real estate developers believes that repeated reviews and unwillingness on the part of authorities have led to a “paralysis” of the planned redevelopment of Bridgetown over the years.
However, Sir Paul Altman is warning that with what appears to be a pent-up appetite for investment, local authorities should move with haste in attracting investors and be timelier in handing down decisions.
Reintroducing a multi-million dollar plan that was touted some 15 years ago to revitalize the capital city, Sir Paul expressed disappointment that more work wasn’t done by successive governments to sustain the island’s heritage while focusing on better use and sustainability of the capital.
vimarsana © 2020. All Rights Reserved.