NASSAU, BAHAMAS – Baha Mar is moving forward with plans for a $350 million luxury resort, slated to open in 2029.
A Heads of Agreement was signed with the government on Wednesday for the development, which will rise on the site of the former Melia Hotel, previously intended for renovation but ultimately demolished.
Baha Mar President Graeme Davis announced: “We expect shovels in the ground in early 2026. The project will take three years to complete, and we anticipate welcoming our first guests in 2029.” He also revealed that they are in advanced discussions with a global luxury hospitality brand to enhance the resort’s offerings.
Davis emphasized the project’s significance: “This $350 million investment underscores Baha Mar’s role as a catalyst for continued economic growth and job creation in The Bahamas. We are grateful to the government for their ongoing support in bringing this development to life.”
As part of Baha Mar’s “Luxury of Choice” collection, the new resort will span 12 beachfront acres and feature approximately 350 rooms and 50 luxury branded residences. Guests can look forward to four new restaurants, including a rooftop Omakase experience and a beachfront venue with a celebrity chef. Additional amenities include a 14,000-square-foot spa and fitness center, luxury retailers, expansive pools, entertainment lounges, and family-friendly spaces.
The resort will also provide 25,000 square feet of dedicated indoor and outdoor event space, including a 10,000-square-foot ballroom and a 6,000-square-foot junior ballroom. The project is expected to create approximately 400 construction jobs and over 500 permanent positions for Bahamians upon opening, adding to Baha Mar’s workforce of more than 5,000 associates.
Prime Minister Philip Davis praised the initiative, stating: “This dawn of a new chapter for Baha Mar signals to the world that The Bahamas is open for business and ready to embrace new opportunities.” He highlighted the importance of the partnership between government and private stakeholders, noting that the project represents a commitment to sustainable growth and development for the Bahamas.
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