NASSAU, BAHAMAS — The government intends to address the issue of too many derelict buildings in Downtown Nassau through legislation and other legal means, Prime Minister Dr Hubert Minnis said yesterday at the official opening of the Margaritaville Resort at The Pointe.
The prime minister said the issue must be addressed if Nassau is to meet its potential.
“There are too many derelict buildings in the city center,” said Minnis. “They are eyesores. While some of the old buildings can be refurbished, many have to be demolished.”
Once the issue is addressed through legislation, the government will seek to ensure that buildings in the city center are no longer abandoned and left to deteriorate, including government and commercial buildings, he said.
The prime minister said the City of Nassau has the potential to be the economic hub of The Bahamas and noted that the government has extended concessions to continue incentivizing investment.