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Message to Downtown Property Owners – DPM Chester Cooper

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#The Bahamas, March 28, 2022

Good afternoon, Ladies and gentlemen.

  • Cabinet & Parliamentary Colleagues
  • Executives of the DTP
  • MOTIA Executives
  • Members of the RBPF

I have invited you here this morning to seek common ground and to share with you the vison that the Davis-Cooper administration has for Downtown, Nassau. I come in peace.

Last week in the House of Assembly I voiced my displeasure about the state of Downtown, Nassau and I called it an embarrassment.  And I know that many of you feel the same way.  As an owner of property Downtown myself, I am intimately familiar with the challenges facing downtown as well as the progress, slow though it may be, that has been made.

Successive governments and the Downtown Nassau Partnership have worked in tandem over the years to try and transform the city center into what we now have.  But the time for incremental change has come and gone.

We have seen progress in the refinishing of sidewalks, the investment in art on abandoned buildings and a focus on a police presence during the daytime hours.  But the fact remains that the private sector is not redeveloping downtown rapidly, and indeed often standing in the way of progress.

For years we have had incentives for development downtown, and while that has borne some fruit, there is no question that the growth of downtown pales in comparison with the escalating number of cruise ship passengers who are brought to the Port of Nassau.  Now we stand on the cusp of something new.

There is more than $200 million being invested in the new port that see it become one of the nicest, most modern ports in the region.  The expansion of cruise ship berths and the loosening of restrictions on cruise ship occupancy means that we could see days with more than 20,000 cruise ship visitors brought to our shores multiple times per week.  The difficulty has become getting them off the boats and to spend money downtown.

In addition that the port, we have the United States investing $300 million in a state of the art embassy that will change the landscape of Shirley Street and East Street.

In addition to that, we have a new Central Bank building that will cost well over $100 million that will begin construction soon and will further transform downtown.

In addition to that, the government of The Bahamas intends to construct a new Cabinet building downtown before the end of this term in government.

We are looking at over $700 million in investment into the downtown area in the next few years alone.  Add to that The Pointe, and we would be looking at close to a billion dollars in investment.  However, this will still not be enough to transform one of the busiest ports of entry in the region.  Our tourism is rebounding strongly. Despite our challenges we still consider ourselves the leaders in the region.

The vibrancy of downtown should be the story our visitors tell to their friends and family when they return home.  It should be a must visit destination in the Caribbean that serve as the bridge between Atlantis and Baha Mar, two of the most famous and meticulously constructed resorts in the world.

Downtown should be a memorable, authentic and safe journey stretching west to Arawak Cay, which is also being targeted for redevelopment, all the way east to Potter’s Cay Dock, also on the government’s drawing board for redevelopment. Yet it is still “on the drawing board”.   Just this past weekend we had six ships in port, on a single day.

There were thousands of guests here and I often hear taxi drivers and vendors tell me how embarrassed they are to have tourists walk past Victoria Avenue going east to see the raft of abandoned buildings, overgrown spaces and desolate areas that scream for guests to speed past as opposed to enjoying the local fare.

It is the one area we get consistent complaints about.

It is poorly maintained and not adequately managed.

It was thought that moving the various waterfront ports would spur development of living spaces, a boardwalk, restaurants and shops, but that dream has stalled.

I have often heard that buildings that are neither pleasing to the eye nor functional to the city are protected as historical sites, and that may require laws being amended.  I am told that outdated building covenants that limit the height of structures are also an impediment. I foreshadow that, that will require adjustment as well.

But given what we have seen with the The Pointe and with other buildings, we can clearly see that exceptions can be made in the greater move toward progress.

As far as our vagrancy issues downtown, those are being addressed by the police and through amendments to the Mental Health Act that will be coming.  Harassment by those who may be mentally ill and/or have substance abuse issues is not something Bahamians or visitors desire.  And we certainly do not want to tell the world that we allow people who may be a danger to themselves and others exist without help outside the gaze of a government mandated to provide order. We will get them compassionate care in a safe place. Bay Street is not that place.

I addition to a cleaner downtown, we also want downtown with spaces for small businesses and spaces for larger businesses.

The Small Business Development Centre and the Tourism Development Corporation are already being positioned to aid in this transformation.  We plan to make certain that Nassau Cruise Port has a transparent process for engaging Bahamian entrepreneurs to operate and have ample opportunity to experience the coming economic growth.

We plan to establish business incubation centers east of Bay Street with shared office spaces like the Incudesk model as well as a high-end authentically Bahamian marketplace.

In the House, I announced a plan to work with the Ministry of Works, the police, the Office of the Attorney General and the Office of the Prime Minister to tackle these issues head-on. We will have a collaborative inter-ministerial approach.  I also pledged to meet with you to discuss the way forward.

I want to be clear that though I seek the way forward to be one of mutually beneficial partnership, the thrust of this administration is first and foremost progress.  And we are not willing to sacrifice progress pursuing partnerships that will not bear fruit.  There is no chance that we allow the status quo to remain.  Always, we will try to work together to move our nation forward.  But governments have a responsibility to act in the national interest, even if that is not to the liking of a few.

There are multiple tools in the government’s arsenal to address compliance, but our first tool will always be diplomacy.  And what is good for downtown is good for the economy of The Bahamas.  Downtown is historic and its parameters well defined in the law.  A raft of legislation exists in the form of concessions to aid this redevelopment.  As I said, there is no need to reinvent the wheel.

We have had multiple studies on the redevelopment of downtown, and the government will also engage the public for ideas.  We  will implement a sustained plan that will out last me as Minister and beyond the 5-year political cycle.  But consensus among property is not required for the government to lead the way forward.  Our city center is no longer a hub for merchant ports.  And it is no longer the epicenter of retail commerce it once was.  But the fact remains that there is money to be made downtown.

For artists and artisans, for those directly in the tourism business, for existing property owners and many, many others.  If you are not interested in being in business in the downtown area, this administration fully understands that.  But we want to work together.  Therefore, this is why I make this call to action.  But disinterest cannot translate into inaction.

If we cannot figure out how to entertain and attract millions of visitors to spend on their vacations with a safe, diverse, dynamic and varied experience that changes and grows more interesting and more inviting over time, then we do not understand the business that we are in.

Downtown needs to become the calling card of The Bahamas, not continue to be a point of national shame.  There is a sense of urgency in implementing the action plans outlined in our Blue Print for Change.  It’s our commitment to you, as we govern on behalf of all.

As Deputy Prime Minister and Minister of Tourism, Investments and Aviation, I am daily confronted with the issues: maintaining the infrastructure, Cleaning Streets and sidewalks, Improved Signage, Addressing Poor Lighting, The Enhancement and enforcement of penal code as they relate to loitering, solicitation, illegal vendors, and illicit activities.  The Government intends to do its part.  We will apply existing laws to manage downtown and introduce new ones where necessary to have it restored, kept clean and provide a unique experience for our visitors and Bahamians.

Government will look at  work with the  DNP to establish a statutorily empowered PPP entity to manage downtown.  We have been meeting with Cruise Line Partners to strongly emphasize the imperative to model exceptional partnerships to increase their calls on the Port of Nassau, incentivize more passengers to come off vessels, work with the TDC to enhance and support our tours and local offerings, which will largely result in increased visitor spend on shore and on Bay Street.  They have given us their word.

We need you to repair your buildings and paint them. Revamp your store fronts. Ensure the removal of garbage. Adhere to signage guidelines and remedy derelict and abandoned buildings.  We don’t need to wait. I urge you to act.

I would be remiss, if I did not also applaud the work of our own Tourism Sites and Facilities Department, who rose to the occasion during the reopening of our sector to ensure that Bay Street, and more specifically Pompey, Pirates and Raswon Square was ready to receive residents and visitors.

I am hopeful that will come together with greater frequency, and share ideas, innovations and make inputs to ensure our collective success.

We must propel our nation on the path to recovery, on the journey to economic restoration and to truly make it, “Better in The Bahamas” for all of us.

Bahamas News

CDB Leadership Passes to Belize as Region Eyes New Financing Partnerships  

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By Deandrea Hamilton

 

The Bahamas, June 9, 2026 – The Caribbean Development Bank’s annual gathering may have concluded in The Bahamas, but attention is already turning to Belize as leadership of the institution’s Board of Governors officially changed hands.

At the close of the 56th Annual Meeting in Nassau, outgoing Chairman and CDB Governor for The Bahamas, Michael Halkitis, formally transferred the chairmanship to Belize’s Dr. Hon. Osmond Martinez, continuing the Bank’s tradition of rotating leadership among its regional shareholders.

The handover capped a week of discussions focused on financing development in an increasingly uncertain global environment and strengthening the Caribbean’s ability to withstand economic and climate-related shocks.

One of the meeting’s most closely watched conversations centered on how multilateral development banks can better support vulnerable Small Island Developing States.

During the President’s Chat, titled Financing the Future: MDB Strategies for Uncertain Times, CDB President Daniel Best joined leaders from the OPEC Fund, the Central American Bank for Economic Integration and the Fund for Responding to Loss and Damage to discuss expanding development finance and building resilience.

OPEC Fund President Dr. Abdulhamid Alkhalifa emphasized that development institutions must move beyond responding to crises and instead help countries prepare for them.

“The real test is whether we can help countries move from strategy to implementation, and from implementation to results,” Alkhalifa said.

The discussions reflected a growing regional push for innovative financing solutions as Caribbean nations continue to confront climate vulnerability, infrastructure demands and economic uncertainty.

Beyond discussions on financing and resilience, the Annual Meeting also featured youth engagement activities, including the Youth FIRE Forum, where young Caribbean leaders participated in conversations about innovation, entrepreneurship, leadership and the future of regional development. Senior government officials, development professionals and youth delegates exchanged ideas on the challenges and opportunities facing the next generation, reinforcing a recurring message throughout the conference: that investments made today must ultimately improve opportunities for Caribbean youth tomorrow.

That theme was echoed by Bahamas Prime Minister Philip Davis, who used the opening ceremony to challenge regional leaders to invest in future generations.

“We must invest in the one asset that no agency can ever downgrade, and that no storm can ever wash away: the mind of a Caribbean child,” Davis told delegates.

With Belize now assuming the chairmanship, regional leaders say the focus remains on transforming ideas discussed in Nassau into tangible results for Caribbean people.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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New GPS Evidence Prompts Fresh Search for Missing American Woman in Abaco

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ABACO, BAHAMAS — Nearly two months after American sailor Lynette Hooker vanished in waters off Abaco, investigators are preparing to conduct a new search based on GPS and navigation data that reportedly challenges the account originally provided by her husband.

The case, which first drew international attention in early April, began when Brian Hooker told authorities that his wife was swept away after falling from an inflatable dinghy during rough conditions in waters near Elbow Cay.

Initial search efforts involving Bahamian and U.S. authorities covered extensive areas of the Sea of Abaco but failed to locate the missing Michigan woman.

Now, according to multiple U.S. media reports, investigators have obtained electronic navigation and GPS data that appears to place the couple’s dinghy in a different location from where searchers initially concentrated their efforts.

The new information has prompted authorities to reopen search operations and seek permission for divers to examine a more targeted area of the Sea of Abaco.

Unlike the broad search that followed Hooker’s disappearance, the renewed effort is expected to focus on a relatively shallow section of water, reportedly about 25 feet deep. Investigators believe the location may offer a better opportunity to recover evidence and potentially answer lingering questions surrounding the disappearance.

The latest development marks a significant shift in the investigation.

What began as a maritime search-and-rescue operation has evolved into a complex multinational investigation involving Bahamian authorities, the United States Coast Guard and the Federal Bureau of Investigation.

Brian Hooker was detained and questioned by Bahamian authorities following his wife’s disappearance but was later released without charges. While investigators have never publicly accused him of a crime, reports indicate he remains a person of interest as authorities continue to examine the circumstances surrounding the case.

Hooker has repeatedly denied any wrongdoing and has maintained that his wife accidentally fell overboard.

The investigation has intensified in recent weeks. U.S. authorities have reportedly seized the couple’s sailboat, Soulmate, transporting the vessel to Florida for forensic examination. Investigators are said to be reviewing onboard electronics, digital records and other potential evidence as part of the ongoing inquiry.

The case has also attracted attention from Lynette Hooker’s family, who have continued to press for answers and support efforts to locate her.

The renewed search comes after Brian Hooker returned to the United States following the disappearance. Reports indicate he cited family reasons, including concerns about his mother’s health, for leaving The Bahamas.

For investigators, however, the focus now appears fixed on the newly identified search area and the electronic evidence that led them there.

Whether the latest operation produces answers remains to be seen. But nearly eight weeks after Lynette Hooker disappeared in the waters of Abaco, authorities believe new technology and new information may finally provide a clearer picture of what happened that night.

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Nassau Opens CDB Annual Meeting at Baha Mar This Week

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NASSAU, BAHAMAS — Regional policymakers, development financiers, economists and international partners are converging on Nassau this week as the Caribbean Development Bank (CDB) stages its 56th Annual Meeting at the Baha Mar Resort from June 1-5, 2026.

Held under the theme, “Forging the Caribbean’s Future: Strategic Solutions for Uncertain Times,” the gathering is expected to place The Bahamas at the center of discussions on some of the region’s most pressing challenges, from climate resilience and energy security to debt sustainability and economic growth.

At the launch of the annual meeting on March 19, CDB President Daniel Best underscored the importance of bringing together leaders from across the Caribbean and beyond at a time of global uncertainty.

“The Annual Meeting provides a strategic moment for the Caribbean, an opportunity for our leaders, governments, development institutions, private sector, youth, and international partners to come together to identify practical solutions that can help the Region navigate uncertainty while unlocking the opportunities that lie ahead,” Best said.

The conference host, newly named Bahamas Minister of Finance and Chairman of the CDB Board of Governors, Michael Halkitis, also emphasized the significance of the event during the March 19 launch ceremony.

“Today’s gathering marks more than the start of preparations for an important meeting. It represents the beginning of a renewed conversation about the future of the Caribbean, about our shared aspirations, our common challenges, and the partnerships that will shape the path forward for our region,” Halkitis said.

He added: “Hosting the 56th Annual Meeting of the Caribbean Development Bank here in Nassau provides an important opportunity to strengthen partnerships and advance meaningful dialogue on the future of the Caribbean.”

Over the five-day meeting, delegates will tackle major issues including energy transition and resilienceinnovative debt solutions for Caribbean economies, and the impact of global economic shocks on regional development.

The programme features a number of high-level events including the Youth FIRE Forum, the William G. Demas Memorial Lecture, the President’s Chat titled Financing the Future: MDB Strategies for Uncertain Times, and a series of policy seminars examining climate finance, infrastructure, economic resilience and development lending.

Among the featured participants are CDB President Daniel Best, Finance Minister Michael Halkitis, senior officials from multilateral development banks, regional finance ministers, central bank governors, economists, development specialists and private-sector leaders. The President’s Chat is expected to bring together leaders of major multilateral development banks to discuss financing strategies for developing states facing mounting economic pressures.

The annual meeting also includes sessions branded “EDGE X by CDB: Analytics Unlocked,” which will explore the economic costs of traffic congestion in the Caribbean and how global crises continue to affect regional economies.

The CDB Annual Meeting traditionally attracts representatives from the Bank’s 28 member countries, including government ministers, senior public officials, development agencies, international financial institutions, youth delegates, academics and private-sector stakeholders. Hundreds of delegates are expected to participate in discussions that will help shape development priorities and financing strategies across the Caribbean in the years ahead.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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