January 10, 2019 0
American Actor Robert DiNero has found a new business partner to take over from billionaire James Packer who pulled out of the project last year.
The man’s name is Daniel Shamoun of Small Luxury Hotels of the World (SHL).
Prime Minister Gaston Browne said on his personal Facebook page that this means the controversial Paradise Found project will start in 60 days.
According to the government, the new partner operates 520 small luxury hotels all across the world and has been persuaded to join the Paradise Found Project, investing many millions in the Barbuda project.
The Paradise Found Project was delayed by what the government calls “a pointless lawsuit brought by supporters of the BPM, who were trying their best to derail the US$250 million project.”
More than US$25 million dollars have already been invested in the Paradise Found Project by its principals, and Mr. DiNero is committed to completing the project which will occupy the space where the K Club used to be.
The demolition of the K Club buildings is to begin in the coming week, palms are to be planted along the shoreline, and construction of the new buildings to house workers during the construction phase will also begin shortly.