Mr. Peterson is surprised that Mr. Southworth hasn't met with local opposition to one of his developments before. That's because Mr. Southworth has never actually developed anything before. He's more like a used car salesman, he just buys up golf resorts that are going bankrupt, in foreclosure, defaulting on loans, etc. The only thing he ever actually tried to develop from scratch was PGA Village on Cat Island, and look how well that worked out for him - after 7 years, it's still just a bunch of architect's drawings. Mr. Southworth has said in the international press on at least two occasions that he buys cheap so that he will "have inventory" and make millions when the economy improves. Little Harbour doesn't want to be part of a used golf course salesman's inventory!
This is yet another example of why our country desperately needs new legislation: a Land Use Act, an Environmental Protection Act, and - most of all - a Freedom of Information Act. This is a democracy - let the people have a say in how our resources are utilized, not just the fat cats in Nassau. Developers only come here because they know they can do anything they want, and then walk away from the mess they have created when they go broke.
Good to see Fred Smith getting involved in this! Southworth Development have been doing their best to ignore the barrage of letters from Little Harbour for a whole year now - maybe Fred will get their attention. Like they say, it ain't over till the fat lady sings - and she ain't singing in Little Harbour yet!
alleycat says...
Mr. Peterson is surprised that Mr. Southworth hasn't met with local opposition to one of his developments before. That's because Mr. Southworth has never actually developed anything before. He's more like a used car salesman, he just buys up golf resorts that are going bankrupt, in foreclosure, defaulting on loans, etc. The only thing he ever actually tried to develop from scratch was PGA Village on Cat Island, and look how well that worked out for him - after 7 years, it's still just a bunch of architect's drawings.
Mr. Southworth has said in the international press on at least two occasions that he buys cheap so that he will "have inventory" and make millions when the economy improves. Little Harbour doesn't want to be part of a used golf course salesman's inventory!
On Developer claims residents were ‘inciting confrontation’
Posted 24 May 2016, 9:53 a.m. Suggest removal
alleycat says...
This is yet another example of why our country desperately needs new legislation: a Land Use Act, an Environmental Protection Act, and - most of all - a Freedom of Information Act. This is a democracy - let the people have a say in how our resources are utilized, not just the fat cats in Nassau. Developers only come here because they know they can do anything they want, and then walk away from the mess they have created when they go broke.
On Abaco Club dock to take near 20% of Little Harbour
Posted 1 January 2016, 12:45 p.m. Suggest removal
alleycat says...
Good to see Fred Smith getting involved in this! Southworth Development have been doing their best to ignore the barrage of letters from Little Harbour for a whole year now - maybe Fred will get their attention. Like they say, it ain't over till the fat lady sings - and she ain't singing in Little Harbour yet!
On Abaco Club project facing legal threat
Posted 26 December 2015, 12:54 p.m. Suggest removal