NASSAU, Bahamas, March 19, 2013 /PRNewswire/ -- While the global economy lurches unpredictably, it seems something rather interesting is happening in the tropical Bahamas.
The longtime Caribbean holiday haunt is experiencing a mini-boom, with international billion-dollar developments and business investments rapidly moving forward.
While the Atlantis resort on the Bahamas' Paradise Island is considered a landmark achievement, BahaMar, an ambitious $3.5 billion resort on New Providence Island, is due for completion in December 2014 and expected to follow the lead of Atlantis. The resort is preparing to impress a mostly adult clientele with 3,000 feet of white-sand beach, hotels, Vegas-style casino, shopping, a Jack Nicklaus Signature golf course, pools, restaurants, clubs and bars.
In southwestern New Providence lies the Albany resort community, developed on 600 oceanfront acres by the Bahamas-based Tavistock Group, golf legends Tiger Woods and Ernie Els.