Topic: Hyatt

A developer plans to build a 10-storey Hyatt hotel on the site of the old Margaritaville resort, previously Treasure Island, on West Bay Road.

A water sports dock, for dive boats, catamarans and tour operators, is planned as part of a major ongoing hotel development at the southern end of the Seven Mile Beach strip.

Three derelict hotel buildings off Esterley Tibbetts Highway are getting converted into a creative campus with work spaces, hotel rooms, an event space, shops and gardens.

Derelict since Hurricane Ivan, the old Hyatt hotel buildings are set to be renovated as a ‘creative campus’ - potentially including a recording studio and art exhibition space.

The construction of a 10-story Grand Hyatt hotel at the site of the former Pageant Beach resort will be partly financed through a bridge loan from a fund managed by Bahamas-based Sterling Global Financial, the company announced last week.

Firefighters battled for more than an hour Tuesday evening to extinguish a blaze on the upper floor of the derelict Hyatt hotel. Thick black smoke could be seen pouring from the roof of the building and across the skyline.

The Dart group has officially taken ownership of the former Hyatt properties, the Grand Cayman Beach Suites and the Britannia Golf Club.

The Dart group has bought the old Hyatt resort, the nine-hole Britannia Golf Course and the Beach Suites hotel, which will close following the sale.