The Tribune

The former Ocean Place condo complex’s new owner yesterday said it had taken a “hard look” at several projects in the Abacos, and had come close to “a couple of deals”.

Replay Resorts managing director, Bill Green, said the Vancouver-based developer, which specialises in large scale mixed-use resorts, would not cease its interest in the Bahamas with the re-named One Ocean project.

“We have been looking at other investments here for years, and we are still looking,” Mr Green told Tribune Business. “We have come very close to a couple of deals for large-scale, mixed used resorts.

“We have a platform here in the Bahamas now. We have taken a very hard look at several resorts in Abaco. We have put in offers on some of them. We have been close to a couple of deals but it has to make sense for both sides.”

Mr Green said Replay has several billion dollars worth of projects on the drawing board, and in various stages of execution. “We’re here and we intend to grow Replay,” he added.

“Right now we are also active in Hawaii, California, Utah, Idaho, Mexico and  Antigua and Utah. We have several billion dollars worth of projects on the drawing board and in various stages of execution. We are a young company with a  growth platform.”

Replay closed on the purchase of the unfinished 52 Ocean Place units, out of a total of 79, from CIBC FirstCaribbean International Bank in July. Replay also manages the portion of the former Gin Sur Mer project on Grand Bahama that is now owned by the lending syndicate headed by Credit Suisse.