A Bahamian-owned company has been selected to open four restaurants within the Baha Mar Casino and Hotel.
The move is set to lead to the hiring of as many as 400 people and the raising of tens of millions of dollars locally, Guardian Business understands.
The Skandalaris brothers, Johnny, Tony and Manoli, known for their ownership and development of Skans restaurant in downtown Nassau and, more recently, the popular Olives Meze Grill restaurant and ar on Cable Beach, are partners in the company with others, sources have disclosed.
Contacted for comment on Friday, Johnny Skandalaris confirmed that he and his brother are involved with the development of some restaurants in Baha Mar, but declined to comment further.
The $3.5 billion Baha Mar resort had planned for a December 2014 opening, but recently announced that it would push back its grand opening to spring 2015.
The restaurants are under development at present, Guardian Business understands.
Since it opened in 2011, Olives, located a short distance from Baha Mar, has become one of Nassau's most popular restaurants/bars. In late 2013, the business expanded due to overcrowding of its original space, extending its hours at the same time.
An official announcement from Baha Mar is anticipated within the coming week.

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