Bacardi members in Buena Vista distillery

Fri, Dec 16th 2011, 09:00 AM

By NEIL HARTNELL

Tribune Business Editor

MEMBERS of the world-famous Bacardi family are transforming the historic Buena Vista restaurant into a micro rum distillery and tourist centre, Tribune Business can disclose, having agreed a 10-year lease for the site with its National Insurance Board (NIB) owner.

Mario, Jose and Pepe Portuando are investing in a project that aims to transform the property, situated between West Hill Street and Delancey Street, into a development that not only preserves an historic building but also ties into initiatives by the likes of Graycliff and the overall redevelopment of downtown Nassau.

Algernon Cargill, NIB's director, confirmed the lease arrangement with th ...

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